Search Results for: SDNY

The leader of one of the largest cocaine distributors in the world Wednesday pleaded guilty to running a criminal enterprise and drug trafficking charges. Dairo Antonio Úsuga David, also known as “Otoniel,” pleaded guilty to running a continuing criminal enterprise under 21 USC §848. While the charge carries a maximum term of life imprisonment, as [...]

US federal law enforcement Monday arrested Charles McGonigal, a former FBI Special Agent in charge of the New York Field Office. McGonigal, along with former Soviet diplomat-turned-US citizen Sergey Shestakov, face five counts of US sanction violations, money laundering, and false statements from taking money from Russian oligarch Oleg Deripaska. Federal prosecutors claimed that Deripaska, [...]

Edward Mullins, the former union President of the Sergeants Benevolence Association (SBA), Thursday pled guilty to one count of wire fraud for defrauding the SBA of $600,000. Mullins served as the president of the fifth-largest police union in the nation for nearly two decades since he first won election in 2002. Per his plea order, [...]

The US Department of Labor’s Occupational Safety and Health Administration (OSHA) Wednesday cited three Amazon facilities for violations of the Occupational Safety and Health Act (OSH Act). The facilities were cited for failing to provide a safe, non-hazardous environment for employees.  These citations were disclosed at a press conference held by US Attorney for the [...]

Ex-CEO of crypto company FTX Sam Bankman-Fried Tuesday pleaded not guilty to criminal charges including wire fraud, conspiracy, money laundering and election finance violations. In light of his bond release, Bankman-Fried also requested on Tuesday that his bail be modified to ensure that his bail suretors’ identities are redacted. The motion was challenged by news [...]

Samuel Bankman-Fried Monday agreed to extradition to the US to face civil and criminal charges, his lawyer told local Bahamian news outlets. Bankman is currently being held in Fox Hill Prison, Bahamas and was denied bail due to posing a flight risk. Bankman-Fried’s lawyer Jerone Roberts told Eyewitness News Bahamas that his client volunteered for [...]

The United States Monday filed a lawsuit against Cigna Corporation in the US District Court for the Middle District of Tennessee for allegedly providing false patient diagnoses to receive increased Medicare payments in violation of the False Claims Act. The defendants include Cigna and its various state companies. The complaint alleges that, while processing home [...]

Trevor Milton, founder of automotive manufacturer Nikola Corp., on Friday was convicted of fraud following his misrepresentations and lies regarding the company’s technology. Milton made multiple representations regarding the technologies of his zero-emissions trucking business. Alongside other issues, a jury found that he lied about the costs of using hydrogen fuel as energy which he [...]

The US Department of Justice (DOJ) Thursday unsealed the indicted of four individuals for sanctions evasion, obstruction of justice and making false statements to Homeland Security. Russian oligarch Oleg Deripaska faces one count of conspiring to violate sanctions. His partner Ekaterina Voronina faces one count of making false statements to federal agents. Deripaska’s business associate [...]

The Security and Exchange Commission (SEC) Monday filed charges against former US congressman Stephen Buyer for insider trading. The SEC’s complaint states that when “Buyer left Congress in 2011 and set up a consulting company called the Steve Buyer Group,” in both 2018 and 2019 Buyer used material non-public information from two clients “to trade securities [...]