December 26, 2024

Securities fraud

RTX subsidiary Raytheon to pay more than 0 million to settle foreign bribery, export control fraud probes

RTX subsidiary Raytheon to pay more than $950 million to settle foreign bribery, export control fraud probes

Alex Hales04 mins

The Raytheon Technologies, recently renamed RTX Corporation, headquarters building is seen at dusk on January 20, 2024, in Arlington, VA.  J. David Ake | Getty Images The Raytheon subsidiary of defense contractor RTX agreed Wednesday to pay more than $950 million to settle Department of Justice investigations into an alleged government contract fraud scheme, violations…

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FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit billion

FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion

Alex Hales03 mins

Caroline Ellison, former chief executive officer of Alameda Research LLC, right, arrives at court in New York, US, on Tuesday, Sept. 24, 2024.  Michael Nagle | Bloomberg | Getty Images Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New York federal court to two…

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