Two Chinese hackers Zhu Hua (ę±å), aka Afwar, aka CVNX, aka Alayos, aka Godkiller; and Zhang Shilong (å¼ å£«é¾), aka Baobeilong, aka Zhang Jianguo, aka Atreexp, both nationals of the Peopleās Republic of China (China), were charged with conspiracy to commit computer intrusions, conspiracy to commit wire fraud, and aggravated identity theft according...
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Category: Whistleblower Cases
British national whistleblower who leaked info on Russian oligarch may soon be deported from Australia including wife and kids
A British national Nick Stride, who rendered information to an American journalist in 2-14, exposing Igor Shuvalovās story may soon be deported along with his family from Australia according to SBS news. https://www.sbs.com.au/news/australia-reportedly-set-to-deport-kremlin-whistleblower-and-family Stride was a glazing expert hired as a contractor by Shuvalov, to work on a palace near Moscow in 2006. He...
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Fiat Chrysler Automobiles agrees to pay $800 million to settle fraudulent diesel software test emissions charges
Car maker Fiat Chrysler Automobiles (FCA) has agreed to pay $800 million to settle charges over the illegal diesel software that produced fraudulent emissions-test results. It has agreed to pay US$311 million in civil penalties to national and Californian regulators, US$280 million in ownersā claims and another US$105 million in extended warranty reserves....
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U.S. increasingly vulnerable to Chinese espionage for electronics and software made in China sold in U.S. new study says
A Chinese company, Sinovel Wind Group Co., has been ordered to pay American SuperConducter Inc. (AMSC) $57.5 million after being convicted of multiple charges regarding the theft of proprietary software. This theft resulted in substantial losses for AMSC, including $800 million in revenue and $1 billion in stock market value. Today, the...
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Department of Justice collects over $2.8 Billion from False Claims Act whistleblower cases in 2018
The Department of Justice collected more than $2.8 billion in settlements and judgments from civil cases involving fraud and false claims against the government in the fiscal year ending Sept.Ā 30, 2018, Principal Deputy Associate Attorney General Jesse Panuccio and Assistant Attorney General Jody Hunt of the Department of Justiceās Civil Division announced...
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Chinese export companies rush to build factories in other countries including Cambodia and Vietnam to evade U.S. trade tariffs
Chinaās key export companies are pushing to build and expand their factories overseas, in Cambodia and Vietnam, according to Epoch Times and other media sources. One of them, KingClean Electric Co. is a company that creates cleaning appliances and garden tools and it says its overseas business accounted for 67 percent, according to...
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Wells Fargo to pay Massachusetts $6 million over fraudulent client accounts and deceptive referrals for insurances
Wells Fargo Bank N.A. (Wells Fargo) will pay over $6 million to Massachusetts to resolve allegations that it violated state consumer protection laws by using various unfair and deceptive practices against customers, Attorney General Maura Healey announced today.
This settlement, with Massachusetts and attorneys general from 50 states and...
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JP Morgan Chase pays $135 million to settle SEC claims of improper handling of transactions on foreign company shares
JP Morgan Chase will pay $135 million to settle claims that it improperly handled thousands of transactions involving foreign companies' shares. JPMorgan improperly provided American depositary receipts for foreign shares that weren't in the bank's custody. This resulted in an improper inflation of the actual number of a foreign company's tradable shares, the Securities...
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Plantronics Inc. Polycom unit pays $36 million to settle China bribes charges
Plantronics Inc's Polycom unit, will pay $36 million in penalties to settle claims of bribery charges relating to Chinese officials.
The maker of communications products said that the misconduct had occurred before Plantronics' acquisition of Polycom in July, and before Polycom went private in 2016. Polycom's Chinese subsidiary had...
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The top 5 healthcare fraud settlements in the U.S. in 2018 totalling $2.5 Billion
U.S. Healthcare companies paid the bulk of all False Claims Act whistleblower settlements in 2018 accounting for $2.5 billion. These came from drug and medical device manufacturers, managed care providers, hospitals, pharmacies, hospice care organizations, hospitals, pharmacies, and laboratories.
The five largest settlements in 2018 are:
AmericourseBergen Corp and some subsidiaries paid $625 million to...
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