Corporate crime

FILE - This Aug. 28, 2019, file photo shows the Adelanto U.S. Immigration and Enforcement Processing Center operated by GEO Group, Inc. (GEO) a Florida-based company specializing in privatized corrections in Adelanto, Calif. Speaking to investors last week, the founder of the private prison company GEO Group, which has been donating large sums to President Donald Trump and Republican candidates, predicted his company would rebound after the November election. (AP Photo/Chris Carlson, File)
August 13, 2020 - 1:27 pm
HOUSTON (AP) — Executives at the nation’s two largest private prison companies have been donating large sums to President Donald Trump and Republican candidates with an eye toward the November elections that one of the corporations believes will lead to a rebound in its stock price. The fortunes of...
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This wanted poster, provided by the German police on Wednesday, August 12, 2020, shows Jan Marsalek, the former 'Wirecard' chief operating officer. German investigators are appealing for the public’s help in tracking down the former chief operating officer of bankrupt payment company Wirecard who is facing allegations of fraud and other charges. Federal police issued a wanted poster for Jan Marsalek, saying the 40-year-old Austrian is suspected to have fled Germany after learning authorities were after him. (BKA via AP)
August 13, 2020 - 9:13 am
BERLIN (AP) — German investigators are appealing for the public's help in tracking down the former chief operating officer of bankrupt payment company Wirecard who is facing allegations of fraud and other charges. Federal police issued a wanted poster late Wednesday for Jan Marsalek, saying the 40-...
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August 10, 2020 - 10:54 am
SAVANNAH, Ga. (AP) — A Georgia man falsely claimed that a drug his company was selling would lower the risk of becoming infected with COVID-19, federal prosecutors said. Matthew Ryncarz and his company Fusion Health and Vitality, which operated as Pharm Origins, are accused of saying a misbranded...
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August 08, 2020 - 4:45 pm
NEW YORK (AP) — A government agency said a potential deal to have Eastman Kodak help make generic drugs is being paused until allegations of insider trading at the once mighty photography company are cleared. “Recent allegations of wrongdoing raise serious concerns,” said the U.S. International...
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FILE - In this Sept. 24, 2019, file photo, former Google engineer Anthony Levandowski speaks to the media, as his attorney Miles Ehrlich stands behind him outside of a federal courthouse in San Francisco. Levandowski, a former Google engineer who helped steer the company’s self-driving car project, was sentenced Tuesday, Aug. 4, 2020, to 18 months in prison and ordered to pay more than $850,000 after pleading guilty to stealing trade secrets before joining Uber’s effort to build robotic vehicles for its ride-hailing service. (AP Photo/Michael Liedtke, File)
August 04, 2020 - 10:19 pm
SAN RAMON, Calif. (AP) — A former Google engineer has been sentenced to 18 months in prison after pleading guilty to stealing trade secrets before joining Uber's effort to build robotic vehicles for its ride-hailing service. The sentence handed down Tuesday by U.S. District Judge William Alsup came...
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FILE - This Jan. 25, 2011 file photo shows a Kodak slide projector in Philadelphia. Photography company Eastman Kodak is set to receive a $765 million government loan to create a new division that will help make ingredients for use in generic drugs. Kodak Pharmaceuticals will make critical pharmaceutical ingredients that have been identified as essential but have lapsed into chronic national shortage, as defined by the Food and Drug Administration. (AP Photo/Matt Rourke, File)
August 04, 2020 - 9:10 pm
Eastman Kodak's potentially lucrative deal to help the U.S. government make more generic drugs domestically is threatening to turn into a regulatory headache for the fallen photography giant. Kodak's depressed stock price surged last week before the company announced its plans to work with...
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FILE - In this Dec. 3, 2012, file photo, Chinese real estate mogul Ren Zhiqiang poses for photos in his office in Beijing. Ren, former chairman of a state-owned real estate company who publicly criticized Chinese President Xi Jinping’s handling of the coronavirus pandemic has been expelled from the ruling Communist Party and will be prosecuted on corruption charges, the party announced Friday, July 24, 2020. (Color China Photo via AP)
July 24, 2020 - 4:51 am
BEIJING (AP) — The former chairman of a state-owned real estate company who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic has been expelled from the ruling Communist Party and will be prosecuted on corruption charges, the party announced Friday. Ren Zhiqiang, who...
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July 23, 2020 - 8:08 pm
SACRAMENTO, Calif. (AP) — Three California men were charged with running a phony securities scheme that defrauded investors around the world out of more than $10 million, authorities said Thursday. Christopher Mancuso, John Black, and Joseph Tufo allegedly lured victims by promising to triple or...
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Prosecutor Anne Leiding informs the media about the "latest developments" in their Wirecard probe during a statement in Munich, Germany, Wednesday, July 22, 2020. Wirecard AG had repeated contact with Angela Merkel's chancellery in the months before its collapse, according to a chronology of events by her office. (AP Photo/Matthias Schrader)
July 22, 2020 - 10:58 am
BERLIN (AP) — Two more former executives at bankrupt German payment company Wirecard were arrested on Wednesday in the fraud scandal that brought down the one-time tech star and its former CEO was taken back into custody after the case against him was expanded, prosecutors said. Wirecard's former...
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July 21, 2020 - 4:33 pm
PROVIDENCE, R.I. (AP) — A California company and its CEO are facing conspiracy, money laundering and other federal charges for allegedly attempting to illegally export chemicals to a Chinese company with military ties, federal prosecutors said. U.S. Attorney for Rhode Island Aaron Weisman said Tao...
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