Kickback Scheme

A 39-year-old Indian-origin IT consultant in the US has been found guilty of running a fraud multimillion-dollar kickback scheme and faces a minimum of 20 years in prison.

Microsoft will pay $26 million to settle claims that it violated the Foreign Corrupt Practices Act when a handful of Hungarian employees inflated margins on software sales to fund an improper payment scheme.

Brazilian President Michel Temer led a corruption scheme in which lawmakers squeezed high-profile executives for bribes, billionaire Joesley Batista told magazine Epoca in an interview published on Saturday. In his first interview since striking a leniency agreement with Brazilian prosecutors, Batista told Epoca that Temer asked for money several t...

The impeachment proceedings against Brazilian President Dilma Rousseff have put a spotlight on endemic corruption in the ranks of lawmakers. Some 60 percent of the 594 legislators in both chambers of Congress are being investigated for wrongdoing or are facing corruption charges, according to watchdog groups. Many of the investigations are related ...

A 69-year-old Indian-origin doctor in the US has been convicted of illegally receiving benefits for referring elderly patients to a financially struggling hospital in Chicago.

The 14 officials and executives were charged with a bribery and kickback scheme that spanned over a 24-year period. The Justice Department revealed that four individuals and two companies have already pleaded guilty in the case rocking football's world governing body, FIFA.

An Indian man has been convicted in the US for his role in a fraudulent scheme to pay kickbacks to an undercover agent posing as a corrupt hedge fund manager in order to obtain financing for small, publicly traded companies.

Colombian authorities arrested seven suspects Wednesday accused of involvement in a kickback scheme between state oil company Ecopetrol and multinational firm PetroTiger.

Spanish Health Minister Ana Mato resigned on Wednesday after being linked to a massive corruption scandal involving an alleged kickback scheme at the heart of the prime minister's conservative Popular Party.

Police made 27 arrests in raids across Brazil on Friday in a widening investigation into allegations of a multi-billion-dollar kickback scheme at the state-owned oil giant Petrobras.

Eight people, including seven Indian-Americans, have been charged for their alleged involvement in a scheme in which over 2.3 million dollars (around Rs 135 crore) were paid in bribes and kickbacks to executives of a medical cost management company to secure business from it.

A manager at Apple Inc. has been indicted by a federal grand jury in an alleged kickback scheme involving suppliers of iPhone and iPod accessories.Authorities say Paul Shin Devine of Sunnyvale was arrested on Friday on charges of wire fraud,...

A 39-year-old Indian-origin IT consultant in the US has been found guilty of running a fraud multimillion-dollar kickback scheme and faces a minimum of 20 years in prison.

Microsoft will pay $26 million to settle claims that it violated the Foreign Corrupt Practices Act when a handful of Hungarian employees inflated margins on software sales to fund an improper payment scheme.

Brazilian President Michel Temer led a corruption scheme in which lawmakers squeezed high-profile executives for bribes, billionaire Joesley Batista told magazine Epoca in an interview published on Saturday. In his first interview since striking a leniency agreement with Brazilian prosecutors, Batista told Epoca that Temer asked for money several t...

The impeachment proceedings against Brazilian President Dilma Rousseff have put a spotlight on endemic corruption in the ranks of lawmakers. Some 60 percent of the 594 legislators in both chambers of Congress are being investigated for wrongdoing or are facing corruption charges, according to watchdog groups. Many of the investigations are related ...

A 69-year-old Indian-origin doctor in the US has been convicted of illegally receiving benefits for referring elderly patients to a financially struggling hospital in Chicago.

The 14 officials and executives were charged with a bribery and kickback scheme that spanned over a 24-year period. The Justice Department revealed that four individuals and two companies have already pleaded guilty in the case rocking football's world governing body, FIFA.

An Indian man has been convicted in the US for his role in a fraudulent scheme to pay kickbacks to an undercover agent posing as a corrupt hedge fund manager in order to obtain financing for small, publicly traded companies.

Colombian authorities arrested seven suspects Wednesday accused of involvement in a kickback scheme between state oil company Ecopetrol and multinational firm PetroTiger.

Spanish Health Minister Ana Mato resigned on Wednesday after being linked to a massive corruption scandal involving an alleged kickback scheme at the heart of the prime minister's conservative Popular Party.

Police made 27 arrests in raids across Brazil on Friday in a widening investigation into allegations of a multi-billion-dollar kickback scheme at the state-owned oil giant Petrobras.

Eight people, including seven Indian-Americans, have been charged for their alleged involvement in a scheme in which over 2.3 million dollars (around Rs 135 crore) were paid in bribes and kickbacks to executives of a medical cost management company to secure business from it.

A manager at Apple Inc. has been indicted by a federal grand jury in an alleged kickback scheme involving suppliers of iPhone and iPod accessories.Authorities say Paul Shin Devine of Sunnyvale was arrested on Friday on charges of wire fraud,...