Tag: fraud
Tech tycoon, defense attorney, and Morgan Stanley banker among those missing in freak yacht sinking
LONDON -- A superyacht that sank Monday off the Sicilian coast during a storm left six passengers missing, including British tech kingpin Mike...
British tech tycoon Mike Lynch was trying to bounce back from HP fraud case before being lost at sea
Tech tycoon Mike Lynch, one of six people missing from a sunken yacht off Sicily, had been trying to move past a Silicon...
Justice Department defends Boeing plea deal against criticism by 737 Max crash victims' families
DALLAS -- The Justice Department is defending a plea deal it struck with Boeing over planes that crashed and killed 346 people, saying...
SEC charges crypto firm NovaTech with fraud
The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over...
Texas launches new investigation into Houston's power utility following deadly outages after Beryl
AUSTIN, Texas -- Texas' attorney general launched an investigation Monday into Houston's electric utility over allegations of fraud and waste following Hurricane Beryl,...
US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case
NEW YORK -- Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a bribe conspiracy case that welled up from from his...