Lindsay's Feed
Aug 24, 2015

Justice Dept hits back at U.S. Senator Menendez in court filings

WASHINGTON (Reuters) – Lawyers for the U.S. Justice
Department on Monday filed a stinging rebuke to U.S. Senator
Robert Menendez’s bid to have political corruption charges
against him dismissed.

Menendez, a New Jersey Democrat and former chairman of the
Senate Foreign Relations Committee, was indicted in April for
bribery, accused of accepting up to $1 million worth of lavish
gifts from Salomon Melgen, a Florida ophthalmologist, in
exchange for political favors.

Aug 12, 2015

U.S. government appeals judge’s ruling over 2008 AIG bailout

WASHINGTON (Reuters) – The United States filed an appeal on
Wednesday against a U.S. judge’s ruling in June that sided with
former American International Group chief executive Maurice
“Hank” Greenberg on a legal claim over the company’s 2008
bailout.

A judge in the Court of Federal Claims in Washington, D.C.
found that the U.S. Federal Reserve exceeded its authority in
the insurer’s bailout, and the government had been expected to
appeal in order to preserve a robust shield against legal
challenges to their responses in future financial crises.

Aug 5, 2015

Fugitive drug lord ‘Chapo’ Guzman likely still in Mexico: DEA chief

WASHINGTON (Reuters) – The U.S. government believes fugitive Mexican drug kingpin Joaquin “El Chapo” Guzman is still in Mexico, and federal agents are working with Mexican authorities on his recapture, the acting head of the U.S. Drug Enforcement Administration said on Wednesday.

“Where is he probably the safest and best protected? Probably Sinaloa,” Chuck Rosenberg said in a briefing with reporters, in reference to Guzman’s home state where he built up his powerful drug cartel.

Aug 5, 2015

Fugitive drug lord ‘Chapo’ Guzman likely still in Mexico – U.S. DEA chief

WASHINGTON (Reuters) – The U.S. government believes fugitive Mexican drug kingpin Joaquin “El Chapo” Guzman is still in Mexico, and federal agents are working with Mexican authorities on his recapture, the acting head of the U.S. Drug Enforcement Administration said on Wednesday.

“Where is he probably the safest and best protected? Probably Sinaloa,” Chuck Rosenberg said in a briefing with reporters, in reference to Guzman’s home state where he built up his powerful drug cartel.

Jul 23, 2015

Two more Swiss banks strike deals with U.S. over tax evasion

WASHINGTON (Reuters) – Two more Swiss banks will pay
penalties to the United States as part of settlements that mean
they will not face criminal charges for helping Americans avoid
taxes, U.S. authorities said on Thursday.

SB Saanen Bank AG will pay nearly $1.4 million and
Privatbank Bellerive AG will pay $57,000, the U.S. Justice
Department said.

Jul 17, 2015

New Jersey company to pay $17.1 million fine to settle bribery charges

WASHINGTON (Reuters) – Louis Berger International Inc, a
New-Jersey-based construction management company, will pay a
$17.1 million criminal fine to resolve charges that it bribed
officials to win government contracts abroad, the U.S. Justice
Department said on Friday.

Two former executives also pleaded guilty to charges brought
under the Foreign and Corrupt Practices Act, the department
said.

Jul 16, 2015

Three more Swiss banks settle with United States over tax probes

WASHINGTON (Reuters) – Three more Swiss banks will pay penalties to the United States as part of deals that mean they will not face criminal charges for helping Americans avoid taxes.

Mercantil Bank (Schweiz) AG will pay $1.172 million, Banque Cantonale Neuch√Ęteloise[BCNEU.UL] will pay $1.123 million and Nidwaldner Kantonalbank will pay $856,000, the U.S. Justice Department said on Thursday.

Jul 14, 2015

Honda’s U.S. auto finance arm to pay $24 mln over loan pricing problems

WASHINGTON (Reuters) – A U.S. auto finance arm of Honda
Motor Co will pay $24 million in restitution over
allegations that its loan pricing practices caused minority
customers to pay higher interest rates than white borrowers did,
U.S. regulators said on Tuesday.

The U.S. Consumer Financial Protection Bureau and Department
of Justice said American Honda Finance Corp also would change
its pricing and compensation system to reduce the potential for
discrimination.

Jul 10, 2015

Suspected Charleston shooter could buy gun due to background check mix-up: FBI

WASHINGTON (Reuters) – The suspect in the shootings of nine black churchgoers in Charleston, South Carolina, was erroneously able to buy a gun due to a mix-up in a background check which should have revealed an admission of drug possession, Federal Bureau of Investigation Director James Comey said on Friday.

The examiner of suspect Dylann Roof’s federal background check did not see a police report in which Roof admitted to drug possession, which would have barred him from buying the weapon, Comey told reporters at a briefing.

Jul 9, 2015

Banque Pasche, Arvest Privatbank settle with U.S. under Swiss bank program

By Lindsay Dunsmuir

(Reuters) – Banque Pasche SA and Arvest Privatbank AG will pay penalties to the United States as part of settlements that mean they will not face criminal charges for helping Americans avoid taxes, becoming the latest Swiss banks to resolve tax evasion probes.

Banque Pasche SA will pay $7.229 million and Arvest Privatbank AG $1.044 million in penalties to the United States,