Brazilian President Dilma Rousseff will replace the chief executive and other senior managers at state-run oil company Petrobras this month in an effort to turn the page on a widening corruption scandal, Bloomberg reports.
The Consumer Financial Protection Bureau has begun proceedings against PHH Corporation for its involvement in a 15-year-long mortgage insurance kickback scheme that collected hundreds of millions of dollars from homeowners.
Like the other inmates who fight for survival inside Pavilion Six, the crowded, disease-ridden building reserved for foreigners at Panama’s notorious La Joya prison, Arthur Porter scrounges for food and fends off rats. But that’s about all he has in common with the local population, mainly drug traffickers and the odd killer.
Former Luzerne County (Pennsylvania) Judge Mark Ciavarella has been spending his time doing odd jobs for a car towing service while he awaited sentencing since being found guilty on felony corruption charges. ??Well his painting days are over and 61 year old judge is heading to federal prison for 28 years?a life sentence. His sentencing ...
Sanofi SA (ADR) (NYSE:SNY) has found itself caught in a whistleblower lawsuit, where a former employee is accusing the company of funneling $34 million in kickbacks and incentive payments to various doctors and pharmacies, influencing them to prescribe its diabetes drug portfolio. The whistleblower claims that the recently ousted CEO Chris Viehbacher, along with other executives, was running the illegal scheme.