Corporate embezzlement

June 24, 2019 - 7:13 pm
SAN FRANCISCO (AP) — A former top Sacramento Kings executive was sentenced Monday to seven years in prison for siphoning $13.4 million from the team. Jeffrey David, 44, the team's former chief revenue officer, pleaded guilty in December to wire fraud and aggravated identity theft. David diverted...
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Russian President Vladimir Putin gestures while speaking at a meeting of the Russian Union of Industrialists and Entrepreneurs in Moscow, Russia, Thursday, March 14, 2019. Putin urged the business community to engage more actively in major infrastructure projects and vowed to create more incentives and help reduce investment risks. (AP Photo/Alexander Zemlianichenko)
March 14, 2019 - 11:33 am
MOSCOW (AP) — Russian President Vladimir Putin has promised that the government will do more to encourage investments and reduce business risks. Putin's speech Thursday at a meeting of the Russian Union of Industrialists and Entrepreneurs comes weeks after the arrest of U.S. investment fund manager...
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FILE - In this May 24, 2015, file photo, chairman and CEO of Renault-Nissan Carlos Ghosn, center, arrives prior to the start of the Formula One Grand Prix, at the Monaco racetrack. A trailblazer and visionary in the auto industry, Carlos Ghosn is also a highflyer prone to excesses that may have helped bring on his surprise downfall as head of the world’s best-selling auto group. Ghosn was arrested last week in Japan for allegedly falsifying financial reports and misusing funds at Nissan Motor Co. It was a stunning reversal for the industry icon. (AP Photo/Claude Paris, File)
November 26, 2018 - 6:44 pm
PARIS (AP) — A trailblazer and visionary in the auto industry, Carlos Ghosn is also a highflyer prone to excesses that may have helped bring on his surprise downfall as head of the world's best-selling auto group. Ghosn turned around France's Renault SA and then Japan's Nissan Motor Co., eventually...
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FILE - In this May 12, 2016, file photo, head of Nissan Motor Co. Carlos Ghosn answers a question during their joint press conference in Yokohama, near Tokyo. Japanese media say Ghosn, Nissan Motor Co. chairman, is being questioned by Tokyo prosecutors on suspicion he falsified his financial reports. Nissan said Monday it was looking into the reports, while prosecutors declined comment.(AP Photo/Eugene Hoshiko, File)
November 19, 2018 - 6:38 pm
YOKOHAMA, Japan (AP) — Nissan Chairman Carlos Ghosn, who became one of the auto industry's most powerful executives by engineering a turnaround at the Japanese manufacturer, was arrested Monday and will be fired for allegedly underreporting his income and misusing company funds, the automaker said...
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