Bribery, Fraud & Tax Evasion

Vonage Holdings, the pioneering internet phone company whose shares have fallen 30 per cent since their market debut 10 days ago, has been accused in a class-action lawsuit of violating US securities laws.
If you think the Iraq war hasn't worked out very well for anyone, think again. Defense contractors such as Lockheed are thriving. And no wonder: Here's the story how Lockheed's interests- as opposed to those of the American citizenry- set the course of U.S. policy after 9/11.
A fired partner of auditor Andersen refused to testify to Congress on the destruction of evidence in the collapse of energy giant Enron, prompting lawmakers to say he was frustrating their probe.
Three former executives of the General Reinsurance Corporation and a former executive of American International Group have been indicted on charges that they fraudulently manipulated A.I.G.'s finances in order to mislead analysts and investors, the Justice Department said today.
DaVita, a company that provides health care to patients with kidney problems, has agreed to pay $495 million to settle whistleblower complaints that the company conspired to overcharge the U.S. government. This is in addition to the $400 million that the company had to pay out last year.
As Angolan leader Jose Eduardo Dos Santos wooed President Jacob Zuma this week, some South African companies are furious at having been fleeced out of cash by doing business with the oil-rich country
Fannie Mae's top regulator yesterday said it is "more than likely" the federal government will sue former chief executive Franklin D. Raines and other former company officers, seeking to recover bonuses and salary and perhaps impose fines for the mortgage finance company's accounting debacle.
Fresh from settling a lawsuit over last year's fatal explosion at its Texas City oil refinery, BP looks set to become embroiled in a legal battle in Alaska over royalties paid on oil production in Prudhoe Bay.
NEW YORK -- Bankrupt energy trader Enron Corp. started taking bids Tuesday for 12 assets, including electric utilities and natural gas pipelines, that make up a large portion of Enron's total holdings.
A record $450 million fine for fixing rates at which banks lend to each other has been levied on Barclays bank in the UK, shining a light into how banks set - and manipulate - rates at which $360 trillion in international deposits are loaned out every day.