Category: Crime

NEW YORK – Terraform Labs and its co-founder Do Kwon will pay US$4.47 billion (S$6 billion) to resolve a US Securities and Exchange Commission (SEC) lawsuit over the company’s 2022 collapse, which wiped out US$40 billion in investor assets and shook the cryptocurrency world. The SEC on June 12 asked a federal judge in New York to approve the settlement….

The lead manager in a funds scandal that led to a $6bn settlement between Germany’s Allianz and US authorities has pleaded guilty to investment adviser fraud, two years after two other managers pleaded guilty for their roles in the scheme. The scandal at one of its US asset management units rocked Allianz, one of the world’s biggest insurance groups, casting…

It was the first time a former U.S. president was ever tried or convicted in a criminal case, and was the first of Trump’s four indictments to reach trial. Prosecutors accused Trump of falsifying internal business records to cover up hush money payments tied to an alleged scheme to bury stories that might torpedo his 2016 White House bid. At…

BOSTON – Magellan Diagnostics, Inc., a medical device company headquartered in Billerica, Mass., has agreed to resolve criminal charges relating to its concealment of a device malfunction that produced inaccurately low lead test results for potentially tens of thousands of children and other patients.  As part of the criminal resolution, Magellan will plead guilty to violations of the federal Food, Drug and Cosmetics…

Video: Reaction is pouring in from the decision by the ICC chief prosecutor to seek arrest warrants against Israeli Prime Minister Benjamin Netanyahu and his defence minister Yoav Gallant. They’re accused of war crimes and crimes against humanity alongside three senior Hamas leaders.

TBILISI — As Georgian protesters – who numbered in the tens of thousands on May 11 – prepared for another mass rally in central Tbilisi, government officials vowed to arrest demonstrators who attempt to block the parliament building ahead of discussions on the controversial “foreign agent” bill that has been condemned by the United States, the EU, and others. Opposition…

NEW DELHI: Canadian PM Justin Trudeau said on Saturday that Canada is a “rule-of-law country” following the arrest of three Indian nationals in a case linked to killing of pro-Khalistan separatist Hardeep Singh Nijjar, a designated a terrorist by India. “This is important because Canada is a rule-of-law country with a strong and independent justice system, as well as a…

A whistleblower who accused a Boeing supplier of ignoring manufacturing defects on the 737 Max died on Tuesday. The former Spirit AeroSystems employee Josh Dean, 45, died after contracting a sudden illness, according to reports by family members on social media, The Seattle Times reported on Wednesday. Josh’s aunt, Carol Parsons, told the outlet that Dean went to the hospital…

European lawmakers have approved a resolution that calls for the “immediate and unconditional release” of all political prisoners held in Russia, including journalists Alsu Kurmasheva and Evan Gershkovich. The resolution was part of a joint motion in the European Parliament on April 25, condemning Russia’s “undemocratic” presidential election last month and their “illegitimate extension” to territories inside Ukraine that Moscow…

BERLIN (AP) — A man who works for a German lawmaker in the European Parliament has been arrested on suspicion of spying for China, German prosecutors said Tuesday. The suspect, identified only as Jian G. in line with German privacy rules, was arrested Monday in Dresden, federal prosecutors said in a statement. They said that he has worked for a…

Attorneys representing quadruple murder suspect Bryan C. Kohberger claim one expert’s testimony may prove the defendant was nowhere near the scene of the crime. On Wednesday, April 17, 2024, Public Defender Anne C. Taylor filed a legal notice in Latah County, Idaho, stating the defense’s intent to call Sy Ray, an expert in cell site location information (C.S.L.I.), to the…

NEW DELHI: In a harrowing turn of events, Danielle Cherakiyah Johnson, identified as an astrologer and influencer known as “Ayoka,” allegedly perpetrated a series of violent acts that resulted in the death of her infant daughter. Authorities disclosed that Johnson, 34, fatally stabbed her partner, Jaelen Allen Chaney, before throwing her two children from a moving SUV onto a Los…

  The trial of 27 people opened Monday in Panama from charges stemming from the Panama Papers, a cache of millions of financial documents that exposed money laundering and worldwide tax evasion networks. Among those on trial are the owners of the Mossack-Fonseca law firm, the company that was central to the 2016 massive document leak, which detailed how the…

A unit of defunct lender Credit Suisse will seek to overturn an order to pay US$743 million (S$1 billion) to a billionaire client over the actions of a notorious rogue banker at Singapore’s top court on April 8. The sum was awarded after a lower court earlier ruled that the bank’s trust had failed to safeguard the assets of Bidzina…

NEW DELHI: A 28-year-old man identified as Nicholas Metson, from Shuttleworth House in Lincoln, stabbed his wife, Holly Bramley to death, cut her body into more than 200 pieces and dumps her remains in a river days later, with the help of a friend, Joshua Hancock. Nicholas pleaded guilty to the murder of his wife, whose body was found dismembered…

NEW YORK – An executive at a Swiss holding company did not get prison time for participating in a scheme to help US taxpayers hide more than US$60 million (S$81 million) in assets in a fraudulent arrangement known as the “Singapore Solution”. Daniel Walchli, 56, pleaded guilty in 2023 to a single count of conspiracy to defraud the United States…