HSBC Holdings Plc has agreed to pay $30 million to settle litigation by investors who accused 11 big banks of rigging the roughly $9 trillion government agency bond market from 2009 to 2015.
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Hollywood actor Leonardo DiCaprio made a secret appearance before a D.C. grand jury in recent months to testify as part of the Justice Department's expansive investigation into a multibillion-dollar fraud surrounding a Malaysian government investment fund, according to people familiar with the case.
The U.S. Supreme Court on Monday declined to hear Gilead Sciences Inc's appeal of a ruling that allowed a whistleblower lawsuit alleging it defrauded the government into paying for HIV medications whose main ingredient came from an unregistered Chinese facility to move forward.
On Thursday, three ex-Credit Suisse Group AG bankers were arrested in London and face possible extradition to the U.S. on charges related to bribery of officials in Mozambique.
The final rules, which implement a mandate from the Dodd-Frank Act, will require disclosure of practices or policies in full, or, alternatively, a summary of those practices or policies that includes a description of any categories of hedging transactions that are specifically permitted or disallowed.
The DOJ collected more than $2.5 billion in judgments and settlements related to healthcare fraud and false claims in 2018.
The Department of Justice obtained more than $2.8 billion in settlements and judgments from civil cases involving fraud and false claims against the government in the fiscal year ending Sept. 30, 2018, Principal Deputy Associate Attorney General Jesse Panuccio and Assistant Attorney General Jody Hunt of the Department of Justice's Civil Division announced today.
As investigators seek to determine the cause of the deadliest wildfire in California history, the culprit that fire officials have linked to more than a dozen fires that ravaged large swaths of Northern California last year is again in the hot seat.
For years, Facebook gave some of the world's largest technology companies more intrusive access to users' personal data than it has disclosed, effectively exempting those business partners from its usual privacy rules, according to internal records and interviews.
Panasonic Corp. violated accounting rules stemming from a scandal that cost the company more than $280 million, the Securities and Exchange Commission said Tuesday.
New York's banking regulator ordered Barclays to pay $15 million in penalties after the British bank's chief executive officer attempted to unmask a whistle-blower, the regulator said on Tuesday.
Malaysia filed criminal charges against Goldman Sachs on Monday, accusing the giant Wall Street bank of making false and misleading statements
The conduct came to light because of a whistleblower. A former bookkeeper reported the company's conduct in a complaint to the court.
The U.S. Department of Justice announced today it will become a party in a whistleblower lawsuit filed in federal court in San Francisco against Sacramento-based Sutter Health LLC and the Palo Alto Medical Foundation.
More than 18 months ago, the Manhattan district attorney's office opened yet another investigation into fraud in the city's $62 billion construction industry, this one involving Bloomberg L.P., the financial information and media company owned by former Mayor Michael Bloomberg, who is considering running for president in 2020.
Six Michigan doctors have been charged with insurance fraud and unnecessarily prescribing opioids to patients in a $464 million scheme, according to court documents filed this week by federal prosecutors.
The biggest-ever bet on Bitcoin options is about to expire worthless.
Four individuals have been charged in an indictment unsealed today in the Southern District of New York with wire fraud, tax fraud, money laundering and other offenses in connection with their alleged roles in a decades-long criminal scheme perpetrated by Mossack Fonseca & Co. ("Mossack Fonseca"), a Panamanian-based global law firm, and related entities
On Friday, hospitality giant Marriott revealed a massive hack led to the theft of personal data of a whopping 500 million customers of its Starwood hotels.
The Securities Exchange Commission announced its first civil penalties against founders who did not register new coin offerings, adding to its crackdown aimed at abuses and outright fraud in the growing digital industry.
