corporate crime

The son of Colombia’s president says his father’s election marketing campaign obtained cash of doubtful origin

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BOGOTA, Colombia — The son of Colombian President Gustavo Petro acknowledged Thursday that his father’s 2022 election marketing campaign obtained cash of doubtful origin, in accordance prosecutors investigating the son for alleged illicit enrichment and cash laundering. Nicolás Petro, who was a legislator representing a northern coastal area, agreed to cooperate with prosecutors within the … Read more

Glitches in Japan’s unpopular MyNumber digital ID playing cards draw a flood of complaints

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TOKYO — The minister charged with an overhaul of Japan’s digitized system to assign a quantity to everybody residing within the nation has apologized, as medical doctors protested glitches with medical health insurance and native governments begged Thursday for readability on the best way to deal with the issues. The MyNumber, or “MaiNa” for brief, … Read more

How FTX Reportedly Exploited Some $8.7 Billion in Consumer Funds

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Ever because the ill-fated crypto change FTX went bankrupt final 12 months, proof has been constructing of rampant legal exercise on the a part of the agency’s high executives. A brand new report on the corporate’s funds revealed Monday does nothing to dispel that notion, revealing as a substitute new allegations about how the failed … Read more

Cash laundering trial ends for former Panamanian President Ricardo Martinelli

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The trial of former Panamanian President Ricardo Martinelli and 14 others for alleged cash laundering associated to their buy of a publishing firm concluded Friday, beginning the clock on the 30 days the decide has to subject a verdict FILE – Former Panamanian President Ricardo Martinelli walks in Tocumen Worldwide Airport, adopted by journalists as … Read more

Fb Needs to Block FTC Modifications to $5B Privateness Settlement

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Picture: Buda Mendes (Getty Pictures) Legal professionals for Meta, the father or mother firm of Fb and Instagram, are accusing the Federal Commerce Fee of making an attempt to exert extra energy than the company is granted by legislation. The company is planning to revise its 2020 settlement with Fb over the corporate’s privateness violations, … Read more