Westland Water Disctrict which is considered as the country's largest agricultural water supplier was fined by the US SEC. The District allegedly mislead its investors regarding its bond issuance and its inability to pay its bond holders.
A FIFA match agent pleaded guilty to money laundering and wire fraud plot in a New York City court on Tuesday. He admitted that he paid hundreds of thousands of dollars just to secure media and marketing contracts.
The financial industry is putting their efforts to fight an increase in tax fraud. But just recently, its actions are keeping thousands of legitimate filers from having their tax refund.
U.S. justice authorities have issued a new subpoena to Volkswagen over its emissions cheating under laws governing bank fraud, a person close to the matter.
