corruption

Senior officers from Iran’s Revolutionary Guard have been accused of pilfering approximately $21 million in cryptocurrency while investigating a corruption case. What Happened: The alleged theft took place during a probe into Cryptoland, a digital exchange that was shuttered...

Former Senator Bob Menendez was handed an 11-year prison term for accepting bribes, including gold bars, and foreign agent offenses, in return for political favors on Wednesday. What Happened: U.S. District Judge Sidney Stein pronounced the sentence, following the former democratic senator’s...

Editor’s note: This story has been updated with comments from NetEase. NetEase Inc’s (NASDAQ:NTES) NetEase Games, one of China's leading gaming companies, is facing a corruption scandal. According to reports from Bloomberg Law, the company's General Manager Xiang Lang, along with...

Billionaire and former Glencore CEO Alex Beard charged with corruption in UK along with four others, accused of making corrupt payments in West Africa. A British billionaire who made a fortune while working for a top commodities company was charged with corruption on Thursday. The company...

Sen. Bob Menendez (D-N.J.), who once denounced Bitcoin (CRYPTO: BTC) as an "ideal choice for criminals," was found guilty of accepting bribes in gold and fiat currency during his corruption trial. What Happened: In a press release shared by the Department of Justice Tuesday, Attorney Damian...

In a recent development, the jail sentence of former Malaysian Prime Minister Najib Razak has been halved by the country’s pardons board, potentially leading to his release in 2028. What Happened: The board, chaired by Malaysia’s king, made the decision earlier this week after reviewing...

In what seems to be a mounting legal scandal, Sen. Bob Menendez (D-NJ), who is already under indictment for corruption charges, has been slapped with an additional accusation relating to acting as a foreign agent. What Happened: As reported by Rolling Stone, a new indictment unsealed on Thursday...

Startling revelations from a Credit Suisse Group AG (NYSE: CS) whistleblower has exposed the hidden wealth of the bank’s clients, some of them unsavory.  The leaked data from Credit Suisse, Switzerland’s second-biggest bank, discloses details on more than 30,000 clients. ...

Once viewed as a rising star in the Democratic party, former Massachusetts mayor Jasiel Correia was sentenced to six years in prison on Tuesday after being convicted in May on charges including fraud and extortion of hundreds of thousands of dollars tied to local marijuana businesses. The ex-mayor...

A former executive at Netflix Inc (NASDAQ: NFLX) faces up to 20 years in prison after a jury in San Jose, California, found him guilty of fraud. Michael Kail was Netflix's vice president in charge of internet technology, Fox2 KTVU in the San Francisco area reported. Prosecutors accused Kail of...

Pfizer Inc. (NYSE: PFE) has disclosed in its earnings report that it received an official request for information from the US Securities and Exchange Commission, according to The Wall Street Journal. What Happened: The pharmaceutical company received formal requests regarding its...

A former executive of a Georgia-based medical packaging company has been charged with sabotaging electronic shipping records, which federal investigators claim delayed the delivery of critical personal protective equipment, including masks, gloves and gowns, to healthcare providers amid the...

A bribery scandal in China is forcing GlaxoSmithKline (NYSE: GSK) to review all of its business practices, The Financial Times reported. Four of GlaxoSmithKline's top Chinese executives have been arrested and dozens more questioned in an ongoing corruption investigation. Chinese police allege...