All articles tagged with #corporate crime
A Google software engineer allegedly used confidential company information to place a string of bets on the Polymarket prediction market, earning about $1.2 million, according to a DOJ criminal complaint; the account involved was named AlphaRacoon.
The U.S. has dropped fraud charges against Gautam Adani, chairman of the Adani Group, effectively ending the criminal investigation and shifting focus to regulatory and market implications for the conglomerate.
Boeing whistleblower John Barnett was found dead in his truck at a hotel in Charleston, South Carolina after a break in depositions in a whistleblower retaliation lawsuit. Barnett, who had been with Boeing for almost three decades, had been speaking out about production issues and alleged pressure to bypass procedures at Boeing's plant in Charleston. His lawyer reported that Barnett was found dead from an "alleged" self-inflicted gunshot, raising questions and concerns about the circumstances surrounding his death.
eBay Inc. has agreed to pay a $3 million criminal penalty for a 2019 harassment and intimidation campaign targeting a Massachusetts couple in retaliation for their online coverage of eBay, and for obstructing the investigation that followed. The company admitted to the conduct and will be required to retain an independent corporate compliance monitor for three years and make extensive enhancements to its compliance program. Seven former eBay employees or contractors have been convicted, with the ringleader sentenced to 57 months in federal prison.