HSBC Holdings Agrees to Pay More Than $100 Million to Resolve Fraud Charges
Posted 01/19/18
By the C|C Whistleblower Lawyer Team/em
United Kingdom-based global financial services company HSBC Holdings plc entered into a deferred prosecution agreement and agreed to pay a $63.1 million criminal penalty and $38.4 million in disgorgement and restitution to resolve charges that it engaged in a scheme to defraud two bank clients through a multi-million dollar scheme commonly referred to as “front-running.”...
By the C|C Whistleblower Lawyer Team
The DOJ Criminal Division Released its "Fraud Section Year in Review 2017" – The Criminal Division charged 301 individuals, brought in $4.6 billion in corporate U.S. criminal fines, penalties, forfeiture and restitution, and total enforcement action amounts payable to U.S. and foreign authorities amounted to $6.8 billion. 
By the C|C Whistleblower Lawyer Team
Last Thursday, a judge in the Middle District of Florida 
By the C|C Whistleblower Lawyer Team
Georgia eye care provider convicted of criminal fraud—Matilda Lynn Prince, an owner of two eye care clinics, has been convicted of 29 counts of health care fraud for billing Medicare and Medicaid for services that were never provided to patients. Prince had previously been excluded from the Medicare and Medicaid programs, yet continued to own and operate the clinics. She would...
By the C|C Whistleblower Lawyer Team
BlackRock CEO Laurence Fink recently sent a warning 
By the C|C Whistleblower Lawyer Team
Bassett Mirror Company, a Virginia-based home furnishings company, has agreed to pay the United States $10.5 million to resolve allegations it evaded antidumping duties on wooden bedroom furniture imported from the People’s Republic of China over a five year period. Antidumping duties level the playing field for U.S. companies by protecting against foreign companies...