Crime/Legal Action
- Tech
Kaseya Gets Tool to Unlock Data After Ransomware Attack
The technology provider at the center of a ransomware attack this month said it obtained a tool to unlock data…
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View: Is Brussels taking dirty money seriously?
Preventing and combating money laundering and terrorist financing has been on the EU’s agenda for more than 30 years. The…
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British Man Arrested on Charges Stemming From Last Year’s Twitter Hack
WASHINGTON—A 22-year-old British man was arrested Wednesday in Spain on charges related to last year’s hack of Twitter that led…
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Judge rules that Indiana University can require COVID-19 vaccinations for students, employees
INDIANAPOLIS (AP) — Indiana University can require its roughly 90,000 students and 40,000 employees to get vaccinated for COVID-19 under…
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China Compromised U.S. Pipelines in Decade-Old Cyberattack, U.S. Says
WASHINGTON—Hackers working for the Chinese government compromised more than a dozen U.S. pipeline operators nearly a decade ago, the Biden…
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Apollo’s billionaire co-founder Leon Black comments on allegations of abuse
Leon Black, the billionaire co-founder of Apollo Global Management, submitted a detailed response on 19 July to a lawsuit that accused…
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Biden Administration Blames Hackers Tied to China for Microsoft Cyberattack Spree
WASHINGTON—The Biden administration publicly blamed hackers affiliated with China’s main intelligence service for a far-reaching cyberattack on Microsoft Corp. email…
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Lawmakers and accountants lobby for solid crypto accounting rules
Accountants and lawmakers are urging standard-setters to fill a void and write concrete rules telling companies how to account for…
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Banks should do more to combat online scams that spiked during pandemic
Banks are not doing enough to combat the spike in online scams and frauds that followed the coronavirus lockdown, the…
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Linklaters hits back at sexual harassment claims as employment tribunal begins
A barrister representing City law firm Linklaters and one of its former senior staff members has denied accusations at an…
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Ex-Linklaters tech head denies sexually harassing junior contractor
The former head of law firm Linklaters’ technology business has told an employment tribunal he did not sexually harass a…
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Reuters photographer killed as Afghan forces fight Taliban
Afghan government forces battled Friday to retake a border crossing with Pakistan from Taliban insurgents, and the Reuters news agency…
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View: Why Google needs to step up to stop investment scams
Where do you find your investments? Chances are that, if you’re reading this, you’re a professional and don’t need to…
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FCA suspects insider dealing in almost 25% of activity in 2020
The Financial Conduct Authority found examples of possible insider dealing in 21.9% of the activity it monitored in 2020, up from 17.5%…
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Bitcoin scam ads run rampant as UK watchdogs battle marketing fraud
Bitcoin is the most popular way for online scammers to target Brits with fraudulent marketing, exclusive new figures show. Approximately 95%…
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London police seize cryptocurrency worth £180m in largest-ever UK raid
Police in London have seized cryptocurrency worth nearly £180m in the UK’s largest-ever raid of crypto assets. The Metropolitan Police…
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Police open probe as three England players who missed penalties in loss to Italy face racist abuse
LONDON (AP) — British police opened investigations Monday into the racist abuse of three Black players who missed penalties in…
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EU to combat scourge of money laundering with new agency
The European Union is set to propose the creation of a new anti-money-laundering agency with direct powers to supervise financial…
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City firms to bolster cybersecurity spending due to shift to hybrid working
The pace of moving to hybrid working due to the global pandemic has triggered a surge in cybersecurity spending among…
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Ex-JPMorgan trader wins employment tribunal over spoofing dismissal
JPMorgan has lost an employment tribunal after a former trader claimed he was unfairly dismissed by the investment bank. Bradley Jones —…
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Robinhood’s crypto unit provisions for $10m fine over cyber, money-laundering breaches
The cryptocurrency brokerage of Robinhood Markets expects to pay New York regulators a penalty of at least $10m for allegedly…
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Bank watchdogs want top City firms to start measuring diversity with strict metrics
Financial services firms should be required to link pay to metrics on diversity and inclusion and make those at the…
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Nationwide reviews crypto policy as UK banks crack down on Binance
Nationwide is reviewing its policy on customers dabbling in cryptocurrencies, making the high street lender the latest in a slew…
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Ransomware Group’s Attack Likely Hits Thousands of New Targets
The ransomware group that collected an $11 million payment from meat producer JBS SA about a month ago has begun…
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U.S. Supreme Court upholds voting restrictions put in place by Arizona Republicans
WASHINGTON (AP) — The Supreme Court on Thursday upheld voting restrictions in Arizona in a decision that could make it…
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Kevin McCarthy said to have threatened fellow House Republicans over joining Jan. 6 select committee
WASHINGTON (AP) — The House of Representatives launched a new investigation of the Jan. 6 Capitol insurrection on Wednesday, approving…
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Bitcoin’s self-proclaimed creator defends London court victory over crypto copyright
Craig Wright, the British computer scientist who claims to have created bitcoin, says a victory in the UK High Court over the copyright…
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Linklaters sexual harassment case hears closing arguments
A London employment tribunal has heard closing arguments in the claim of a former contractor at Magic Circle law firm…
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Attention turns to top House Republican Kevin McCarthy after vote to launch select-committee probe of Jan. 6
WASHINGTON (AP) — The House launched a new investigation of the Jan. 6 Capitol insurrection on Wednesday, approving a special…
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Bill Cosby sex-assault conviction overturned by Pennsylvania Supreme Court
PHILADELPHIA (AP) — Pennsylvania’s highest court overturned Bill Cosby’s sex assault conviction Wednesday after finding an agreement with a previous…
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Four more bodies found in Florida condo rubble; at least 16 dead
SURFSIDE, Florida (AP) — The bodies of four additional victims have been found in the rubble of a collapsed condo…
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KPMG faces fine in excess of £15m for ‘grave misconduct’ over Silentnight private equity sale
KPMG is facing a fine in excess of £15m for its “grave misconduct” in relation to the sale of mattress…
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KPMG hits back at claims it ran ‘dishonest defence’ in Silentnight tribunal
A barrister for KPMG has denied the Big Four audit firm deliberately put forward a “dishonest defence” to misconduct claims…
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Former Deutsche Bank trader gets prison for manipulating metals pricing
A former Deutsche Bank AG futures trader convicted of manipulating gold and silver prices was sentenced on 21 June to one…
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KPMG says Silentnight pensioners were not harmed by its misconduct
A lawyer for KPMG has denied that pensioners from mattress company Silentnight were harmed because of misconduct by one of…
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Antivirus pioneer John McAfee found dead in Spanish prison cell
Antivirus entrepreneur John McAfee has been found dead in a prison cell in Spain. A Spanish court on 23 June…
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Tom Hayes’ appeal hopes mount as criminal commission calls talks ‘productive’
The Criminal Cases Review Commission has confirmed it is close to issuing a decision on whether to refer convicted Libor…
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Deutsche Bank shakes up compliance teams
Deutsche Bank is making changes to its anti-financial crimes and compliance teams following years of regulatory scrutiny and enforcement actions,…
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Judge dismisses Facebook antitrust suit brought by FTC
A federal court on Monday dismissed the Federal Trade Commission’s antitrust lawsuit against Facebook Inc. FB, +4.18% that would have…
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London police seize £114m in cryptos amid money laundering investigation
Police have seized a cryptocurrency hoard worth £114m while investigating money laundering offences, in what is the UK’s largest seizure…
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