When prosecutors announced the case against Mathew Martoma in November 2012, they said it may be the most lucrative insider trading scheme of all time.
The ring operated out of Astramed, a purported medical clinic with multiple locations in the Bronx, prosecutors said. The pills have a street value of up to $550 million.
The top executive of a Manhattan-based Bitcoin company and a Florida Bitcoin exchanger have been charged with conspiring to commit money laundering by selling more than $1 million in Bitcoins to users of the black market website Silk Road, which let users buy illegal drugs anonymously, authorities said Monday.
The bank will pay $1.7 billion to settle criminal charges and a $350 million civil penalty for what the Treasury Department called “critical and widespread deficiencies” in its programs to prevent money laundering and other suspicious activity.
The charges against Reza Olangian were unsealed on Friday. U.S. Attorney Preet Bharara said that after Olangian was thwarted in his first attempt back in 2007, he seized a second opportunity last year to arm the Iranian military in violation of international trade sanctions.
Bank of America was found liable for fraud in a civil case the government said captured the frenzied pursuit of profits at all costs just before the economy collapsed.
Abu Anas al-Libi entered the plea Tuesday in federal court in Manhattan. Al-Libi, who has a thick gray beard, kept his hands folded on his lap as the judge read the charges.
Officials: Terror Suspect Wanted For Role In U.S. Embassy Bombings Awaiting Arraignment In Manhattan
Abu Anas al-Libi was grabbed in a military raid in Libya on Oct. 5. He’s due to stand trial in Manhattan, where he’s been under indictment for more than a decade on charges he helped plan and conduct surveillance for the 1998 bombings of U.S. embassies in Africa.
The charges were announced by prosecutors in Manhattan, where an indictment unsealed in federal court portrayed a trio of ex-soldiers eager to kill for money.
Alwar Pouryan received the mandatory minimum sentence for the anti-aircraft missile count and was spared a life sentence.
Stripping politicians convicted of corruption of their pensions is not easy, Gov. Andrew Cuomo says, but initiatives are in place to change that.
Prosecutors said 650 Fifth Avenue is operated by two companies which serve as fronts for the government of Iran, the Alavi Foundation and Assa Corp.
Preet Bharara, the Manhattan U.S. attorney, hinted that the misconduct was not just the work of a couple of rogue traders, but was systemic in a bank that failed to keep adequate watch over its traders.
A significant portion of Westchester County’s water supply could contain a dangerous microscopic parasite that can cause a potentially fatal gastrointestinal illness for which authorities say there is no known treatment.
According to federal officials, Davis allegedly sold hundreds of pills, including oxycodone, for cash.