LaToya Cantrell is accused of ‘defrauding’ the city, paying Jeffrey Vappie as if he were on duty while on trips and trysts. The mayor of New Orleans has been indicted on conspiracy, fraud and obstruction charges by a federal grand jury after a long-running investigation. The charges released on Friday against LaToya Cantrell were based … Read more
German police officer among those held in raids against the ‘Ndrangheta over sales of expensive food and equipment. German and Italian authorities have arrested dozens of suspects, including a policeman, in raids against the ‘Ndrangheta criminal organisation over fraud involving the sale of expensive food and pizza-making equipment. The ‘Ndrangheta is considered Italy’s wealthiest and … Read more
Truong My Lan’s life could still be spared if she pays back three-quarters of the assets she embezzled. A Vietnamese court has rejected a real estate tycoon’s appeal, upholding the death sentence handed down for the embezzlement of $12bn. The court in Ho Chi Minh City ruled against Truong My Lan’s appeal in the case, … Read more
Prosecutors have called for a prison sentence of four years and nine months for the manager for failing to declare earnings of 1 million euros. Spanish prosecutors have called for Real Madrid coach Carlo Ancelotti to be jailed for four years and nine months for allegedly failing to declare earnings to the tax office. Prosecutors … Read more
(Reuters) – Ukraine’s SBU security service said on Saturday it had uncovered a corruption scheme in the purchase of arms by the country’s military totalling the equivalent of about $40 million. The announcement of mass procurement fraud, confirmed by Ukraine’s Defence Ministry, will have a huge resonance in a country beleaguered by Russia’s nearly two-year-old … Read more
Bankman-Fried faces up to 110 years behind bars following guilty verdict. Former crypto tycoon Sam Bankman-Fried has been found guilty on all charges after orchestrating what authorities have described as one of the biggest financial frauds in US history. A jury convicted Bankman-Fried, the founder of cryptocurrency exchange FTX, on seven counts of fraud, embezzlement … Read more