Corporate crime

FILE - This combination of Sept. 27, 2012, file photos, show Jay Peak Resort co-owner Ariel Quiros, left, and Jay Peak Resort co-owner and CEO Bill Stenger at a news conference in Newport, Vt.  Fraud charges were filed Wednesday, May 22, 2019, against former Jay Peak owner Ariel Quiros, of Florida, and former president, William Stenger, of Newport. The pair are accused in a multimillion-dollar fraud case on multiple federal charges over a failed plan to build a biotech facility using foreign investors' money. (Robin Smith/Caledonian-Record via AP, File)
May 22, 2019 - 12:09 pm
BURLINGTON, Vt. (AP) — The former owner and former president of a Vermont ski resort accused in a multimillion-dollar fraud case have been indicted on multiple federal charges over a failed plan to build a biotechnology plant using foreign investors' money. The fraud charges against former Jay Peak...
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FILE - In this Thursday, March 7, 2019 file photo, the Texas state flag files outside the Huawei Technologies Ltd. business location in Plano, Texas. President Donald Trump issued an executive order Wednesday, May 15, 2019, apparently aimed at banning equipment from Chinese telecommunications giant Huawei from U.S. networks. It does not name specific countries or companies and gives the Department of Commerce 150 days to come up with regulations. (AP Photo/Tony Gutierrez, File)
May 16, 2019 - 2:01 am
In a fateful swipe at telecommunications giant Huawei, the Trump administration issued an executive order Wednesday apparently aimed at banning its equipment from U.S. networks and said it was subjecting the Chinese company to strict export controls. Huawei would be the largest business ever...
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Nissan Motor Co. Chief Executive Hiroto Saikawa speaks during a press conference at its Global Headquarters in Yokohama, near Tokyo Tuesday, May 14, 2019. Japanese automaker Nissan, reeling from the arrest of its former Chairman Carlos Ghosn, reported Tuesday that annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward.(AP Photo/Koji Sasahara)
May 14, 2019 - 6:31 am
TOKYO (AP) — Japanese automaker Nissan, reeling from the arrest of its former chairman Carlos Ghosn, reported Tuesday that its annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward. Nissan Motor Co.'s profit for the fiscal...
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May 13, 2019 - 3:36 pm
NEW YORK (AP) — A businessman described by prosecutors as the "gravitational center" of a conspiracy to bribe New York police officers in one of the worst scandals to hit the department in recent decades was sentenced to four years in prison Monday. Jeremy Reichberg, 45, was also fined $50,000 for...
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May 10, 2019 - 3:50 am
NASHVILLE, Tenn. (AP) — Four Tennessee pain management clinics have abruptly closed amid state and federal health insurance fraud investigations. The Tennessean reports the clinics formerly with PainMD and rebranded under the name Rinova officially closed Wednesday. Federal authorities last year...
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May 09, 2019 - 5:12 pm
LAS VEGAS (AP) — A federal judge in Nevada reversed a magistrate's decision and ordered a father and son from Japan to remain jailed in U.S. custody pending trial on fraud charges in what prosecutors call a $1.5 billion international Ponzi scheme. Attorney Richard Wright, representing former MRI...
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FILE - In this March 5, 2019, file photo, Christian Dawkins arrives at federal court in New York. A jury began deliberating on Monday, May 6, 2019, at the trial of Dawkins, a business manager, and youth basketball coach Merl Code, both accused of secretly bribing assistant college basketball coaches. (AP Photo/Seth Wenig, File)
May 08, 2019 - 1:19 pm
NEW YORK (AP) — An aspiring sports business manager and an amateur basketball coach were convicted of bribery conspiracy Wednesday at a trial that showed top college coaches were paid off to steer NBA-bound athletes to favored handlers. The verdict capped the two-week trial of Christian Dawkins and...
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Huawei Chief Financial Officer Meng Wanzhou, back right, who is out on bail and remains under partial house arrest after she was detained Dec. 1 at the behest of American authorities, is accompanied by a private security detail as she leaves her home to attend a court appearance in Vancouver, British Columbia, Wednesday, May 8, 2019. (Darryl Dyck/The Canadian Press via AP)
May 08, 2019 - 12:31 pm
VANCOUVER, British Columbia (AP) — The lawyer for a senior executive of Chinese tech giant Huawei who was arrested in Canada on a U.S. extradition warrant said Wednesday he'll try to prevent the case from going ahead by arguing that comments by President Donald Trump suggest the case against her is...
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FILE - This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users' privacy. (AP Photo/Alex Brandon, File)
May 08, 2019 - 12:40 am
WASHINGTON (AP) — Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users' privacy. The Federal Trade Commission is considering a rare action holding CEO Mark Zuckerberg personally accountable...
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FILE - In this Thursday, Oct. 4, 2018 file photo, Britain's Defence Minister Gavin Williamson stands in the main chamber during a gathering of NATO defence ministers at NATO headquarters in Brussels. British Defense Secretary Gavin Williamson has been fired Wednesday, May 1, 2019 after an investigation into leaks from a secret government meeting about Chinese telecoms firm Huawei. Prime Minister Theresa May's office says May has "lost confidence" in Williamson. (AP Photo/Francisco Seco, file)
May 04, 2019 - 10:21 am
LONDON (AP) — The leak of details from a secret U.K. government discussion about Chinese telecommunications company Huawei doesn't amount to a crime, London's Metropolitan Police force said Saturday. Assistant Commissioner Neil Basu said he was satisfied the disclosure from a National Security...
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