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Corporate crime

Aftermarket Warranty Company CarShield To Pay $10 Million To Settle Misleading Advertising Charges

by Nevil Nickel
Aftermarket Warranty Company CarShield To Pay  Million To Settle Misleading Advertising Charges

Photo: mphillips007 (Getty Images) If aftermarket warranty company CarShield ripped you off, we have some good news: It just settled with the Federal Trade Commission over charges that its ads …

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Fifth Third Bank Fined $20 Million Over Bogus Fees, Car Repossessions

by Nevil Nickel
Fifth Third Bank Fined  Million Over Bogus Fees, Car Repossessions

Image: Allstate Insurance No, the bankers weren’t donning ski masks, using screwdrivers to break windows, or hotwiring cars to skive off with them in the middle of the night. But …

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French left-wing shock victory, Boeing guilty plea

by Merchant Moller
French left-wing shock victory, Boeing guilty plea

Traders work on the floor of the New York Stock Exchange, June 14, 2023. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets …

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Justice Department charges nearly 200 people in $2.7 billion health care fraud schemes crackdown

by Margaret Jenner
Justice Department charges nearly 200 people in .7 billion health care fraud schemes crackdown

WASHINGTON — Nearly 200 people have been charged in a sweeping nationwide crackdown on health care fraud schemes with false claims topping $2.7 billion, the Justice Department said on Thursday. …

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Tennessee turns over probe into failed Graceland sale to federal authorities, report says

by Jeff Dinwiddie
Tennessee turns over probe into failed Graceland sale to federal authorities, report says

MEMPHIS, Tenn. — The Tennessee attorney general’s office said Tuesday that it has turned over its investigation into the failed sale of Elvis Presley’s home Graceland at a foreclosure auction …

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Executives of telehealth company accused of fraud that gave easy access to addictive Adderall drug

by Margaret Jenner
Executives of telehealth company accused of fraud that gave easy access to addictive Adderall drug

LOS ANGELES — Top executives of a California-based online mental health company were arrested on allegations of improperly prescribing addictive stimulants like Adderall during the coronavirus pandemic and exacerbating the …

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Ozy Media went from buzzy to belly-up. Its founder, Carlos Watson, is now on trial

by Jeff Dinwiddie
Ozy Media went from buzzy to belly-up. Its founder, Carlos Watson, is now on trial

NEW YORK — For nearly a decade, Ozy Media projected an image of new-media success. The company boasted big-name interviews, an Emmy-winning TV show, a buzzy music and ideas festival …

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Tennessee attorney general looking into attempt to sell Graceland in foreclosure auction

by Jeff Dinwiddie
Tennessee attorney general looking into attempt to sell Graceland in foreclosure auction

MEMPHIS, Tenn. — Tennessee’s attorney general said Thursday that his office is looking into a company’s attempt to sell Elvis Presley’s home Graceland at a foreclosure auction, a move that …

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Former Las Vegas casino executive to be sentenced in bookmaking money laundering case

by Jeff Dinwiddie
Former Las Vegas casino executive to be sentenced in bookmaking money laundering case

LOS ANGELES — A former top executive for major Las Vegas casinos was set to appear before a federal judge on Wednesday after admitting he allowed an illegal bookmaker to …

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Inside the final prison verdict on an epic crypto CEO rivalry

by Sipho Sepamla
Inside the final prison verdict on an epic crypto CEO rivalry

Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. Mike Segar | Reuters | Benjamin Girette | Bloomberg | Getty …

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