Page 46 - Fraud Section News Today

<p><span>A federal jury in the Northern District of Illinois convicted two former precious metals traders at JPMorgan Chase & Co. (JPMorgan) today of fraud, attempted price manipulation, and spoofing in a multi-year market manipulation scheme of precious metals futures contracts that spanned over eight years and involved thousands of unlawful trading sequences.</span></p>

A Chapel Hill resident faces convictions on charges to defraud private health insurers in Miami, the U.S. Department of Justice announced.

WDC Acquisitions LLC d/b/a Wellman Dynamics located in Creston, Iowa, will pay $500,000 to resolve alleged violations of the False Claims Act for failing

A federal jury convicted a North Carolina woman last Thursday for her role in a scheme to defraud several private health insurers by submitting over $34 million in false and fraudulent claims for physical therapy services that were never actually provided.

FCA US LLC (FCA US), formerly Chrysler Group LLC, was sentenced in federal court in Detroit and ordered to pay a fine of $96,145,784 and a forfeiture money judgment of $203,572,892. The court also imposed a three-year term of organizational probation. FCA US had reached an agreement on the terms...

We have not had a This Day in History opening for the FCPA Compliance and Ethics Blog for some time. So not only is one long overdue but a shipwreck which occurred some 66 years ago...

As it continues its focus not just on enforcement, but on compliance, members of the U.S. Department of Justice have foreshadowed a sea change for Chief Executive Officers and Chief...

$32 Million Paid to Date in Civil Settlements  TYLER, Texas – The Department of Justice announced criminal charges against 36 defendants in 13 federal districts across the United States for more than $1.2 billion in alleged fraudulent telemedicine, cardiovascular and cancer genetic testing, and d

The need-to-know legal and practical points surrounding criminal and regulatory enforcement actions against companies in USA, including corporate liability regimes, relevant penalties and key features of compliance programmes.

Before the 2020 election, many predicted that a Biden administration would take a more aggressive approach to enforcement and regulation than President Trump, particularly in the areas...