Conrad Black denies fraud charges
Media tycoon Conrad Black has denied charges of 11 counts of fraud in the US, linked to a $2.1bn (£1.2bn) sale of hundreds of Canadian newspapers
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Ex-Refco boss faces eight charges
/0 Comments/in Phillip Bennett /by ceadminFormer Refco chief executive Phillip Bennett has been indicted on eight counts including conspiracy, securities fraud and making false filings.
Mr Bennett, 57, who was arrested in October, is accused of hiding $430m (£243m) in debts at the US brokerage before it floated on the stock market.
He denies any wrongdoing and has been released under a $50m bond
Lang sues ex-manager for ‘fraud’
/0 Comments/in Annabel Lapp /by ceadminSinger kd lang is suing her ex-manager for allegedly taking fees from the musician’s account without her consent.
Canadian singer lang, whose hits include Constant Craving, claims Annabel Lapp drew cheques from her business account without permission.
Ms Lapp represented lang from 1990 until September, when the singer terminated her contract
Ambassador turns on Blair over Iraq
/0 Comments/in Tony Blair /by ceadminThere are some diplomats who think that an ambassador’s desk should hold its secrets as much as the psychiatrist’s couch.
Not Sir Christopher Meyer, lately Her Britannic Majesty’s Ambassador in Washington.
Correspondents based in Washington knew Mr Meyer as an accomplished envoy, and an engaging and sharp-tongued informant
New York bank settles fraud case
/0 Comments/in Bank of New York /by ceadminThe oldest bank in the US, the Bank of New York, has agreed to pay $38m (£21m) to resolve long-running fraud and money-laundering investigations.
The bank will forfeit $26m to the government and pay $12m to victims of the fraud, prosecutors said.
The case dates back to 1999, when two of bank employees helped launder $7bn from Russia through several accounts
Memoirs shine new light on war
/0 Comments/in Tony Blair /by ceadminTony Blair has faced any number of claims about what he did and did not do when he and President Bush were preparing to go to war on Iraq.
The difference with Sir Christopher Meyer’s recollections is that he was actually there most of the time.
The former UK ambassador to the US witnessed much of the talk first hand and was in a position to see the relationship between the two men develop, and even help it along where necessary
Fraud boss gets jail term reduced
/0 Comments/in Steven Higham /by ceadminA company chief who took £2.5m from investors to support his own business has had his sentence cut.
Steven Higham, 54, of Hillmorton Road, Rugby, Warks, was managing director of Nottingham-based Oaktree Financial Services, when he stole from clients
Former Cheney aide denies charges
/0 Comments/in Lewis Libby /by ceadminFormer White House aide Lewis Libby has pleaded not guilty to charges related to the leak of a CIA agent’s identity.
Mr Libby, who was chief of staff to Vice-President Dick Cheney, faces five counts of perjury, making false statements and obstructing justice.
He was one of the most powerful men in the US until he resigned last week
Jail for eBay phishing fraudster
/0 Comments/in David Levi /by ceadminThe leader of an identity fraud gang which stole almost £200,000 has been jailed for four years.
David Levi, 29, of Clifton Drive North in Lytham, Lancashire, tricked people using the internet auction site eBay into giving away their account details.
He admitted three counts of fraud and perverting the course of justice at Preston Crown Court on Tuesday
Isley star convicted of tax fraud
/0 Comments/in Ronald Isley /by ceadminRonald Isley, lead singer of the Isley Brothers, is facing a maximum 26-year jail sentence after being convicted in the US of multiple tax evasion charges.
Isley, whose band’s hits included This Old Heart of Mine and Summer Breeze, denied five counts of tax evasion and one of failing to file a tax return.
Prosecutors said he had demanded cash for live shows and used other members’ royalty cheques for himself