Lawsuit Alleges Mets Owner And Partner Made $300 Million Through Madoff Scheme
The owners of the New York Mets are accused of making over $300 million from Bernie Madoff's Ponzi scheme in a lawsuit that was unsealed Friday.
Mets owners scored millions in Madoff scheme: lawsuit
The owners of the New York Mets were accused of reaping $300 million of fictitious profits from Bernard Madoff's record Ponzi scheme, a lawsuit by the trustee seeking money for Madoff's victims said.
Pakistan cricket players charged with cheating, corruption
Three Pakistan cricket team players and an agent will face corruption charges, according to Britain’s the Crown Prosecution Service
CBI arrests ex-telecoms minister Andimuthu Raja
The Central Bureau of Investigation (CBI) on Wednesday arrested former telecoms minister Andimuthu Raja over a massive graft scam, officials said, a huge blow for Prime Minister Manmohan Singh and efforts to pass bills in the parliamentary budget session.
India’s former telecom minister arrested in phone license scandal
The former telecommunications minister of India, A. Raja, has been placed under arrest as part of a probe into a multi-billion corruption investigation.
Jordanians rally against corruption and poverty
Jordanian activists rallied outside government offices Saturday as they tried to step up their campaign to force Prime Minister Samir Rifai to step down.
Global health fund rocked by scandal; Germany suspends payments
The much-admired Global Fund to Fight AIDS, Tuberculosis and Malaria has been rocked by a shocking scandal.
PM Singh to reshuffle cabinet amid graft, inflation
Prime Minister Manmohan Singh will reshuffle his cabinet on Wednesday in a mid-term effort to refresh a coalition government snared by corruption scandals and year-high food inflation as it faces key state elections.
Alcatel-Lucent, subsidiaries settle corruption charges with DOJ for $92 mln
Paris-based telecoms equipment giant Alcatel-Lucent SA and three of its subsidiaries have agreed to pay a combined $92 million penalty to settle a Foreign Corrupt Practices Act (FCPA) investigation into the global sales practice of Alcatel S.A. prior to its 2006 merger with Lucent Technologies Inc.
Defiant Rangel censured by House for ethics violation
Disgraced Rep. Charles Bernard Rangel (D-N.Y.) has been censured by the U.S. House of Representatives for ethics violation but narrowly escaped expulsion.
Indian PM not guilty of inaction in 2G scam, Atty. Gen. tells apex court
Indian Prime Minister Manmohan Singh is not guilty of inaction but was misguided by the Law Ministry and the bureaucrats and hence delayed in filing replies to the complaints of an opposition lawmaker who sought sanction to prosecute 2G spectrum scam accused Andimuthu Raja, the Attorney General of India has submitted before the Supreme Court.
U.S. House will decide Rangel's fate next week
Rep. Charles Rangel (D-N.Y.), who has been found guilty of ethics violations, could become the congressman to be censured since 1983 if the full House of Representatives approves the punishment recommended by the congressional ethics committee.