When I travel to Moscow I stay in the Arbat. It is quiet, clean and close to my office, so I mostly avoid the horrendous traffic.
Thomas Kwok, one of Asia's richest men, was convicted Friday of conspiring to bribe Hong Kong's former number two official.
The former treasurer of the City of Detroit and two former pension officials were convicted by a federal jury of conspiring to defraud retirees through bribery and kickbacks.
A former Countrywide Financial vice president who filed a False Claims Act lawsuit alleging fraudulent mortgage and securities practices is collecting $57 million from Bank of America's $16.65 billion federal penalty.
The former chief executive officer and an ex-managing director of U.S. broker-dealer Direct Access Partners LLC pleaded guilty Wednesday to bribing an official of a state-owned Venezuelan bank in exchange for bond trading business.
A China subsidiary of Avon Products Inc. pleaded guilty Wednesday in federal court in Manhattan to one count of conspiring to violate the Foreign Corrupt Practices Act. It will pay a $67.7 million criminal fine and the Avon parent will enter into a three-year deferred prosecution and appoint a compliance monitor.
An oil and gas services firm based in Scotland was fined £170,000 ($267,000) after admitting that a former Kazakhstan-based employee paid bribes to win work.
Ian Foxley was six months into his new job overseeing a $3.5 billion supply contract between the UK Ministry of Defense (MoD) and Saudi Arabia’s National Guard, when he noticed that a procurement document requiring his signature included $2.5 million in strange, additional charges.
Kenyan authorities arrested 77 Chinese nationals for allegedly operating a cybercrime command center capable of disrupting the country’s communication and financial systems.