From Multi-Million Dollar Marketing Scheme to Prison Sentence
Fraudulent Marketing Scheme
Craig Jerabeck, of Rochester, NY, pleads guilty to conspiracy to commit wire fraud and filing a false tax return, as a part...
Energy Storage Company Engages in Fraudulent Revenue Recognition
Fraudulent Revenue Recognition
Just when Enron Corporation is a fading memory, a California-based energy storage and power delivery product manufacturer emerges. And this time, leveraging...
Walmart agrees to pay $137M to settle violations of Foreign Corrupt Practices Act (FCPA)
Walmart (NYSE: WMT) and its subsidiary WMT Brasilia agreed to pay a combined criminal penalty of $137 million to settle investigations into its violations...
FTC Stops Jamie White from Helping Scammers Take Advantage of Unsuspecting Consumers
In consumer protection news, the FTC stopped Jamie White, a Utah resident, from helping scammers take advantage of unsuspecting consumers. According to the lawsuit...
IMMINENT: Arizona Bar to file formal Complaint against Aaron Kelly and Daniel Warner
According to sources, a formal complaint for misconduct will get filed against Aaron Kelly and Daniel Warner in the near future.
The initial bar complaint...
Georgia-based Business Charged with Taking More Than $3 Mill from Consumers
Georgia-based company Global Processing Solutions, LLC (formerly known as Global Processing Solutions, Inc.,) along with more ten other defendants, are charged in federal court...
Consumer Protection Watchdog Files Lawsuit against Credit Repair Firms
The Consumer Financial Protection Bureau (CFPB) is suing two credit repair firms and their owners for allegedly engaging in abusive and deceptive sales practices.
On...
Novartis to pay $346 million to settle U.S. charges over alleged FCPA violations
Novartis AG, a global pharmaceutical company based in Switzerland, reached an out-of-court settlement with U.S. regulators to resolve all pending lawsuits alleging that its...
DOJ approves proposed $26 billion merger between Sprint and T-Mobile
The U.S. Department of Justice (DOJ) approved in principle, the proposed $26 billion merger between Sprint Corporation (NYSE:S) and T-Mobile (NASDAQ: TMUS).
The DOJ announced...
Radiologist Pleads Guilty to Slinging Vicodin Like Skittles and Health Care Fraud
Vicodin Is Not Candy
Marios D. Papachristou, 43, of Allison Park, PA, is a former radiologist at the University of Pittsburgh Medical Center (UPMC). The...
Must Read
CHIPS Act: Samsung Secures $6.4 Billion Grant to Fortify Semiconductor Ecosystem...
In a move that will bolster domestic semiconductor production, Samsung secured a $6.4 billion grant under the CHIPS Act, marking a pivotal step towards...
