Tag: Region US

LONDON (AP) — Deutsche Bank has agreed to pay $75 million to settle a lawsuit claiming that the German lender should have seen evidence of sex trafficking by Jeffrey Epstein when he was a client, according to lawyers for women who say they were abused by the late financier. A woman only identified as Jane Doe sued the bank in…

The US is attacking Chinese companies and scientists as part of its efforts to foil the technological development of other countries, Chinese Foreign Ministry spokesman Wang Wenbin claimed on Wednesday.  During his regular press conference, Wang argued that the Disruptive Technology Strike Force set up by the US Justice Department (DOJ) in February was designed to “abuse export control regimes.” …

Turkish Interior Minister Suleyman Soylu accused the US of using the western media to manipulate the outcome of the upcoming presidential and parliamentary elections in Turkiye. “The plan by the US intensifies actively. The reason of [the] Western media’s interference is the realization of the US’s plan,” Soylu told reporters. In the months leading up to the14 May elections, several…

WASHINGTON —Indian authorities have arrested Vivek Raghuvanshi, a defense journalist and longtime correspondent for Defense News, and accused him of espionage, according to reports in the Indian press. Raghuvanshi’s arrest drew a condemnation from Sightline Media Group, the publisher of Defense News and Military Times. “We call for the immediate release of freelance reporter Vivek Raghuvanshi following his arrest in…

  WASHINGTON — The U.S. Department of Defense asked Congress to authorize the transfer of nuclear-powered submarines to Australia as part of the trilateral AUKUS agreement with the U.K. Three legislative proposals, submitted on May 2 and first posted online Tuesday, would greenlight the sale of two Virginia-class submarines to Australia, permit the training of Australian nationals for submarine work…

President Joe Biden canceled his trips to Papua New Guinea and Australia next week to continue debt ceiling talks with congressional leaders that he held Tuesday at the White House. White House press secretary Karine Jean-Pierre said in a statement that the president would to return to Washington on Sunday, following the Group of Seven summit in Hiroshima, Japan, “in…

U.S. law enforcement officials on Tuesday announced a series of criminal cases exposing efforts by Russia, China and Iran to steal sensitive U.S. technologies. The five cases, which spanned a wide range of protected U.S. technologies, were brought by a new “strike force” created earlier this year to deter foreign adversaries from obtaining advanced U.S. innovation. “These charges demonstrate the…

The roughly 30-page report detailed what lawmakers say are various companies and financial records tied to family members of Mr Biden, including his son, Hunter Biden, and daughter-in-law, Hallie Biden.

It contains records of bank transactions, obtained through subpoena, that Republican lawmakers say are linked to Romania and China.

The bank records show the receipt of money from a foreign company connected to Gabriel Popoviciu, who was prosecuted for corruption in Romania, reports the New York Times.

“We believe that the president has been involved in this from the very beginning. Obviously, we’re going to continue to look,” Mr Comer told reporters Wednesday.

The Kentucky lawmaker also acknowledged there had been “a pattern for a long time” of questionable financial dealings by relatives of presidents from both parties.

  NEW ORLEANS (AP) — Legal arguments over women’s access to a drug used in the most common method of abortion move to a federal appeals court in New Orleans on Wednesday, in a case challenging a Food and Drug Administration decision made more than two decades ago. The closely watched case is likely to wind up at the Supreme…

The charges describe schemes to steal computer programming or sensitive materials that could benefit militaries of hostile foreign countries. The alleged recipients of the technology were Russia, China and Iran, according to charging documents. WASHINGTON – A Greek national allegedly buying technology for the Russian military and intelligence services. A Chinese citizen allegedly stealing thousands of documents from Apple related…

Apple’s App Store team prevented more than $2 billion in transactions tagged as potentially fraudulent and blocked almost 1.7 million app submissions for privacy, security, and content policy violations in 2022. As part of its ongoing efforts to fend off account fraud, the company also terminated 428,000 developer accounts for potentially fraudulent activity, deactivated 282 million fraudulent customer accounts, and blocked…

In October, reports indicated that the FBI believed it had enough evidence to charge Hunter Biden with tax crimes. The Justice Department reportedly ordered the team’s removal, according to the New York Post. An IRS criminal supervisory special agent came forward to Congress in April seeking whistleblower protection to share with lawmakers information that allegedly showed the investigation into potential…

On March 1, 2023, the Department of Justice (“DOJ”) and the Securities and Exchange Commission (“SEC”) demonstrated continued interest in investigating insider trading by company executives who possess material non-public information when they unsealed an indictment and filed a civil complaint, respectively, in the Central District of California. Though a Rule 10b5-1 plan—an investment device…… Continue Reading
The post Rule 10b5-1 Application and Enforcement appeared first on Global Investigations & Compliance Review.

  One of the largest pharmacy service providers in the United States has confirmed that hackers accessed the personal data of almost six million patients. PharMerica operates over 2,500 facilities across the U.S. and offers more than 3,100 pharmacy and healthcare programs. In a data breach notification filed with Maine’s attorney general, PharMerica said it learned of suspicious activity on…

SAN FRANCISCO – Wells Fargo & Co agreed to pay US$1 billion (S$1.3 billion) to settle a shareholder lawsuit that accused it of making misleading statements about its compliance with United States consent orders, following the 2016 scandal involving the opening of unauthorised customer accounts. The settlement is one of the top six largest securities class-action settlements of the past…

WASHINGTON – The FBI lacked “actual evidence” to investigate Donald Trump’s 2016 presidential campaign and relied too heavily on tips provided by Trump’s political opponents to fuel the probe, US Special Counsel John Durham concluded in a report released on Monday.

The report marks the end of a four-year probe launched in May 2019 when then-Attorney General William Barr appointed Durham, a veteran prosecutor, to probe potential missteps by the FBI when it launched its early stage “Crossfire Hurricane” inquiry into potential contacts between Donald Trump’s 2016 presidential campaign and Russia.

That Crossfire Hurricane investigation would later be handed over to Special Counsel Robert Mueller, who in March 2019 concluded there was no evidence of a criminal conspiracy between Trump’s 2016 campaign and Russia.

In his new 306-page report, Durham concluded that US intelligence and law enforcement did not possess any “actual evidence” of collusion between Trump’s campaign and Russia prior to launching Crossfire Hurricane.

He also accused the bureau of treating the 2016 Trump probe differently from other politically sensitive investigations, including several involving Trump’s Democratic rival Hillary Clinton.