8,000 2017 Super Duty trucks that do not contain a proper fuel tank strap, complaints that Smart ForTwo vehicle engines catch fire and quickly consume the cars, Volkswagen has reached a deal with U.S. regulators to repair or buy back a total of 83,000 vehicles
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to resolve claims that it manipulated a key benchmark, a global investigation into bribes paid across the world to secure business, Switzerland handed out about $100 million in antitrust fines against seven U.S. and European banks, providing false account statements to commodity pool participants and misappropriating pool participants' funds
asset levels still didn't leave enough money around to avoid recourse to a Ponzi scheme, transaction served no purpose other than to act as a tax shelter. Diamonds, Big Mining and George Soros
For the older vehicles, Volkswagen is required to offer to buy back the vehicles or terminate leases, and must also offer an emissions modification to substantially reduce emissions, costs of buybacks, fixes and diesel offsets were about $1 billion
The U.S. National Highway Traffic Safety Administration is launching an investigation into about 1 million newer Fiat Chrysler Ram pickup trucks and SUVs after receiving complaints the vehicles rolled away after being parked, it said on Tuesday.
A founder of the New York hedge fund Platinum Partners and six others were arrested on Monday morning on charges relating to a $1 billion fraud. The men were charged with securities fraud and investment adviser fraud in a $1 billion scheme in which executives used new investor money to pay older investors, according to an unsealed indictment filed in Federal District Court in Brooklyn.
alleges that "facilitation fees/bribes" paid by Rio, Total of $31.3 billion surpasses amount collected under the prior three administrations combined, gave grants to businesses that hired phantom workers and conducted token or non-existent training, Gupta was found to be "insufficient, unconvincing and in one instance demonstrably dishonest,"
Over 45m vehicles subject to safety recalls between 2013 and 15 not yet repaired at summer's end 2016, test results which show much higher emissions when the conditions of the official test are slightly changed.
indicates models were designed to pass the test, but not to be clean during normal driving
This is the third highest annual recovery in False Claims Act history, 40 months and to pay $1.5 million in restitution for his role in a scheme that defrauded Medicare, allegations of widespread collusion among drug manufacturers, New York appeals court on Tuesday refused to dismiss a lawsuit against Credit Suisse
GM asked the U.S. Supreme Court to overturn an appellate court's ruling that the automaker's 2009 bankruptcy does not shield it from lawsuits, Audi's top-selling model released excessive toxic diesel emissions, some companies have been selling brand new vehicles with faulty airbags
billing Medicare for tens of thousands of miles that were never driven, regarding new cement plant being built by CEMEX Colombia, Guinean Minister Charged with Receiving and Laundering Bribes, technique may have allowed Starbucks to unfairly lower its Dutch taxes
Expressing renewed concern about the pace of the recall, which is the largest ever for the U.S. auto industry, are proposing to give automakers at least four years to comply from the time it is finalized and would require automakers to ensure all vehicles "speak the same language through a standard technology
Transaction, valued at $1.8 billion, was reminiscent of trade that led to 2010 'Flash Crash', manipulating more than 2,000 NYSE- and NASDAQ-traded stocks and reaping more than $26 million in profits from their successful trades, Supremes rejects AIG ex-CEO Greenberg's bid to escape civil fraud charges in New York
tip enabled the SEC to bring multiple enforcement actions against wrongdoers, Foreign Corrupt Practices Act, which bars the use of bribes to foreign officials, Goldman Sachs rushed in, hotline for ex-Wells Fargo bankers, signed up bank customers for Prudential insurance without the customers' knowledge
The reversal of AutoNation's decision to not sell new or used vehicles with pending recalls is as disappointing as it is understandable, The problem affects the 2010 through 2014 models of the Chevrolet Tahoe Police Pursuit SUV.
German regulators are investigating whether Porsche illegally manipulated fuel-economy data on its vehicles, potentially opening a new front in parent Volkswagen AG's emissions-cheating scanda
investigating whether computer programmes or an individual triggered October's sterling "flash crash", FCPA makes it a crime to bribe foreign government officials, SEC case involving Wisconsin school districts,accusing several major banks of conspiring to rig silver prices
The largest combined penalty ever levied by European competition authorities, Revisions to the Office of Inspector General's Civil Monetary Penalty Rules, expands whistleblower protections to nearly all contractors and subcontractors for the federal government, specialist who allegedly hacked senior executives at online travel company Expedia and illegally traded on company secrets
nation's largest auto dealership group abandoned its pledge to not sell used vehicles with unrepaired safety recalls, South Korea said it will file criminal complaints against five former and current executives at Volkswagen
The Renault-Nissan alliance is replacing its top executive in charge of combining the carmakers' engines and gearboxes, sources told Reuters, as tightening emissions regulations expose the slow pace of integration so far, collision increased scrutiny of the boat-buses, which have been involved in several deadly crashes
