A former SAC Capital Advisors LP portfolio manager avoided prison on Thursday after helping federal authorities win a guilty plea and $1.8 billion in financial penalties from the hedge fund run by billionaire Steven A. Cohen.
Five people accused of running an identity theft ring in the New York City area have been charged in a 394-count indictment with stealing personal information from hundreds of dental patients to buy Apple gift cards.
A U.S. judge on Thursday rejected an agreement by Dutch company Fokker Services B.V. to pay $10.5 million to resolve criminal charges it illegally shipped aircraft parts to Iran, Sudan and Myanmar, describing it as "grossly disproportionate" given the seriousness of the company's actions.
Brazilian federal police said on Thursday they had started questioning João Vaccari Neto, the treasurer of the country's ruling Workers' Party, as a corruption probe focused on state-run oil company Petrobras widened to include political figures.
