The Securities and Futures Commission (SFC) of Hong Kong has reprimanded and fined State Street Global Advisors Asia Limited (SSGA) $4 million for its failure to comply with regulatory requirements in the management of Tracker Fund of Hong Kong.
Former banker, 30-year-old Oliver Curtis was sentenced to two years imprisonment after being found guilty by a Supreme Court jury of conspiring to commit insider trading with his former best friend, John Hartman.
Florida Attorney General Pam Bondi’s Medicaid Fraud Control Unit and the Bay County Sheriff’s Office arrested two Panama City mental health counselors for allegedly defrauding the Florida Medicaid program out of more than $360,000.
A Chantilly, Va.-based technology company contracted to install audio-visual equipment at government installations nationwide will pay $1.53 million in back wages and benefits to 140 information technology professionals in federal consent findings.
Saudi Arabia's market regulator fined Saudi contractor Mohammed al-Mojil Group (MMG) and sentenced two of its executives to five years in prison for breaching rules relating to accumulated losses, the firm said.
Attorney General Loretta E. Lynch and Department of Health and Human Services (HHS) Secretary Sylvia Mathews Burwell announced an unprecedented nationwide sweep led by the Medicare Fraud Strike Force in 36 federal districts.