Category: enforcement archive

The former comptroller general of Ecuador was sentenced today to 10 years in prison for his role in a multimillion-dollar international bribery and money laundering scheme in which he received over $10 million in bribes and laundered those bribes payments in South Florida. According to court documents and evidence presented at trial, between 2010 to 2015, Carlos Ramon Polit Faggioni, 73, solicited and received over $10 million in bribe payments from Odebrecht S.A., the Brazil-based construction conglomerate. Polit, in his position…

NEW YORK (Reuters) – Former cryptocurrency executive Caroline Ellison is set to be sentenced on Tuesday for her role in her imprisoned former boyfriend Sam Bankman-Fried’s theft of about $8 billion in customer funds from the now-bankrupt FTX exchange he founded. Ellison has pleaded guilty to seven felony counts of fraud and conspiracy, and testified as a prosecution witness in the trial of Bankman-Fried, who was convicted of fraud and other charges last year and is serving a 25-year prison…

Israeli soldiers have raided the Al Jazeera office in the occupied West Bank and ordered the bureau to shut down amid a widening campaign targeting the Doha-based broadcaster. Al Jazeera aired footage of Israeli troops storming its bureau in Ramallah on Sunday and ordering the office to be shut for 45 days. This follows an order issued in May that saw Israeli police raid Al Jazeera’s premises in occupied East Jerusalem, seizing equipment, preventing its broadcasts in Israel and blocking…

US settles with billionaire Carl Icahn for using company to secure personal loans worth billions Billionaire Carl Icahn and his company were charged by U.S. regulators with failing to disclose personal loans worth billions of dollars that were secured using securities of Icahn Enterprises as collateral. Icahn Enterprises and Icahn have agreed to pay $1.5 million and $500,000 in civil penalties, respectively, to settle the charges, the Securities and Exchange Commission said Monday. The agency said that from at least…

Eric Adams, New York City’s mayor, has never shied away from his ties to people with checkered pasts. He has defended mentoring a Rolls-Royce-driving bishop with a rap sheet, appointing a friend implicated in a past corruption probe as a top aide in his administration, and dining and partying with felons. […] Now, America’s biggest metropolis faces a political meltdown. Questions about the company Adams keeps have […] engulfed his administration. Homes of several high-ranking city officials were raided this…

NEW YORK (AP) — The top legal adviser to New York City Mayor Eric Adams resigned abruptly over the weekend, the latest sign of instability in the Democrat’s administration as it deals with multiple federal investigations. City Hall announced Lisa Zornberg’s departure late Saturday night. She had advised Adams and other city officials on legal strategy for over a year and often parried legal questions from the press on his behalf. She was not his personal lawyer. “It has been…

Panamanian authorities deported a group of migrants to Ecuador on a second flight financed by the United States, as part of an agreement between the U.S. and Panama to discourage irregular crossings and reduce the flow of mostly U.S.-bound migration.The flight carrying 30 Ecuadoreans departed on Thursday evening en route to the coastal city of Manta, Ecuador, Panama’s migration service said, adding the migrants were deported for evading a migration checkpoint on the popular Darien Gap route. Thousands of people…

The founder and chief executive officer of the messaging service Telegram was detained at a Paris airport on an arrest warrant alleging his platform has been used for money laundering, drug trafficking and other offences, French media reported Sunday. Pavel Durov, a dual citizen of France and Russia, was arrested at Paris-Le Bourget Airport on Saturday evening after landing in France from Azerbaijan, according to broadcasters LCI and TF1. Investigators from the National Anti-Fraud Office, attached to the French customs…

The following article is from a Russian news source, Tass, which is controlled by the Russian Government. NEW YORK, August 26. /TASS/. French authorities have ‘crossed a red line’ after they decided to detain Telegram messenger founder Pavel Durov, Chris Pavlovski, the CEO of Rumble online video platform, said on Monday. “France has threatened Rumble, and now they have crossed a red line by arresting Telegram’s CEO, Pavel Durov, reportedly for not censoring speech,” Pavlovski wrote on his X social…

On July 9, Turkish aviation authorities banned a Boeing 777F cargo plane of Ethiopian Airlines from flying through its airspace en route to Armenia, reports Armenian publication Hetq. The publication states that the plane had departed from Liège, Belgium, and, after flying through the airspace of several European countries, was supposed to enter Turkish airspace from Bulgaria. However, without receiving permission from the Turkish side, the plane made an intermediate landing in Vienna and returned to Liège. The Civil Aviation…

ZURICH (Reuters) – Switzerland has expanded its sanctions against Russia to include additional measures recently taken up by the European Union against Moscow over its ongoing aggression against Ukraine, the Swiss government said on Tuesday. Pointing to a package of measures adopted by the EU against Russia on June 24, the Swiss economy ministry said in a statement that it would impose sanctions within its jurisdiction on a further 69 individuals and 86 entities. These sanctions mainly target “businesspersons, propagandists,…

(Reuters) – Similac baby formula maker Abbott is expected to face a trial on Monday over claims that its formula for preterm infants used in neonatal intensive care units causes a potentially deadly bowel disease, the second trial out of hundreds of similar lawsuits in the United States. Lawyers for the company and for Illinois resident Margo Gill will make their opening statements to jurors in St. Louis, Missouri, and the trial is expected to last most of the rest…

A judge declared a mistrial in the murder trial of Karen Read, the Massachusetts woman accused of drunkenly driving into her police officer boyfriend and leaving him to die in January 2022, in a case featuring accusations of a vast police cover-up and investigative misconduct. And the state trooper who helped lead the investigation – a man who admitted on the stand that he’d sent sexist and offensive text messages about the defendant to friends – was relieved of duty…

Russia’s state financial watchdog Rosfinmonitoring has added journalist Artyom Kriger to its list of “terrorists and extremists,” his employer SOTAvision reported on Thursday. Russia’s state financial watchdog Rosfinmonitoring has added journalist Artyom Kriger to its list of “terrorists and extremists,” his employer SOTAvisionreported on Thursday. Kriger, 23, was arrested last week on charges related to the “extremism” case against late Kremlin critic Alexei Navalny, according to SOTAvision, an independent news outlet. The journalist was accused of “participation in an extremist…

Wikileaks founder, publisher, journalist and DiEM25 founding member, Julian Assange, will reportedly enter into a plea deal with the United States prosecutors and be sentenced with time served.