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Crime Embezzlement

  • Mark Karpeles, chief executive officer of Mt. Gox, in February, 2014.

    The chief executive of defunct Mt. Gox pleaded not guilty on Tuesday to charges relating to the loss of hundreds of millions of dollars worth of bitcoins.

  • SEOUL, March 31- Samsung Electronics Co Ltd said on Friday it paid Vice Chairman Jay Y. Lee, the third-generation leader of Samsung Group, 1.135 billion won last year, disclosing his compensation for the first time. Lee is currently on trial for bribery, embezzlement and other charges amid a corruption scandal that has rocked South Korea. Lee's compensation...

  • Marc Ladreit de Lacharrière

    The billionaire has been building relationships with socialist politician for decades, FT reports.

  • *Samsung Group chief charged with bribery, embezzlement. SEOUL, Feb 28- South Korean prosecutors charged Samsung Group chief Jay Y. Lee with bribery and embezzlement on Tuesday as the top conglomerate announced the dismantling of its corporate strategy office, the latest developments in a graft scandal that has rocked the country. "We apologize for the social...

  • *Samsung Group chief charged with bribery, embezzlement. SEOUL, Feb 28- South Korean prosecutors charged Samsung Group chief Jay Y. Lee with bribery and embezzlement on Tuesday as the top conglomerate announced the dismantling of its corporate strategy office, the latest developments in a graft scandal that has rocked the country. "We apologize for the social...

  • *Samsung Group chief to be charged with bribery, embezzlement. SEOUL, Feb 28- South Korean prosecutors said on Tuesday they will charge Samsung Group chief Jay Y. Lee with bribery and embezzlement as the top conglomerate announced the dismantling of its corporate strategy office, the latest developments in a scandal that has rocked the country for months.

  • *Samsung Group chief to be charged with bribery, embezzlement. SEOUL, Feb 28- South Korean prosecutors said on Tuesday they will charge Samsung Group chief Jay Y. Lee with bribery and embezzlement as the top conglomerate announced the dismantling of its corporate strategy office, the latest developments in a scandal that has rocked the country for months.

  • 1MDB board of advisers to be dissolved

    Malaysia's finance ministry announces its decision to dissolve the board of advisers at 1Malaysia Development Berhad.

  • rita-crundwell-200.jpg

    Federal prosecutors say a horse breeder, who was the comptroller of Dixon, Ill., stole more than $30 million from the town since 2006.

  • It’s not tax time just yet, but it’s looming uncomfortably on the horizon. The conscientious among us have already filed their tax forms or are in the process of doing so. The rest of us hem, haw and put it off until the last minute.Apart from the punctual and the lackadaisical, another category of taxpayer exists: The taxpayer who, for one reason or another, has failed to accurately disclose all of his or her earnings. Sometimes this is a simple mistake. Sometimes it’s the accountant’s fault. S

    Some celebrities, including Lauryn Hill, fell out of good standing with the IRS, and paid dearly for it. Read ahead to see some of the celebrities who just didn’t get that return in on time.

  • golf clubs

    In China, courses such as the 36-hole Qinghe Bay Country Sports Club, located within view of the Olympic Bird’s Nest stadium in Beijing, reflect surging private fortunes. But facilities such as this have also become a potent symbol of the hypocrisy and corruption inherent in Communist party rule. The FT reports.

  • Rail attendants pose with the Chinese high-speed trains at a station in Shanghai on October 26, 2010, prior to the launch of the Shanghai to Hangzhou line. China's latest new high-speed passenger rail line went into service, halving travel time to 45 minutes between Shanghai and the eastern lake city of Hangzhou, officials said. CHINA OUT AFP PHOTO (Photo credit should read STR/AFP/Getty Images)

    China’s high-speed railway system, the largest-ever transportation infrastructure project in history, is presenting opportunities for global investors, says Jerry Lou, China Strategist at Morgan Stanley.

  • Lenny Dykstra

    Lenny Dykstra, an outfielder for the New York Mets and Philadelphia Phillies known by the nickname "Nails," has been indicted for bankruptcy fraud and embezzlement from the bankruptcy estate.

  • Workers assist at a construction site of the Chengdu-Dujiangyan railway.

    Investigators have found evidence that nearly $30 million of funds budgeted for China’s Beijing-Shanghai high-speed rail line was misappropriated last year, in another blow to the country’s scandal-plagued high-speed rail sector. The FT reports.