Michael Calvey had long championed investing in Russia. His conviction on embezzlement charges alarmed business leaders, even if his sentence spared him prison.
Tag: Embezzlement
As Lebanon Collapses, Riad Salameh Faces Questions
People can’t get their money from banks, the currency has crashed and Riad Salameh’s reign at the central bank is facing allegations of fraud.
As Lebanon Collapses, the Man With an Iron Grip on Its Finances Faces Questions
People can’t get their money from banks, the currency has crashed and Riad Salameh’s reign at the central bank is facing allegations of fraud.
Former Vatican Banker Convicted of Money Laundering and Embezzlement
The ruling by the Vatican court signaled the church’s desire to get its financial house in order following past scandals.
South Korean Church Leader Acquitted of Blocking Antivirus Efforts
Lee Man-hee’s church, Shincheonji, was the epicenter of the first wave of coronavirus infections in South Korea last year.
U.S. Penalizes Venezuelan Officials Involved in Imprisoning 6 American Oil Executives
The so-called Citgo 6 were lured to Venezuela for a business meeting in 2017 and have been sentenced to prison on charges of corruption.
Elliott Broidy Pleads Guilty in Foreign Lobbying Case
A former fund-raiser for President Trump admitted to a role in a covert campaign to influence the administration on behalf of Chinese and Malaysian interests.
Cardinal Dismissed Over Corruption Says He’s Innocent
A day after Pope Francis dismissed Cardinal Giovanni Angelo Becciu without explanation, the once-powerful prelate disclosed the reason, and denied reports accusing him of corruption.
South Korea’s Most-Wanted Man Seized in New York
Yoo Hyuk-kee faces charges of embezzlement from the shipping company that ran a South Korean ferry that sank, killing more than 300 people. Prosecutors say embezzlement helped lead to unsafe conditions on the ferry.
François Fillon, Ex-Presidential Hopeful in France, Is Convicted of Embezzlement
Mr. Fillon was sentenced to prison time. His 2017 presidential bid fell apart after allegations that he paid his wife with taxpayer funds for a fake job.