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Elizabeth Holmes, convicted of 4 counts of felony fraud in January 2022 – three counts of wire fraud, and one of conspiracy to commit wire fraud for misleading investors on the biotech company Theranos, a diagnostics company claiming to be able to perform multianalyte clinical chemistry using unsound liquid-handling tech. Company results were ...
New York v. Trump is a civil investigation and lawsuit by the office of the New York Attorney General alleging that individuals and business entities within the Trump Organization engaged in financial fraud by presenting vastly disparate property values to potential lenders and tax officials, in violation of New York Executive Law § 63(12).
Peregrine Systems [8] [10] corporate executives convicted of accounting fraud; Phar-Mor [8] company lied to shareholders. CEO was eventually sentenced to prison for fraud and the company eventually became bankrupt; Qwest Communications [10] RadioShack CEO David Edmondson lied about attaining a B.A. degree from Pacific Coast Baptist College in ...
The case began in August 2018 when 10 individuals were indicted in connection to a business that U.S. attorneys said was selling counterfeit Apple and Samsung phones. Retrial ends in Idaho family ...
Here’s a quick highlight reel of key dates from cases I’ve followed: —May 2023: Frank founder Charlie Javice charged with $175 million fraud —May 2023: Theranos founder Elizabeth Holmes ...
The Court considered another case, Feehan et al. v. Wisconsin Elections Commission et al., though in December 2020 Sidney Powell filed an emergency petition with the United States Supreme Court seeking an extraordinary writ of mandamus for intervention in the case. The petition was denied without comment on March 1, 2021, ending the matter.
A 2022 report by the Association of Certified Fraud Examiners found government accounts for 18% of occupational fraud cases, with local government making up 25% of those cases. The median loss to ...
The Punjab National Bank Fraud Case relates to fraudulent letter of undertaking worth ₹12,000 crore (US$1.4 billion) issued by the Punjab National Bank at its Brady House branch in Fort, Mumbai; making Punjab National Bank liable for the amount. [1] The fraud was allegedly organized by jeweller and designer Nirav Modi.