AI, machine learning may modernize the hunt for dirty cash
Fintract says the technologies can create more efficient and effective ways of doing business for enforcement agencies.
Airbus nears settlements with US, UK, France over fraud, bribery cases
Details of how much it could pay to settle the cases were not released, but it could reach billions of euros.
Greed drove former SNC exec’s alleged fraud, corruption scheme: Crown
Prosecution is trying to prove SNC-Lavalin used $113 million to pay people who collected money and helped secure contracts in Libya.
Seafood fraud common in Canada’s cities: Oceana Canada study
Results combined with previous investigations found 47% of the 472 fish samples were mislabelled in six Canadian cities.
Judge rules SNC-Lavalin headed to trial on charges of fraud, corruption
Accused of paying $47.7 million in bribes to public officials in Libya between 2001 and 2011.
Tesla names new board chair in settlement with regulators
Australian telecommunications executive Robyn Denholm has taken over.
Trump asserts Russia not targeting US, contradicting intel
Asked in Cabinet meeting if Russian hackers were still targeting the US and president answered “no”.
Lawyer for alleged SNC fraud defendant wants stay of proceedings
Says his client has waited longer than he should have for his trial since his April 2013 arrest.
Obsidian Energy settles with US Securities Commission over fraud charges
Will pay $8.5 million to resolve the issue stemming from when the company was called Penn West.
Calgary businessman sentenced to five years for defrauding oil and gas company
Ian Wilson Fisher was charged in 2015 with billing false invoices worth close to $5 million.
Former potato chip exec sentenced to four years for $1.4M fraud
Received $651,000 in kickbacks as a purchasing director at Utz Quality foods.
Canadian CEO loses bids to avoid extradition to US on fraud charges
Charges stem from a now-cancelled contract involving armoured vehicles destined for Iraq.
French court upholds 4-year sentence for fake breast implants
Company founder guilty of aggravated fraud over implants sold worldwide from 2001 to 2010.
Sweden looking at fraud in Volkswagen investigation
Prosecutors launch criminal investigation related to emissions scandal
Fraud found in China’s anti counterfeiting industry
Investigations faked by private firms hired by western companies; threatens consumer safety