Goldman Sachs is about to reach a $5.1 billion settlement with the US government over charges that, along with other banks in 2006-2008, it had falsely advertised residential mortgaged backed securities (RMBS) as safe investments to millions of investors and other financial cilents.
Kindred Healthcare Inc. and its subsidiary company, RehabCare, has reached a $125 million settlement on alleged therapy overbilling.
A legal brawl is expected to occur between the Commonwealth Bank agaisnt the alleged fraud victims who strongly declared the unlawful practices of one of the nation's biggest lender.
Rudy Kurniawan was sentenced 10 years in prison for selling counterfeit wine. He then submitted an appeal to the US court but was rejected.
