The U.S. Justice Department plans to propose that Boeing plead guilty to fraud in connection with two deadly plane crashes involving its 737 Max jetliners, according to two people who heard federal prosecutors detail the offer Sunday. Boeing will have until the end of the coming week to accept or reject the offer, which includes the giant aerospace company […]
Tag: fraud
US wants Boeing to plead guilty to fraud over fatal crashes, lawyers say
The U.S. Justice Department plans to propose that Boeing plead guilty to fraud in connection with two deadly plane crashes involving its 737 Max jetliners, according to two people who heard federal prosecutors detail the offer Sunday. Boeing will have until the end of the coming week to accept or reject the offer, which includes the giant aerospace company […]
Scientist behind Alzheimer’s drug in late-stage trials is indicted on charges of research fraud
A neuroscientist whose work helped pave the way for an Alzheimer’s drug candidate was indicted by a federal grand jury on Thursday on charges of fraud. The indictment, announced Friday by the Justice Department, brings additional scrutiny to the work of Hoau-Yan Wang, who has had multiple studies retracted and faced an investigation by the […]
Former boss of Brazilian retail giant Americanas arrested in £3.5bn fraud probe
The former chief executive of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested on Friday in Madrid, accused of participating in a 25 billion reais (£3.5 billion) fraud scheme. Brazil’s federal police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and artificially boost the […]
Former CEO of Brazilian retail giant Americanas arrested amid allegations of billions in fraud
SAO PAULO (AP) — Brazil-Retail-Fraud The former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, accused of participating in a 25 billion reais ($4.5 billion) fraud scheme. Brazil’s Federal Police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and […]
Former CEO of Brazilian retail giant Americanas arrested amid allegations of billions in fraud
SAO PAULO (AP) — Brazil-Retail-Fraud The former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, accused of participating in a 25 billion reais ($4.5 billion) fraud scheme. Brazil’s Federal Police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and […]
Justice Department charges nearly 200 people in $2.7 billion health care fraud schemes crackdown
WASHINGTON (AP) — Nearly 200 people have been charged in a sweeping nationwide crackdown on health care fraud schemes with false claims topping $2.7 billion, the Justice Department said on Thursday. Attorney General Merrick Garland announced the charges against doctors, nurse practitioners and others across the U.S. accused of a variety of scams, including a […]
Trump says he’ll accept 2024 results if they’re ‘fair and legal’ while airing false 2020 fraud claims
Former President Donald Trump said during the CNN presidential debate that he would accept the results of the 2024 race in November if it is a “fair and legal and good election” — before proceeding to repeat a discredited allegation of voter fraud when he lost four years ago. CNN debate moderator Dana Bash asked […]
4 Central Florida residents charged in national crackdown on health care fraud
Four Central Florida residents are among 193 people charged in a $2.7 billion nationwide crackdown on health care fraud announced Thursday by the U.S. Department of Justice. Nurse practitioner Erin Kim, 54, of Orlando, is accused of prescribing 1.5 million Adderall pills and other stimulants to those who failed to meet criteria or higher doses […]
The Supreme Court strips the SEC of a critical enforcement tool in fraud cases
WASHINGTON (AP) — The Supreme Court on Thursday stripped the Securities and Exchange Commission of a major tool in fighting securities fraud in a decision that also could have far-reaching effects on other regulatory agencies. The justices ruled in a 6-3 vote that people accused of fraud by the SEC, which regulates securities markets, have […]
The Supreme Court strips the SEC of a critical enforcement tool in fraud cases
WASHINGTON (AP) — The Supreme Court on Thursday stripped the Securities and Exchange Commission of a major tool in fighting securities fraud in a decision that also could have far-reaching effects on other regulatory agencies. The justices ruled in a 6-3 vote that people accused of fraud by the SEC, which regulates securities markets, have […]
Judge accepts first Goshen election fraud guilty plea
Jun. 26—GOSHEN — Jose Elizalde is the first of Goshen Community School’s candidates to plead guilty to election fraud, stemming from the 2022 school board elections. Elkhart County Superior Court 3 Judge Teresa Cataldo accepted his plea, filed May 30, during court proceedings Wednesday. Elizalde pleaded guilty to one count of Filing a Fraudulent Report, […]