Crime Bribery

  • CHICAGO— A former Chicago transportation official was sentenced Monday to 10 years in prison for taking bribes to steer $100 million in red-light camera contracts to a company in Phoenix. District Judge Virginia Kendall sentenced John Bills, 55, in Chicago moments after he apologized for his actions. The former second-in-command at Chicago's Department of...

  • NEW YORK, Aug 17- Two former Insys Therapeutics Inc employees pleaded not guilty on Wednesday to charges that they engaged in a scheme to pay doctors kickbacks including speaker fees to prescribe a drug containing the opioid fentanyl. Jonathan Roper, a former Insys district sales manager, and Fernando Serrano, a former sales representative, entered their pleas...

  • NEW YORK, Aug 16- A Gabonese man who consulted for a joint venture involving a U.S. hedge fund was arrested on Tuesday on charges that he participated in a scheme to bribe officials in Africa to obtain mining rights. Och-Ziff that same month formed a joint venture in Africa with Palladino Holdings Ltd, an investment vehicle incorporated in the Turks and Caicos...

  • NEW YORK, Aug 16- A Gabonese man who consulted for a joint venture involving a U.S. hedge fund was arrested on Tuesday on charges that he participated in a scheme to bribe officials in Africa to obtain mining rights. Och-Ziff that same month formed a joint venture in Africa with Palladino Holdings Ltd, an investment vehicle incorporated in the Turks and Caicos...

  • NEW YORK, Aug 16- A Gabonese man who consulted for a joint venture involving a U.S. hedge fund was arrested on Tuesday on charges that he participated in a scheme to bribe officials in Africa to obtain mineral concessions.

  • *Six current or former employees indicted. ZURICH, Aug 11- Novartis employees in South Korea gave kickbacks to doctors including paying for their travel abroad, the Swiss drugmaker said on Thursday as it faces scrutiny over illegal practices to boost sales. The Basel- based company confirmed media reports that six current or former employees had been indicted...

  • NEW YORK, Aug 8- Chevron Corp persuaded a federal appeals court on Monday to block enforcement in the United States of an $8.65 billion Ecuadorean pollution judgment that it said, and which the court agreed, was obtained through bribery and fraud. The 2nd U.S. Circuit Court of Appeals in Manhattan upheld a lower court ruling against the American lawyer Steven...

  • LONDON, Aug 8- European stock markets rose on Monday, propped up by gains in the shares of major banks. Airbus shares fell 1.7 percent after Britain's Serious Fraud Office launched a formal investigation into suspected fraud, bribery and corruption in connection with its commercial plane sales. "There's plenty of confidence over in the States, and that's been...

  • PARIS, Aug 7- Britain's Serious Fraud Office has launched a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbus, parent company Airbus Group said on Sunday. A UK government agency this year suspended the issue of export credits to Airbus, citing discrepancies in declarations by the plane maker...

  • PARIS, Aug 7- Britain's Serious Fraud Office has launched a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbus, parent company Airbus Group said on Sunday. The move comes three months after a UK government agency suspended the issue of export credits to Airbus, citing discrepancies in...

  • Aug 3- New Jersey Senate President Stephen Sweeney, the state's top elected Democrat, on Wednesday asked state and federal prosecutors to investigate alleged threats by a labor union that he said amounted to bribery and attempts to corrupt public officials. The New Jersey Education Association threatened to withhold campaign contributions until Sweeney...

  • Aug 3- New Jersey Senate President Stephen Sweeney, the state's top elected Democrat, on Wednesday asked state and federal prosecutors to investigate alleged threats by a labor union that he said amounted to bribery and attempts to corrupt public officials. The New Jersey Education Association threatened to withhold campaign contributions until Sweeney...

  • Norman Seabrook, the Correction Officers' Benevolent Association's ex-president, and Murray Huberfeld, a longtime associate of hedge fund manager Platinum Partners, pleaded not guilty to conspiracy and honest services wire fraud charges in Manhattan federal court. Prosecutors said Seabrook, 56, accepted a $60,000 bribe in 2014 orchestrated by Huberfeld,...

  • July 22- Wal-Mart Stores Inc executives and directors persuaded a federal appeals court on Friday to reject shareholder claims that they permitted and then covered up pervasive bribery by officials at the world's largest retailer's Mexico unit. By a 3-0 vote, the 8th U.S. Circuit Court of Appeals in St. Louis upheld a lower court dismissal of a federal lawsuit...

  • AMSTERDAM, July 20- A Dutch court has ordered the confiscation of 123 million euros in assets from a Dutch-based company that prosecutors alleged was used by two telecoms companies to bribe Gulnara Karimova, the elder daughter of Uzbekistan's president, to secure local operating licenses. The Amsterdam court said in a ruling it had found that the company,...

  • SAO PAULO, July 15- Brazil's federal prosecutors and state-controlled oil company Petroleo Brasileiro SA said they signed a leniency deal on Friday with Netherlands shipleasing firm SBM Offshore NV aimed at obtaining more evidence in the South American country's widest-ever corruption probe. SBM, which has been accused of paying bribes to executives of...

  • Johnson Controls is the third company to publicly settle with the Justice Department under that agency's pilot program to encourage companies to report bribery violations, in return for reduced penalties. According to the SEC, from 2007 to 2013 roughly 19 workers at Johnson Controls' Chinese marine subsidiary used sham vendors to make roughly $4.9 million...

  • According to the SEC, from 2007 to 2013 roughly 19 workers at Johnson Controls' Chinese marine subsidiary used sham vendors to make roughly $4.9 million of improper payments. The SEC said Johnson Controls improperly recorded the payments on its books and lacked sufficient controls to detect the payments. Without admitting wrongdoing, Johnson Controls...

  • July 8- Two former executives at New Jersey- based construction management company Louis Berger have been sentenced for their roles in a scheme to secure government contracts by bribing foreign officials, U.S. prosecutors said. Their sentencing capped an investigation into what the U.S. Justice Department called a long-running bribery scheme at Louis...

  • July 8- Two former executives at New Jersey- based construction management company Louis Berger have been sentenced for their roles in a scheme to secure government contracts by bribing foreign officials, U.S. prosecutors said. Their sentencing capped an investigation into what the U.S. Justice Department called a long-running bribery scheme at Louis...