The former co-chairman of Hong Kong-listed developer Sun Hung Kai Properties Ltd, Thomas Kwok, was sentenced to five years in jail and a HK$500,000 ($64,440) fine on Tuesday in the city's highest profile graft case.
A former manager and a former computer programmer at Bernard Madoff's firm were sentenced to prison on Tuesday for helping the convicted fraudster run a multi-billion dollar Ponzi scheme.
Five former employees of Bernard Madoff, convicted in March of helping the fund manager bilk investors of billions of dollars in his massive Ponzi scheme, will be sentenced this week, with prosecutors seeking prison terms of up to 20 years.
A former Bank of New York Mellon Corp (BK.N) employee on Friday pleaded guilty to insider trading based on tips from a former Merck & Co Inc (MRK.N) employee about potential pharmaceutical mergers.
Employees suing Apple, Google and two other tech companies over hiring practices said an appeals court should not approve a $324.5 million settlement in the case, according to a court filing on Tuesday.
Former Connecticut Governor John Rowland sought consulting work for two Congressional candidates but wanted to be paid via phony, third-party contracts, the prosecution and a witness said on Wednesday as Rowland's trial on charges of violating campaign finance laws opened.
Two fifth-graders had were held on $100,000 bond each after being charged with conspiracy to commit murder at their school in Washington state in their complicated plot to kill other students.
