The Louisiana Supreme Court on Tuesday reinstated former Alabama state legislator John Colvin’s 60-year prison sentence for scheming six Hurricane Katrina victims out of $250,000, saying an appeals court erred when it found a trial court had abused its sentencing discretion.
Ill. state Rep. Derrick Smith, D-Chicago, was arrested Tuesday on a federal bribery charge, accused of accepting a $7,000 cash payment for assisting a day care center he believed was applying for a $50,000 state grant, according to prosecutors.
An Illinois federal jury found BCI Aircraft Leasing Inc. and its CEO Brian Hollnagel guilty on Wednesday of paying a bribe and of running a fraud scheme that prosecutors said pulled in more than $50 million from lenders and investors, but remained hung on charges against the company's managing director.
The U.S. on Tuesday leveled criminal conspiracy charges in New York federal court against two separate Swiss financial advisers for allegedly helping U.S. taxpayers squirrel away more than $200 million in secret offshore accounts, including accounts at UBS AG, Switzerland's biggest bank.
Aircraft maintenance company BizJet International Sales and Support Inc. has agreed to pay a $11.8 million penalty over charges that it violated the Foreign Corrupt Practices Act by bribing Latin American officials for business contracts, the U.S. Department of Justice announced Wednesday.
Broadband Research LLC founder John Kinnucan, who has drawn attention for “vile” calls he made to the FBI and prosecutors, pled not guilty Wednesday to charges that he passed on illegal insider information about SanDisk Corp. and other companies.
A defense contractor, his company and two onetime employees of another contractor were targeted in Alabama with criminal kickback and fraud charges tied to $23 million worth of subcontracts for weapons disposal equipment in Iraq, according to court documents unsealed Tuesday.
A 500-page report detailing how federal prosecutors botched the 2008 corruption case against late Sen. Ted Stevens, R-Alaska, will likely be released Thursday, after the D.C. Circuit declined to delay disclosure of the document Wednesday.
The former president of metal powder supplier ESM Group Inc. pled guilty Tuesday in Buffalo, N.Y., to federal charges that he avoided import duties when he helped smuggle magnesium from China used to make flares for the U.S. Department of Defense.
A Miami-area patient broker pled guilty Tuesday to conspiracy charges for his role in a massive kickbacks scheme that has already landed its organizers in prison and that prosecutors said bilked the government out of $205 million in phony Medicare payments.
Science Applications International Corp. will shell out $500 million — the most a state or city contractor has ever paid in a fraud case — to end federal prosecution over alleged kickbacks that inflated the cost of New York City's CityTime project, prosecutors said Wednesday.
The Fiesta Bowl's former chief executive pled guilty Tuesday in Arizona federal court to one count of conspiracy in connection with a scheme to illegally reimburse ex-employees for campaign donations to politicians, including Arizona's Gov. Jan Brewer, R, and Sen. John McCain, R.
A former Eyak Technology LLC executive pled guilty Tuesday in Washington federal court to bribery and kickbacks charges in a case involving more than $1 billion worth of U.S. Army Corps of Engineers information technology contracts.
A California jury convicted AU Optronics Corp. and two of its executives Tuesday of conspiring with other electronics makers to fix the prices of thin-film transistor liquid crystal display panels, but acquitted the company's CEO and another executive, providing a boost for the U.S. Department of Justice's criminal cartel enforcement efforts.
A Las Vegas couple convicted of orchestrating a mortgage fraud scheme that bilked federally insured banks out of more than $24 million does not deserve a new trial despite a defense witness's abysmal performance on the stand, a Nevada federal judge ruled Monday.
Baseball Hall of Fame pitcher Sandy Koufax and former Manhattan District Attorney Robert Morgenthau could testify for the New York Mets' owners as they fight a lawsuit to keep $303 million they invested with Bernard Madoff, according to witness lists made public Tuesday.
An ex-official of the Haitian government was convicted of money laundering by a Florida federal jury Monday for his role in a scheme by U.S. telephone companies including Terra Telecommunications Corp. to obtain business advantages in Haiti.
British police reportedly arrested former News of the World editor Rebekah Brooks and five others Tuesday in connection with the phone hacking scandal at the defunct newspaper, on suspicion they tampered with evidence or otherwise disrupted the course of justice.
After being halved in New York district court, the Bernard L. Madoff Investment Securities LLC trustee’s $2 billion suit against UBS AG on Monday moved back to bankruptcy court, where the trustee and the bank will fight out the remaining clawback claims.
A Texas federal judge denied Proskauer Rose LLP’s bid to stay proceedings in a class action alleging the firm protected accused Ponzi schemer Robert Allen Stanford's bank, preserving the court’s ability to decide whether to remand the case back to state court.