- San Diego businessman sentenced for bribing bankers Updated: Aug-28-15 10:08 pm
SAN DIEGO - A San Diego businessman who spent nearly $1 million to bribe bankers in a mortgage sales scheme has been sentenced to 1 ½ years in federal prison.
- Secretary of state charged with theft, money laundering Updated: Aug-28-15 7:44 pm
SANTA FE, New Mexico - New Mexico's Democratic attorney general on Friday charged Republican Secretary of State Dianna Duran with embezzlement, fraud, money laundering and campaign finance violations, further widening a rift between the two over enforcement of the state's laws governing campaigns.
- Judge tosses lawsuits over supermarkets' 'baked fresh' bread Updated: Aug-28-15 12:37 pm
CAMDEN, New Jersey - A judge has thrown out lawsuits filed by New Jersey consumers who said supermarkets fooled them into paying more for bread by advertising it was made fresh in their stores.
- Arizona solar company to pay $55K to settle consumer lawsuit Updated: Aug-28-15 6:17 am
PHOENIX - Arizona has settled a consumer fraud lawsuit against a solar company accused of calling thousands of people on a no-call registry.
- Ex-Republican House staffer imprisoned 1 year for mail fraud Updated: Aug-27-15 3:00 pm
HARTFORD, Connecticut - George Gallo, the former chief of staff to the Connecticut House Republicans, was sentenced Thursday to a year and a day in prison for taking more than $100,000 in payments from a political campaign direct mail company to which he steered business.
- Texas attorney general pleads not guilty to securities fraud Updated: Aug-27-15 2:47 pm
FORT WORTH, Texas - Texas' attorney general, Ken Paxton, pleaded not guilty to securities fraud charges Thursday during a hearing in which he asked the judge to bar cameras from future proceedings and his high-powered lawyer resigned.
- St. Louis area tax prep business owner indicted for fraud Updated: Aug-26-15 2:13 pm
EAST ST. LOUIS, Illinois - The owner of a St. Louis area business and six employees have been indicted on federal fraud charges related to what authorities call a scheme to submit phony income tax returns.
- China probing brokers, regulators for possible stock crimes Updated: Aug-26-15 8:04 am
BEIJING - Employees of one of China's biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price boom.
- Arizona woman pleads guilty in Texas in CDs copyright scam Updated: Aug-26-15 8:01 am
DALLAS - An Arizona woman who owns a record distribution company has pleaded guilty in Texas to running a counterfeit Latina CDs scam.
- Ex-Arvest Bank CEO pleads guilty to bank fraud Updated: Aug-26-15 3:35 am
FAYETTEVILLE, Arkansas - A former Arvest Bank executive has pleaded guilty in a Fayetteville federal court to one count of bank fraud.
- Ex-J.P. Morgan analyst pleads not guilty to insider trading Updated: Aug-25-15 9:46 pm
LOS ANGELES - A former J.P. Morgan Securities analyst in California pleaded not guilty Tuesday to taking part in insider trading that prosecutors say netted more than $600,000.
- A look at recent politically tainted trials in Russia Updated: Aug-25-15 10:04 am
MOSCOW - The guilty verdict Tuesday for Crimean filmmaker Oleg Sentsov, who was convicted and sentenced to 20 years in a Russian maximum-security prison for an alleged terror conspiracy, follows a plethora of recent Russian trials that are widely seen as warnings to society not to question its Kremlin rulers.
- Douglas County businessman admits to income-tax evasion Updated: Aug-25-15 4:58 am
SPRINGFIELD, Illinois - A Douglas County businessman has admitted putting his business under an employee's name to avoid paying income taxes.
- California home sale executive pleads guilty to bank fraud Updated: Aug-24-15 8:52 pm
CONCORD, California - A top sales executive for a Northern California-based developer has pleaded guilty in connection with a mortgage fraud scheme that cost banks about $75 million.
- Securities officials go after Bellevue developer Updated: Aug-24-15 4:49 pm
SEATTLE - The Securities and Exchange Commission filed a complaint and sought a restraining order Monday against the head of an investment firm, saying he bilked more than 250 Chinese investors out of millions of dollars on two real estate projects - a skyscraper in downtown Seattle and a development in Everett.
- Contractor: Former Mississippi prison leader sought bribes Updated: Aug-21-15 7:56 pm
JACKSON, Mississippi - One man pleaded guilty Friday and another was indicted on federal charges that they paid bribes and kickbacks to a former Mississippi corrections commissioner in exchange for contracts.
- Oklahoma state GOP senator admits to $1.8M in fraud, quits Updated: Aug-20-15 5:04 pm
TULSA, Oklahoma - A two-term Oklahoma state senator admitted in federal court Thursday that he stole $1.8 million from the nonprofit agency where he worked and filed a false tax return.
- Ex-Wilmington Trust president makes first court appearance Updated: Aug-20-15 3:31 pm
WILMINGTON, Delaware - Former Wilmington Trust president Robert Harra Jr. was ordered released on bail Thursday after pleading not guilty to fraud and conspiracy charges stemming from an ongoing federal investigation into the collapse of the century-old financial institution.
- Ex-CEO pleads guilty to arranging bribes on traffic cameras Updated: Aug-20-15 3:22 pm
CHICAGO - The former chief executive of a red-light camera company changed her plea to guilty on Thursday in a scheme that funneled hundreds of thousands of dollars in bribes to secure $124 million in city of Chicago contracts.
- Ohio judge sentences ex-legislator in fraud case Updated: Aug-20-15 1:44 pm
CINCINNATI - A once-prominent Ohio legislator was led out of a courtroom in handcuffs Thursday after a judge ordered him to serve four years in prison in an investment fraud case.
- Watchdog: Few states actively fighting corporate corruption Updated: Aug-20-15 4:40 am
BERLIN - An anti-corruption watchdog says only four of 41 countries that signed an anti-bribery convention 16 years ago are actively investigating and prosecuting companies that bribe foreign officials to win contracts, or dodge taxes and local laws.
- Retired Ohio dentist faces 24 years for investment fraud Updated: Aug-20-15 3:28 am
HAMILTON, Ohio - A retired western Ohio dentist faces up to 24 years in prison for using $125,000 obtained from investors to gamble and pay off personal credit card debt.
- Toshiba foresees loss after accounting scandal Updated: Aug-18-15 10:28 pm
TOKYO - Japanese energy and electronics giant Toshiba Corp. has revamped its leadership lineup and is forecasting a net loss in the current fiscal year as it cleans up problems with its accounting and corporate governance.
- Senator targeted in embezzlement probe won't get pension Updated: Aug-18-15 6:31 pm
OKLAHOMA CITY - A Republican state senator who has announced plans to resign after being accused of embezzling more than $1.8 million from the nonprofit where he worked will not be eligible to receive a state pension, the head of a state retirement agency said Tuesday.
- Hedge fund manager acquitted in Atlanta insider-trading case Updated: Aug-18-15 5:17 pm
ATLANTA - A federal jury in Atlanta has acquitted a retired hedge fund manager charged with insider trading.