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Tag:

Million

  • Financial News

    Traton sells some assets in Russia, incurs 550 million euro loss

    by Reuters September 13, 2022
    by Reuters September 13, 2022

    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) …

  • Department of Justice Press Releases

    Two Nigerian Nationals Sentenced to Prison for $2 Million Internet Fraud Scam

    by DOJ Press September 12, 2022
    by DOJ Press September 12, 2022

    MINNEAPOLIS – 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 Reuters September 12, 2022
    by Reuters September 12, 2022

    By 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 …

  • California News

    CBP Officers Seize $2.3 Million in Methamphetamine at Pharr International Bridge

    by Shore News Network September 12, 2022
    by Shore News Network September 12, 2022

    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 Press September 9, 2022
    by DOJ Press September 9, 2022

    NEW 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 Press September 9, 2022
    by DOJ Press September 9, 2022

    PHILADELPHIA – 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 Press September 9, 2022
    by DOJ Press September 9, 2022

    KANSAS 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 Press September 9, 2022
    by DOJ Press September 9, 2022

    Damian 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 Press September 9, 2022
    by DOJ Press September 9, 2022

    PHILADELPHIA – 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 Press September 8, 2022
    by DOJ Press September 8, 2022

    Baltimore, 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 Reuters September 8, 2022
    by Reuters September 8, 2022

    BANGKOK (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 Reuters September 8, 2022
    by Reuters September 8, 2022

    By 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 Press September 7, 2022
    by DOJ Press September 7, 2022

    Damian 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 …

  • California News

    CBP Officers Seize $11.9 Million in Methamphetamine at Del Rio Port of Entry

    by Shore News Network September 7, 2022
    by Shore News Network September 7, 2022

    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

    by Shore News Network September 7, 2022
    by Shore News Network September 7, 2022

    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 Reuters September 7, 2022
    by Reuters September 7, 2022

    HONG 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 Press September 6, 2022
    by DOJ Press September 6, 2022

              SANTA 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 Press September 6, 2022
    by DOJ Press September 6, 2022

    NEWARK, 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 Reuters September 6, 2022
    by Reuters September 6, 2022

    STOCKHOLM (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

    by The Daily Caller September 5, 2022
    by The Daily Caller September 5, 2022

    ‘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 Reuters September 5, 2022
    by Reuters September 5, 2022

    JOHANNESBURG (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 Press September 2, 2022
    by DOJ Press September 2, 2022

    MINNEAPOLIS – 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 Press September 2, 2022
    by DOJ Press September 2, 2022

    WASHINGTON – 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 Reuters September 2, 2022
    by Reuters September 2, 2022

    SHANGHAI (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), …

  • California News

    World Trade Bridge CBP Officers Seize $4.2 Million in Cocaine

    by Shore News Network September 2, 2022
    by Shore News Network September 2, 2022

    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 …

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