Reported by Jonathan Ames US justice officials — led by Breon Peace, a US attorney for the eastern district of New York, and Nicole Argentieri, a deputy assistant attorney-general — said that over three years, Berko was part a team at the bank that was responsible for securing and managing a deal between its client, a […]
Reported by Tracey Tully and Benjamin Weiser Senator Robert Menendez’s sister testified on Monday about their parents’ journey from Cuba and the family’s practice of storing cash at home, offering justification for a habit he has said explains at least some of the roughly $480,000 F.B.I. agents seized during a search of his New Jersey home. The […]
Reported by Adam Liptak The Supreme Court seemed ready on Monday to limit the reach of a federal statute that makes it a crime for state and local officials, along with institutions that receive federal money, to accept gifts and payments meant to influence or reward their actions. In a lively argument studded with hypothetical questions about […]
Reported by William Bredderman The six-figure gig Sen. Bob Menendez’s wife landed with an Egypt-linked COVID-19 lab, and the millions of dollars of testing business it did in their home state of New Jersey, were “a direct outgrowth” of the sprawling international bribery scheme engulfing the pair, according to court filings by the Department of Justice—filings that […]
Reported by Charles P. Pierce Say you’re the mayor of a small Indiana city. Your salary is, oh, say, $62,000 per annum. But you’re overextended. Plus, your business has failed. Plus, the IRS is after you. Plus, it’s Christmastime. So you go to a local manufacturing concern to which you’ve previously thrown a couple city […]
Reported by Alan Feuer and Natalie Kitroeff American law enforcement officials spent years looking into allegations that allies of Mexico’s president, Andrés Manuel López Obrador, met with and took millions of dollars from drug cartels after he took office, according to U.S. records and three people familiar with the matter. The inquiry, which has not […]
Reported by Rebecca R. Ruiz and Tariq Panja Nearly a decade after police officers marched world soccer officials out of a luxury hotel in Zurich at dawn, revealing a corruption scandalthat shook the world’s most popular sport, the case is at risk of falling apart. The dramatic turnabout comes over questions of whether American prosecutors […]
Reported by Vivian Nereim and Tariq Panja When Senator Robert Menendez arrived in Qatar in 2022 to attend the country’s lavish production of the men’s soccer World Cup, he gave an unusual interview to the authoritarian government’s news agency praising the progress that Qatar had made on labor rights. The tiny Gulf state was facing […]
Reported by Peter I. Altman, Michael A. Asaro, James Joseph Benjamin Jr., Brian T. Daly, Anne M. Evans, Katherine R. Goldstein, Claudius B. Modesti, Parvin Daphne Moyne, Douglas A. Rappaport, and Lillian Jordan Rand While it took a few decades to surface, the fact pattern set forth in the movie “Trading Places” has finally come […]
Reported by Scilla Alecci and Brenda Medina The United States has become a destination for the proceeds of environmental crimes, undermining global moves to stem illicit financial flows and combat the climate crisis, according to a new report by a prominent anti-corruption advocacy group. The report by the Financial Accountability and Corporate Transparency (FACT) Coalition, […]
Financial Crime News Briefs 