Nikola Corp. founder Trevor Milton outside federal court after being sentenced to four years in prison. (Photo: Matthew Lee/Inner City Press)
The Trevor Milton fraud trial heads for jury deliberations Friday following invective-tinged final arguments.
Big companies are finding it increasingly difficult to make big deals that can get regulatory approval in the U.S. and other countries.
ndicted Nikola Corp. founder dropped his attempt to move his criminal trial out of New York and sold more stock as trial date was reset to July.
Nikola’s founder sells another large chunk of his holdings in the electric truck startup that wants him to reimburse an expected $125 million SEC fine.
Troubled electric pickup truck maker Lordstown Motors reportedly is the subject of a Justice Department probe, according to multiple media reports.
The Justice Department said joint logistics operations among five American medical supply distributors to provide protective medical gear to virus hot spots does not violate antitrust law.
UNIX Line’s tanker, Zao Galaxy, discharged the contaminated water overboard in early 2019 during a voyage between the Philippines and California’s Port of Richmond.
Lev Aslan Dermen was convicted on multiple charges involving business connections to brothers Jacob and Isaiah Kingston, who were convicted in 2018 for their role in a massive biodiesel tax scheme.
Matthew Taylor of Shintan Inc. was ordered by the U.S. Department of Justice to pay back $7.5 million in illicit tax credits obtained from the IRS.
Unix Line admitted that its tanker, Zao Galaxy, illegally discharged oily bilge at sea while on route from the Philippines to California’s Port of Richmond in late January 2019.
The Justice Department said the former owners of Road Tire Plus Corp. in South Florida avoided paying federal tax on tire imports.
The Justice Department said eight U.S. cities account for 75% of the methamphetamine seized by the Drug Enforcement Administration.
The Justice Department also said Huawei and its subsidiaries violated the RICO Act by stealing trade secrets and copyrighted works from six U.S. companies.
The District Court of Hawaii said Bernhard Schulte Shipmanagement (Singapore) PTE Ltd. will implement an environmental compliance plan for all of its 38 vessels calling U.S. ports.
With smartphones and other mobile devices vital to how companies conduct business, corporate compliance officers strive to prevent unlawful exports of controlled data.
U.S. Justice Department announced the arrest of Harvard University’s chemistry department chair on charges of lying about financial and research connections to the Chinese government.
Five Pakistani men are charged with duping 29 U.S. companies into illicitly exporting equipment and components to the blacklisted Pakistan Atomic Energy Commission and Advanced Engineering Research Organization.
Importing and selling counterfeit Native American-style jewelry violates the Indian Arts and Crafts Act.
When companies self-disclose wrongdoing to the Justice Department, “the benefits of their cooperation will be concrete and significant,” said Assistant Attorney General John Demers.
A federal judge unsealed a 6-year-old whistleblower suit against Navistar Defense and Navistar International Corp. that seeks at least $1.28 billion in damages over allegedly forged defense contracts.
A U.S. man living in Singapore illegally presented technical information at the Pyongyang Blockchain and Cryptocurrency Conference in April on how North Korea can use blockchain technology to evade sanctions.
Mark Lambert, who served as co-president of nuclear materials transport specialist TLI, will be sentenced by the District Court of Maryland on March 9, 2020.
False submission of shipment information in the U.S. government’s Automated Export System helps sink scheme to smuggle military-style inflatable boats and engines to China, according to officials.
The U.S. Justice Department said Peter Sotis, former owner of Florida-based Add Helium, is accused of smuggling rebreather equipment without an export license to the war-torn country.
Francis Alvarez, who operated a forwarding service in Houston, faces a maximum of 10 years in prison and a $1 million fine for violating the Sherman Act.
The Wise Honest illegally transported coal on behalf of the North Korean regime from November 2016 to April 2018.
A U.S. Coast Guard investigation in February discovered the Nederland Reefer’s chief engineer had devised a scheme to illegally dump oily bilge into the sea.
Manufacturer installed diesel engines in construction equipment that failed to meet emissions standards under the Clean Air Act when imported into the U.S. from 2012 to 2015.
Dip Shipping will pay a criminal fine to settle an antitrust violation charge as part of an ongoing U.S. Justice Department forwarder price-fixing investigation.
The Justice Department has asked the express carrier’s lawsuit to be dismissed, stating that it should be up to Congress and not the court to decide if the Export Administration Regulations apply.
Attorney Richard Luthmann received a four-year prison term and was ordered to pay $500,000 in restitution for defrauding businesses in the U.S. and overseas.
The U.S. Justice Department said American Airlines has agreed to pay a $22.1 million civil penalty to resolve allegations that it falsely reported the times it transferred U.S. mail to foreign postal services.
Chinese billionaire Liu Zhongtian, former president of China Zhongwang Holdings Ltd., was indicted by federal court in Los Angeles for allegedly evading $1.8 billion antidumping and countervailing duties on aluminum shipments.
