DoJ

DOJ Seeks Jail Time for Ex-Wells Fargo Exec Over Fake Accounts
DOJ Seeks Jail Time for Ex-Wells Fargo Exec Over Fake Accounts
September 03, 2023  |  Legal

Federal prosecutors want Wells Fargo’s former retail banking head to spend time behind bars. Carrie Tolstedt agreed earlier this year to plead guilty to obstructing an investigation...

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America’s New Merger Rules Could Add Months to Process
America’s New Merger Rules Could Add Months to Process
July 09, 2023  |  Regulation

Proposed regulations for mergers and acquisitions could add months to the deals process. That’s according to antitrust lawyer Kara Kuritz, who spoke with Seeking Alpha...

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Google Ad Business Accused of Breaking EU Antitrust Laws
Google Ad Business Accused of Breaking EU Antitrust Laws
June 14, 2023  |  ANTITRUST

Google is once again facing allegations that its ad business constitutes a monopoly. The European Commission (EC) on Wednesday (June 14) announced that a preliminary...

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Report: Binance Exec Controlled US Affiliate’s Accounts
Report: Binance Exec Controlled US Affiliate’s Accounts
June 05, 2023  |  Cryptocurrency

Despite claims the companies are separate, cryptocurrency giant Binance reportedly controlled accounts at its American affiliate. That’s according to a Monday (June 5) report by...

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DOJ: Las Vegas Man Charged in $45 Million CoinDeal Scheme
DOJ: Las Vegas Man Charged in $45 Million CoinDeal Scheme
May 19, 2023  |  Security & Fraud

Another person has been charged for allegedly participating in the multimillion-dollar CoinDeal investment fraud scheme that was announced in January. Bryan Lee, 57, of Las...

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DOJ Investigates Binance for Russia Sanction Violations
DOJ Investigates Binance for Russia Sanction Violations
May 07, 2023  |  Cryptocurrency

Federal authorities are reportedly probing whether cryptocurrency exchange Binance violated U.S. sanctions against Russia. The U.S. Justice Department’s investigation centers on whether the company was...

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Former Apple Buyer Sentenced to Prison for $17 Million Fraud
Former Apple Buyer Sentenced to Prison for $17 Million Fraud
April 28, 2023  |  Security & Fraud

A former Apple buyer has been sentenced to three years in prison for defrauding the company of $17 million. Dhirendra Prasad of Mountain House, California, who was...

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Former MoviePass Executive Charged with Wire Fraud and Money Laundering
Former MoviePass Executive Charged with Wire Fraud and Money Laundering
February 24, 2023  |  Security & Fraud

A former executive at MoviePass was charged with wire fraud and money laundering for allegedly taking money to pay for a party at Coachella. Khalid...

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Justice Department Steps Up Apple Antitrust Probe
Justice Department Steps Up Apple Antitrust Probe
February 15, 2023  |  ANTITRUST

A federal investigation targeting Apple is reportedly escalating amid a wave of corporate antitrust actions. While the U.S. Justice Department probe into the iPhone maker is a...

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