White Collar

By Jack Sharman | White-collar crime, corporate internal investigations, grand jury practice and corporate governance. The whole deal.

Verdict Form Reveals Close Call In Meningitis Murder Case

An unprecedented case ended in a most unusual way: Jurors considering a sweeping indictment against a Massachusetts pharmacist who shipped …

Crime

Throwing Away a Legal Career for $310,000

Would you sell your career for $310,000? It appears that Jeffrey A. Wertkin may have tried to do just that by passing a copy of a sealed whistle-blower complaint against a Silicon Valley company to one of its employees in exchange for that amount.<p>Unfortunately, he never actually got the money …

Right To Vote

Spain's Princess Cristina acquitted in tax fraud trial

King’s sister acquitted, but husband Iñaki Urdangarin given six-year jail sentence on charges including fraud and tax evasion<p>Spain’s Princess Cristina, the sister of King Felipe VI, has been cleared of helping her husband evade taxes after a year-long trial that has further tarnished the image of …

Fraud

South Korea approves arrest of Samsung's leader

The reported ruling reverses last month's decision to not arrest Samsung Vice Chairman Jay Y. Lee for alleged bribery.<p>Samsung's de facto leader may be facing jail time.<p>A South Korean court on Friday (Korea time) approved a warrant for the arrest of Jay Y. Lee, the acting head of Samsung Group, in …

Samsung

UnitedHealth Sued By U.S. Government Over Medicare Charges

The U.S. Justice Department has joined a whistleblower lawsuit against UnitedHealth Group Inc that claims the country's largest health insurer and its units and affiliates overcharged Medicare hundreds of millions of dollars, a law firm representing the whistleblower said on Thursday.<p>"We reject …

Health Care

Panama charges two Mossack Fonseca partners over Brazil link

<b>Prosecutors in Panama have arrested the partners of a law firm involved in last year's Panama Papers scandal in which thousands of documents related to offshore accounts were leaked.</b><p>The arrests are linked to corruption and bribery allegations involving Brazil's construction giant, Odebrecht.<p>The two …

Corruption

The founders of Mossack Fonseca were detained in Panama

PANAMA CITY (Reuters) - The two founders of Panamanian law firm Mossack Fonseca were arrested on Saturday, the attorney general's office said, after both were indicted on charges of money-laundering in a case allegedly tied to a wide-ranging corruption scandal in Brazil.<p>Firm founders Jurgen Mossack …

Corruption

Ex-VW chairman Piech refuses to testify in German emissions inquiry

HAMBURG/BERLIN (Reuters) - Ex-Volkswagen (VOWG_p.DE) Chairman Ferdinand Piech, who resigned after a showdown with former chief executive Martin Winterkorn, has refused to testify to German lawmakers investigating a possible government's role in the VW emissions scandal, according to his …

21st Century

South Korea Prosecutor Resummons Samsung Heir Jay Y. Lee - Bloomberg

A special prosecutor is again questioning Samsung Group’s Jay Y. Lee over allegations including bribery and embezzlement, potentially dealing another …

Samsung

The Right to Hope for Jury Nullification

Jae Lee came to the United States legally as a child but never became a citizen. In 2009, he pled guilty to a drug crime after his lawyer assured him …

Lagarde Case Is ‘Weak,’ French Prosecutor Says, Raising Chances of Acquittal

PARIS — The prosecutor in the trial against Christine Lagarde, the head of the International Monetary Fund, raised the chance that she would be acquitted of criminal charges linked to the misuse of public funds, after he called the case “very weak” on Thursday.<p>Ms. Lagarde stands accused of …

Christine Lagarde

2 Former Drug Executives Charged With Price Fixing

Two former executives at a New Jersey pharmaceutical company were charged with conspiring to fix prices on generic drugs, the Justice Department said Wednesday.<p>Federal prosecutors said Jeffrey Glazer, a former chief executive of Heritage Pharmaceuticals, and Jason Malek, a former president, were …

Lawsuits

The Psychology of White-Collar Criminals

A researcher reflects on conversations with nearly 50 convicted executives about why they did what they did.<p>Two leading executive headhunters once wrote a book called <i>Lessons From the Top: The Search for America’s Best Business Leaders</i> that celebrated 50 titans of industry. Readers were encouraged …

Fraud

Pro-business Sessions will not go easy on corporate crime: lawyers

Jeff Sessions may be known as a pro-business conservative but as U.S. attorney general he is unlikely to shy away from indicting big companies and individuals for serious white-collar crimes, legal experts said, citing his record as a lawmaker.<p>President-elect Donald Trump on Friday named Sessions, …

21st Century

The Art of the Internal Investigation

Michael W. Johnson, chief executive of Clear Law Institute, which provides training to companies on how to conduct internal investigations, speaks about why the best investigators are more reporter than prosecutor, and debunks myths that body language or whether someone looks you in the eye are the …

21st Century

Sentences off the Grid

ET one-day course Presenting Data<br>Northern California, mid-Decemberhttps://t.co/wUcIhSd5ot#UCBerkeley #StanfordUniversity #SJSU #UCSF …

Hexagon CEO says conscience clear over Norwegian insider trading probe

| STOCKHOLM<p>Ola Rollen, chief executive of Swedish technology firm Hexagon (HEXAb.ST), denied wrongdoing on Monday and said his conscience was clear after spending more than a week in custody over Norwegian insider trading allegations.<p>Rollen, who turned Hexagon from a sprawling conglomerate into one …

21st Century

What is written without effort is generally read without pleasure. SAMUEL JOHNSON #amwriting #writing #writingadvice https://t.co/Knub1goL9Z

Ex-sports marketing executive to plead guilty in FIFA bribe case

A former sports marketing executive who was arrested last year in a U.S. corruption probe involving soccer's global governing body FIFA is scheduled to plead guilty on Thursday, according to a court filing.<p>The plea by Aaron Davidson, who headed the Miami-based unit of Brazilian sports marketing …

21st Century

Man pleads guilty to fraud in Chicago schools bribery case

CHICAGO (AP) — The owner of two education-services companies has pleaded guilty to offering bribes and kickbacks to the former head of Chicago Public Schools.<p>Federal prosecutors on Tuesday said Gary Solomon entered into a plea agreement admitting he offered former school district CEO Barbara …

Fraud

The Shadowy Line Between Friendly Sales Pitch and Deception

When a friend or business acquaintance pitches an investment as a surefire winner, there can be a question about when that cajoling crosses over from mere sales talk to fraud. A recent case in Texas involving the state’s attorney general, Ken Paxton, shows finding that line can be difficult.<p>The …

Fraud

Labor Board Challenges Secrecy in Wall Street Contracts

On Wall Street, moneymaking companies have long relied on confidentiality agreements to prevent employees from divulging their secrets.<p>But now, the nation’s labor board has challenged some provisions in the contracts that Bridgewater Associates, the world’s biggest hedge fund firm, requires each …

Wall Street

Manhattan U.S. Attorney Expected to Name Defense Lawyer to Lead Criminal Unit

Preet Bharara is adding a “tornado” to his team, a lawyer whose nickname stems from her experience in the courtroom.<p>Mr. Bharara, the United States attorney in Manhattan, is expected to select Lisa Zornberg as the new head of his criminal division, according to two people briefed on the plans. Ms. …

Corruption

Ex-CFO at REIT formerly controlled by Nicholas Schorsch indicted

Former CFO Brian S. Block is being charged with overstating financial performance at American Realty Capital Properties Inc., now known as Vereit.</b> …

The Weed Industry Now Has Its Own White-Collar Crime - Vice

<b>Get the VICE App on iOS and Android</b><p>The weed industry is getting to know a time-honored tradition of the American business world: corporate fraud.<p>Federal prosecutors in Colorado last week charged the men behind FusionPharm, a publicly traded hydroponic marijuana farming company, with securities …

Cannabis