Mitsubishi Motors fires Carlos Ghosn as chairman following arrest

The board of Japanese automaker Mitsubishi Motors, which is allied with Renault and Nissan, voted unanimously Monday to dismiss Carlos Ghosn as its chairman following his arrest last week.

Prosecutors arrested Ghosn on Nov. 19 on suspicion he under-reported his income by $44 million over five years. Nissan Motor Co. ousted him as its chairman last week, saying an internal investigation prompted by a whistleblower also found Ghosn misused company money and assets. read more »

Little known to many investors, cryptocurrency reviews are for sale

When cryptocurrency issuers want positive coverage for their virtual coins, they buy it.

Self-proclaimed social media personalities charge thousands of dollars for video reviews. Research houses accept payments in the cryptocurrencies they are analyzing. Rating “experts” will grade anything positively, for a price. read more »

U.S. Military Contractor Sentenced to Prison for Bribery

A former business partner of a U.S. military contractor was sentenced today to 18 months in prison for his role in a years-long scheme to bribe U.S. Army contracting officials stationed at a U.S. military base in Kuwait during the Iraq War. read more »