Bryan Pereira was accused of conspiring with two executives at Orix Australia to receive kickbacks as a fleet manager for Coca-Cola Amatil.
In a settlement reached with the U.S. Department of Justice, Takata Corp. has agreed to plead guilty to wire fraud and pay $1 billion in criminal penalties arising from the sale of defective air bag inflators. Video courtesy of CNBC. For the full story, click here.
Three executives with the giant automotive supplier are also charged with wire fraud and conspiracy.
Federal agents arrested a former Toys "R" Us logistics director at his New Jersey home on March 22 for allegedly stealing nearly $2 million from the company with its fleet cards.
The owner of a Texas biodiesel company has been sentenced to 10 years in prison and to pay a $138 million fine in restitution and forfeiture for biofuels fraud.
Approximately 20,000 hit-and-run crashes occurred in Los Angeles in 2014, prompting the launch of a new public awareness campaign aimed at preventing the crime. Here's a video report from CBS Los Angeles.
The Securities and Exchange Commission alleges that a Houston-area businessman deceived clients into investing in a financially troubled company specializing in safety tech aimed at preventing drowsy driving.
The U.S. Dept. of Justice (DOJ) is fining nine auto parts suppliers a total of $740 million in what the DOJ described as “separate conspiracies” to fix the prices of more than 30 different products sold to U.S. auto manufacturers and the U.S. subsidiaries of a number of Japanese automakers.
LOS ANGELES - A delivery truck driver was briefly kidnapped Oct. 7 by two robbers posing as police officers, the Los Angeles Times reported.
CLARKSBURG, WV - Mark Rackley, the former fleet manager for Mylan Laboratories, Inc. named in a 10-count indictment back in July, faces a maximum penalty of 20 years imprisonment and a fine of $250,000.
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