FRANKFURT (Reuters) – Volkswagen’s truck division Traton on Tuesday said some of its divisions were disposing assets in Russia, a move that will cause a 550 million euro ($560 million) …
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- Department of Justice Press Releases
Two Nigerian Nationals Sentenced to Prison for $2 Million Internet Fraud Scam
by DOJ Pressby DOJ PressMINNEAPOLIS – Two men have been sentenced to prison for stealing more than $2 million from victims of business email compromise and romance fraud schemes, announced United States Attorney Andrew …
- Financial News
UK watchdog’s Woodford fund redress may derail Link-Dye & Durham $1.7 billion buyout
by Reutersby ReutersBy Huw Jones LONDON (Reuters) -Link Fund Solutions, which managed the collapsed LF Woodford Equity Income Fund, could be forced to pay up to 306 million pounds ($358 million) in …
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PHARR, Texas—U.S. Customs and Border Protection, Office of Field Operations (OFO) at the Pharr International Bridge Cargo Facility intercepted $2,384,668 in alleged methamphetamine. “Our CBP officers relied on their experience …
- Department of Justice Press Releases
Former Louisiana Woman Indicted for Preparing Over 110 Fraudulent PPP Loans Totaling Over $1.1 Million Dollars
by DOJ Pressby DOJ PressNEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced today the indictment of SHARNAE EVERY (“EVERY”), age 27, of Houston, Texas, who was charged with one (1) count …
- Department of Justice Press Releases
Bucks County Man Charged with Causing More Than $1.5 Million in Damage to Decommissioned Power Plants Across Philadelphia Region by Stealing Copper Wire to Sell for Scrap
by DOJ Pressby DOJ PressPHILADELPHIA – United States Attorney Jacqueline C. Romero announced that Michael Garrison, 43, of Croydon, PA, was charged by Information with one count of conspiracy to commit wire fraud, one …
- Department of Justice Press Releases
Three Defendants Sentenced for $2.1 Million Meth Conspiracy
by DOJ Pressby DOJ PressKANSAS CITY, Mo. – Two Mexican nationals and a St. Joseph man were sentenced in federal court today for their roles in a $2.1 million conspiracy that distributed more than …
- Department of Justice Press Releases
Hollywood Executive And Former White House Staffer Sentenced To Six Years In Prison For Defrauding New York Investment Fund Of Over $30 Million
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced that WILLIAM SADLEIR was sentenced today by U.S. District Judge Paul A. Engelmayer to six years …
- Department of Justice Press Releases
Nigerian Man Indicted and Wanted for Defrauding New York State Out of More than $30 Million by Posing as Ventilator Seller During Height of the COVID-19 Pandemic
by DOJ Pressby DOJ PressPHILADELPHIA – United States Attorney Jacqueline C. Romero announced that Chidozie Collins Obasi, 29, of Nigeria, was charged by Indictment with one count of conspiracy to commit mail and wire …
- Department of Justice Press Releases
Maryland Woman Sentenced to Federal Prison for Fraud Schemes Resulting in Losses of More Than $1.4 Million
by DOJ Pressby DOJ PressBaltimore, Maryland – U.S. District Judge Richard D. Bennett sentenced Linda Pylant, age 59, of Grasonville, Maryland, today to four years in federal prison, followed by one year of home …
- Financial News
Thailand targets higher rice exports of 7.5 million tonnes this year
by Reutersby ReutersBANGKOK (Reuters) – Thailand is aiming for rice exports of 7.5 million tonnes this year, up from a previous target of 7 million tonnes, due to increased output and a …
- Financial News
Brazil broker Avenue aims for 1 million clients after Itau deal
by Reutersby ReutersBy Gabriel Araujo SAO PAULO (Reuters) – Brazilian brokerage Avenue Holdings Inc expects to reach the 1 million customer mark soon, an executive said, after Brazil’s largest private lender Itau …
- Department of Justice Press Releases
Brooklyn-Based Manager Of Money Laundering Operation Sentenced To 48 Months In Prison In Connection With $5 Million Online Vehicle Sale Scam
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced today that NATALIA KORZHA and VLADISLAV NECEAEV were sentenced today in Manhattan federal court to conspiracy …
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DEL RIO, Texas—In the largest methamphetamine seizure in port history, U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers at Del Rio Port of Entry seized methamphetamine …
- California News
Calexico and Andrade CBP Officers Foil Seven Narcotic Smuggling Attempts Worth Nearly $3 Million
CBP Officers locate a large amount of narcotics within A vehicle after a K-9 detection altered to the vehicle and CBP Officers conducted a through search of the interior and …
- Financial News
Departing Hong Kong residents took $269 million from pensions in Q2
by Reutersby ReutersHONG KONG (Reuters) – Residents leaving Hong Kong for good withdrew a total of HK$2.114 billion ($269.31 million) from their pension accounts in the second quarter of 2022, up 0.9% …
- Department of Justice Press Releases
Former Stockbroker Sentenced to 6½ Years in Prison for $3.2 Million Investment Fraud, Cheating on Taxes and Grandparent Scam
by DOJ Pressby DOJ PressSANTA ANA, California – A former licensed stockbroker was sentenced today to 78 months in federal prison for committing several felonies, including running a securities fraud scheme in which …
- Department of Justice Press Releases
Passaic County Woman Admits Embezzling over $3.7 Million from Employer as Company’s Chief Financial Officer
by DOJ Pressby DOJ PressNEWARK, N.J.– A Passaic County, New Jersey, woman today admitted her role in a scheme to embezzle over $3.7 million from her employer while she was the company’s chief financial …
- Financial News
SAS sees $200 million in savings through 2026 from pilot labour deal
by Reutersby ReutersSTOCKHOLM (Reuters) – Crisis-hit Scandinavian airline SAS sees savings of $200 million through 2026 from a new collective bargaining deal reached with most of its pilots following a crippling two-week …
- Conservative TimesPoliticsUS and World News
‘Personal Piggy Bank’: Black Lives Matter Leader Accused Of Stealing $10 Million From Organization
‘Personal Piggy Bank’: Black Lives Matter Leader Accused Of Stealing $10 Million From Organization Arjun Singh on September 5, 2022 A group of activists formerly associated with Black Lives Matter …
- Financial News
MTN cuts debt with early settlement of $300 million in euro bonds
by Reutersby ReutersJOHANNESBURG (Reuters) – South African mobile operator MTN Group has reduced its debt further through early settlement of $300 million in euro bonds with a 2024 maturity date, it said …
- Department of Justice Press Releases
Bayer to Pay $40 Million to Resolve the Alleged Use of Kickbacks and False Statements Relating to Three Drugs
by DOJ Pressby DOJ PressMINNEAPOLIS – Bayer Corporation, an Indiana corporation and manufacturer of pharmaceutical products, and its related entities, Bayer HealthCare Pharmaceuticals Inc., Bayer HealthCare LLC and Bayer AG (collectively “Bayer”), have agreed …
- Department of Justice Press Releases
Philips Subsidiary to Pay Over $24 Million for Alleged False Claims Caused by Respironics for Respiratory-Related Medical Equipment
by DOJ Pressby DOJ PressWASHINGTON – Philips RS North America LLC, formerly known as Respironics Inc., a manufacturer of durable medical equipment (DME) based in Pittsburgh, Pennsylvania, has agreed to pay over $24 million …
- Financial News
Berkshire trims stake in China’s BYD with 1.72 million H share sale -filing
by Reutersby ReutersSHANGHAI (Reuters) – Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 1.72 million Hong Kong-listed shares of electric vehicle maker BYD for HK$450.83 million ($57 million), …
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LAREDO, Texas—In yet another notable cargo enforcement action, the fourth one thus far this week, U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers at Laredo Port …