Topic: Accounting fraud

Rio Tinto fined in Australia

The country’s corporate watchdog has fined Anglo-Australian mining company Rio Tinto $750,000 for failing to disclose material information about the value of a Mozambique mining project.

07 March 2022

Swiss chemicals company investigates accounting claims in whistleblower reports

14 February 2022

Former Baker Botts partner joins Foley Hoag

Lynn Neils said she hopes to expand Foley Hoag’s New York office, build a strong white-collar practice and bring in diverse clients.

18 November 2021

DOJ sends query to Boston biotech company

The Department of Justice has sent Ginkgo Bioworks an informal request for information following a critical report from a short seller.

15 November 2021

SFO closes final strands of Watchstone investigation

14 October 2021

Ex-Braskem CEO sentenced to 20 months

A Brooklyn federal judge sentenced the former CEO for participating in a foreign bribery scheme at Brazilian petrochemical company Braskem. His defence team had previously raised concerns about whether the case was time-barred.

12 October 2021

French court confirms Bloomberg punishment for false reporting

The Paris Court of Appeals has upheld a decision by France’s market regulator to penalise US media company Bloomberg for reporting false accounting information about construction company Vinci, but it reduced the fine by €2 million.

17 September 2021

Counsel Watch: French firm guides JPMorgan to multi-million tax settlement and defendants lawyer up in SFO bribery trial

A co-founder of French firm Kiehman & Marembert has helped US investment bank JPMorgan reach a €25 million tax fraud settlement with French prosecutors following a six-year-long investigation.

07 September 2021

Kraft Heinz settles SEC accounting misconduct probe

The US securities regulator has fined food and beverage company Kraft Heinz $62 million for allegedly engaging in a long-running illegal expense management scheme that resulted in several years of false accounting.

03 September 2021

Singapore charges UK national in Wirecard-linked probe

Singaporean police have charged a UK national with allegedly taking part in a fraud scheme at a company with links to collapsed German payment company Wirecard.

02 September 2021

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