U.S. Department of Justice
TD Bank to Pay $3 Billion In Historic Money-Laundering Settlement With The Justice Department
WASHINGTON (AP) — TD Bank will pay approximately $3 billion in a historic settlement with U.S. authorities who said Thursday that the financial institution’s lax practices allowed significant money laundering […] read more >
by Associated Press -
Justice Department Accuses RealPage of a Scheme to Help Landlords Hike Rents in Antitrust Lawsuit
The suit alleges the company is violating antitrust laws through its algorithm that landlords use to get recommended rental prices for millions of apartments across the country. read more >
by Associated Press -
Justice Department Says Illegal Monopoly by Ticketmaster and Live Nation Drives Up Prices For Fans
The lawsuit, filed in federal court in Manhattan, was being brought with 30 state and district attorneys general and seeks to break up the monopoly they say is squeezing out smaller promoters and hurting artists. read more >
by Associated Press -
Nippon Steel Delays Closing of Acquisition of US Steel
The U.S. Department of Justice requested more documentation related to the deal. read more >
by Associated Press -
The Great Grift: How Billions in COVID-19 Relief Aid Was Stolen or Wasted
An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent. read more >
by Associated Press -
Walmart to Pay California $500K in Settlement Over Sale of Brass Knuckles
An investigation into the retail giant first started in 2018, when authorities found Walmart was selling and allowing third-party vendors to sell brass knuckles on its website. read more >
by Associated Press -
George’s Inc. to Pay Workers $5.8M in Wage Suppression Case
The Springdale-based chicken producer was accused of conspiring with other poultry companies to keep wages down. read more >
US Sues to Block JetBlue From Buying Spirit Airlines
The Justice Department said the tie-up would especially hurt cost-conscious travelers who depend on Spirit to find cheaper options to JetBlue and other airlines. read more >
by Associated Press -
Bank to Pay $31M Redlining Settlement, Largest in US History
The Justice Department says that between 2017 and 2020, City National avoided marketing and underwriting mortgages in majority Black and Latino neighborhoods in Los Angeles County. read more >
by Associated Press -
Ringleaders in Massive COVID Fraud Extradited to US
Richard Ayvazyan and his wife, Marietta Terabelian, were extradited from the Balkan country of Montenegro, where they were living in a luxury seaside villa before their arrest in February. read more >
by Associated Press -
Judge Blocks Penguin Random House-Simon & Schuster Merger
Penguin Random House quickly condemned the ruling, which it called "an unfortunate setback for readers and authors." In its statement Monday, the publisher said it would seek an expedited appeal. read more >
by Associated Press -
UnitedHealth Closes Roughly $8B Deal for Change Healthcare
The health care giant said that combination will simplify clinical, administrative and payment processes for care providers and bill payers. read more >
by Associated Press -
DOJ Grant to Help Goodwill of Arkansas Expand Re-Entry Program
The grant will help reduce recidivism and promote public safety through job readiness training, job leads and other resources and support. read more >
Feds: 47 Exploited Pandemic to Steal $250M From Food Program
Prosecutors say the defendants created companies that claimed to be offering food to tens of thousands of children across Minnesota, then sought reimbursement for those meals through the U.S. Department of Agriculture's food nutrition programs. read more >
by Associated Press -
Lab Owner Fights His Insurer, And Now a Federal Fraud Case
Facing an $88M fraud charge, lab owner Billy Joe Taylor says he welcomes his day in court. read more >
by Mark Friedman -
Walmart Asks Judge to Toss Opioid Case
Walmart Inc. of Bentonville has asked a federal judge to throw out the Department of Justice’s lawsuit against it over allegations that its pharmacists unlawfully dispensed opioids, fueling the national opioid crisis. read more >
by Mark Friedman -
Crime and Punishment (Gwen Moritz Editor’s Note)
Tracking bitcoin transfers requires high-level expertise in blockchain technology, but knowing that money has been moved from one state-of-the-art safe to another is one thing; getting the money out is another. read more >
by Gwen Moritz -
You Knew It Would Happen (Gwen Moritz Editor’s Note)
Commit this to memory so you can stop being surprised: Wherever there are human beings, there will be waste, fraud and abuse. read more >
by Gwen Moritz -
Fort Smith Still Fixing Sewers While Testing Costly U.S. Decree
Fort Smith is pushing back against a 2015 federal consent decree on sewer upgrades that city officials say could cost ratepayers 2.5% of median household income. read more >
by Kyle Massey -
Schwyhart Creditor Follows the Money
Brian Ferguson pursues claim on assets allegedly hidden by Bill Schwyhart in a once secret settlement. read more >
by George Waldon -
Sign up for Daily E-news
Sign Up
THIS WEEK’S EDITION
This Week’s Stories
View Digital Edition
