October 3, 2016/Reuters By Georgina Prodhan, Kathrin Jones and Lawrence Delevingne | FRANKFURT Deutsche Bank (DBKGn.DE) is throwing its energies into reaching a settlement before next month’s presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. The threat of such a large […]
Frauds & Scandals
SEC Fines Gaming Company $0.5m For Retaliating Against Whistleblower
Culled–Proshare September 30, 2016 The US Securities and Exchange Commission yesterday announced that casino-gaming company International Game Technology (IGT) has agreed to pay a half-million dollar penalty for firing an employee with several years of positive performance reviews because he reported to senior management and the SEC that the company’s […]
Nigerian minister denies involvement in alleged MTN money transfer
29/9/2016/Reuters LAGOS (Reuters) – Nigeria’s minister for industry, trade and investment dismissed accusations on Thursday that he was involved in an alleged illegal transfer of $13.92 billion by South African telecoms giant MTN. A parliamentary motion named Okechukwu Enelamah earlier this week, saying MTN had used him and others to […]

