Former Swiss Bank Executive Pleads Guilty to Role in Billion-Dollar International Money Laundering Scheme Involving Funds Embezzled from Venezuelan State-Owned Oil Company
The former managing director and vice chairman of a Swiss bank, on August 22, pleaded guilty for his role in a billion-dollar international scheme to launder funds embezzled from Venezuelan state-owned oil company Petróleos de Venezuela, S.A. (PDVSA...
Government backs ban on third party sales of puppies and kittens
A ban on third party puppy and kitten sales in England will be introduced to help drive up animal welfare standards, the Environment Secretary Michael Gove announced on August 22.
Federal Court Bars Georgia Tax Return Preparer and Her Business From Preparing Tax Returns and Orders Them to Disgorge Ill-Gotten Gains
A federal court in Atlanta, Georgia entered a permanent injunction against Marjorie St. Jean and MarjorieStjeanLLC, barring them from preparing federal tax returns for others and owning or operating a tax preparation business, the Justice Department...
California Man Claiming to Be a Billionaire Financier Sentenced to More Than Five Years in Prison in Multimillion-Dollar Fraud Scheme
A California man who falsely told investors that he was a billionaire who could access certain financing, including hundreds of millions in cash in an overseas bank account, on August 21, in exchange for up-front fees was sentenced in federal court in...
Post Acute Medical Agrees to Pay More Than $13 Million to Settle Allegations of Kickbacks and Improper Physician Relationships
Post Acute Medical, LLC, a Pennsylvania-based operator of long‑term care and rehabilitation hospitals across the country, and certain affiliated entities through which the company operates its facilities (collectively, “PAM”), have agreed to pay the...
Royal Bank of Scotland Agrees to Pay $4.9 Billion for Financial Crisis-Era Misconduct
The Justice Department on August 14, announced a $4.9 billion settlement with The Royal Bank of Scotland Group plc (RBS) resolving federal civil claims that RBS misled investors in the underwriting and issuing of residential mortgage-backed securities...
Federal Court Bars Florida Tax Return Preparer and his Business From Preparing Tax Returns and Orders Them to Disgorge Ill-Gotten Gains
A federal court in Orlando, Florida entered a permanent injunction against Herve Erilus and Herve Erilus, LLC, barring them from preparing federal tax returns for others and owning or operating a tax preparation business, the Justice Department...
North Carolina Man Sentenced to Prison for Obstructing the IRS
A Monroe, North Carolina resident was sentenced to 18 months in prison for attempting to interfere with the due administration of the Internal Revenue laws, on August 13, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of...
