Italy’s Former Railways Chief Starts 5-Year Jail Term for 2009 Disaster June 29, 2026 The 72-year-old former head of Italy’s state railway company has begun a five-year jail term over a 2009 derailment that...
Founder of Florida Special Needs Trust and Accountant Indicted in $100M Theft June 25, 2025 By Jeff Martin Two Florida men, one a former life insurance broker, have been indicted in what prosecutors describe as a scheme to...
Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse December 9, 2024 By Bob Van Voris A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating...
Former Jacksonville Jaguars Financial Manager Accused of Stealing $22M from Team December 8, 2023 JACKSONVILLE, Fla. (AP) — A former financial manager for the Jacksonville Jaguars has been accused of stealing more than $22...
Washington Startup’s Ex-CFO Accused of Diverting $35M, Losing It in Crypto May 24, 2023 By Gene Johnson The former chief financial officer of a Seattle, Washington-based startup took $35 million of his employer’s money without permission and...
Adidas Sued by Investors Over Broken Ye Partnership May 1, 2023 Adidas AG was sued by investors who claim the German sports giant knew about risks of its partnership with the...
Australia Contractor Downer Faces Class Action Lawsuit for Misreporting on Contract April 3, 2023 Australian contractor Downer said on Monday it faces a shareholder class action for allegedly making some misrepresentations and withholding certain...
Ex-Goldman Banker Faces Insider Trading Trial After Being Cut Off by Bank’s Insurer March 14, 2023 By Greg Farrell A former Goldman Sachs Group Inc. vice president who goes on trial for insider trading in June is scrambling to...
Reuters: After Multi-Billion U.S. Fund Collapse, Allianz Shifts Investment Strategy February 14, 2023 By Tom Sims and John O'Donnell For years, Allianz, one of the world’s biggest investors, piled billions into property, wind farms and even London’s sewage system,...
Ex-Allianz Fund Manager Seeks Dismissal of Fraud Charges February 1, 2023 By Bob Van Voris The former Allianz SE hedge fund manager charged with fraud over billions of dollars in investor losses asked a judge...