Corporate crime

FILE - In this Sept. 16, 2019 photo, McGregor Scott, U.S. Attorney for the Eastern District of California, stands next to a 1967 Ford Shelby GT 500, that was seized along with other cars by the federal government that are now housed in a warehouse in Woodland, Calif. Two employees of a defunct San Francisco Bay Area solar energy company pleaded guilty Tuesday, Oct. 22, 2019, to participating in what federal prosecutors say was a massive $2.5 billion fraud scheme that defrauded investors of $1 billion. It’s the largest single-owner car collection ever auctioned by the U.S. Marshals Service, with vehicles to be auctioned off on Wednesday. (Randy Pench/The Sacramento Bee via AP)
October 22, 2019 - 10:55 pm
SACRAMENTO, Calif. (AP) — Two employees of a San Francisco Bay Area solar energy company pleaded guilty Tuesday to participating in what federal prosecutors say was a massive scheme that defrauded investors of $1 billion. While the company's owners have not been charged, they agreed to let the...
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FILE - In this Sept. 18, 2019, file photo California Attorney General Xavier Becerra, right, speaks next to Gov. Gavin Newsom during a news conference in Sacramento, Calif. Newsom requested Monday, Oct. 21, 2019, that state Becerra investigate whether the retail gasoline industry is engaging in false advertising or price fixing to charge drivers more at the pump. (AP Photo/Rich Pedroncelli, File)
October 21, 2019 - 8:39 pm
SACRAMENTO, Calif. (AP) — California's governor has asked the attorney general to investigate why the state's gas prices are so high, pointing to a new report suggesting big oil companies are "misleading and overcharging customers" by as much as $1 per gallon. Name brand retailers — including 76,...
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FILE - In this Sept. 12, 2019 file photo, U.S. Rep. Chris Collins, R-N.Y., speaks to reporters as he leaves the courthouse after a pretrial hearing in his insider-trading case, in New York. Collins is resigning from his seat ahead of an expected guilty plea in an insider trading case in which he was accused of leaking confidential information during an urgent phone call made from a White House picnic. Collins submitted a resignation letter Monday, Sept. 30, 2019 according to a spokesman for House Speaker Nancy Pelosi. It will take effect when Congress meets in a brief session on Tuesday. (AP Photo/Seth Wenig, File)
October 01, 2019 - 9:48 am
NEW YORK (AP) — Former U.S. Rep. Chris Collins is scheduled to appear before a federal judge for an expected guilty plea in an insider trading case. Congress made the New York Republican's resignation official Tuesday morning, hours before a planned 3 p.m. appearance before a federal judge in...
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US attorney David Anderson announces criminal spy charges against a San Francisco Bay Area tour operator Xuehua Edward Peng Monday, Sept. 30, 2019, in San Francisco. Xuehua Edward Peng, who operates tours for Chinese students and visitors, was charged with being an illegal foreign agent and delivering classified U.S. national security information to officials in China, U.S. government officials announced Monday. (AP Photo/Janie Har)
September 30, 2019 - 8:20 pm
SAN FRANCISCO (AP) — A California tour operator charged by U.S. officials with illegally ferrying information to China was a quiet and friendly man with a taste for luxury cars, a neighbor said. Xuehua Edward Peng, 56, of Hayward was charged in documents unsealed Monday with being an illegal...
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FILE - In this Sept. 12, 2019 file photo, U.S. Rep. Chris Collins, R-N.Y., speaks to reporters as he leaves the courthouse after a pretrial hearing in his insider-trading case, in New York. Collins is resigning from his seat ahead of an expected guilty plea in an insider trading case in which he was accused of leaking confidential information during an urgent phone call made from a White House picnic. Collins submitted a resignation letter Monday, Sept. 30, 2019 according to a spokesman for House Speaker Nancy Pelosi. It will take effect when Congress meets in a brief session on Tuesday. (AP Photo/Seth Wenig, File)
September 30, 2019 - 2:24 pm
NEW YORK (AP) — Rep. Chris Collins, a Republican congressman from western New York, is resigning from his seat ahead of an expected guilty plea in an insider trading case in which he was accused of leaking confidential information during an urgent phone call made from a White House picnic. Collins...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Fiat Chrysler has agreed to pay $40 million to settle a complaint by securities regulators that it misled investors by overstating monthly sales numbers. (AP Photo/Antonio Calanni, File)
September 27, 2019 - 1:54 pm
DETROIT (AP) — Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period. The Italian-American company inflated sales by paying dealers to report fake numbers from 2012 to...
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September 24, 2019 - 6:53 pm
NEW YORK (AP) — Data-measurement firm Comscore has settled fraud charges with the Securities and Exchange Commission and will pay a $5 million penalty. Its former CEO, Serge Matta, will also pay $700,000 and give Comscore back $2.1 million from his pay and sales of company stock. He is also barred...
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FILE - In this May 23, 2019, file photo former Nissan chairman Carlos Ghosn, center, arrives at Tokyo District Court for a pre-trial meeting in Tokyo. Nissan has agreed to pay $15 million and its former chairman Carlos Ghosn is paying $1 million to settle federal regulators' civil fraud charges of hiding from investors more than $140 million in compensation and retirement benefits for Ghosn. (Ren Onuma/Kyodo News via AP, File)
September 23, 2019 - 8:03 pm
WASHINGTON (AP) — Nissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle allegations by U.S. regulators that they hid more than $140 million of Ghosn's retirement benefits from investors. The Securities and Exchange Commission announced Monday the settlement of...
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House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., leads his panel to approve guidelines for impeachment investigation hearings on President Donald Trump, on Capitol Hill in Washington, Thursday, Sept. 12, 2019. (AP Photo/J. Scott Applewhite)
September 13, 2019 - 5:40 pm
WASHINGTON (AP) — Lawmakers investigating the market dominance of Big Tech on Friday asked Google, Facebook, Amazon and Apple for a broad range of documents, marking a step forward in Congress' bipartisan probe of the companies. Letters went out to the four companies from the leaders of the House...
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September 12, 2019 - 8:43 am
BRUSSELS (AP) — The European Union is prolonging sanctions against scores of Russian and Crimean officials as well as companies and groups accused of undermining Ukraine's sovereignty and independence. EU headquarters said in a statement Wednesday that asset freezes and travel bans against 170...
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