Fraud

El Salvador will confiscate all possessions of former President Antonio Saca, who is accused of large scale corruption, fraud and money laundering. Antonio Saca is accused of stealing more than 220 million euros of State funds together with six of his former employees. The court believes there is enough evidence in the case to apply the confiscation measure.

Because of the exhaust gas scandal, Audi is alarmed. The Volkswagen subsidiary may have to buy back all 85,000 cars with three-liter diesel engines from customers.

One year after the acquaintance of the emission scandal an agreement between VW and the US authorities is established. The Group must pay € 15.2 billion.

One year after the acquaintance of the emission scandal an agreement between VW and the US authorities is established. The Group must pay € 15.2 billion.

A U.S. federal judge will hold a hearing Thursday that may offer the first details on any progress in settling over 500 lawsuits filed against Volkswagen AG, a top supplier and many current and former top executives over excess emissions in 580,000 U.S. bdiesel vehicles.

Wells Fargo & Co said on Tuesday that Chief Executive Officer John Stumpf will forfeit unvested equity awards worth about $41 million and will not get a salary while the company's board investigates the bank's sales practices.

Wells Fargo & Co's ( WFC.N ) chief executive, John Stumpf, will tell U.S. senators on Tuesday that he is "deeply sorry" for selling customers unauthorized bank accounts and credit cards and that he would take "full responsibility" for the unethical activity, the New York Times reported on Monday.

Radovan Krejčíř wants to come back to the Czech Republic, he offers a confession to all his crimes. The czech citizen Radovan Krejčíř, who was judged in the Rebublic of South Africa (RSA), requested for a transportation back to the Czech Republic. Previous attempts of the Czech Republic to get him back were denied because of his bribery of the main judge. Now he changed his mind and he wants to confess to all his crimes in exchange for parallel ten years sentences. In a brief to the NPA (National Prosecuting Authority), his new lawyer, Eric Bryer, stated, that Krejčíř wants to confess to all his crimes in exchange for parallel ten years sentences, but he wants to be trasported back to Czech Republic, which agreed according to his czech lawyers. In the brief is also mentioned, that Radovan Krejčíř had corruption deals with highly ranked policie and justice offcials and he will také the stand against them, but only in the safety from the Czech Republic. He faces to six cirminal accusation and was already convicted for a kidnapping and a murder to 35 years in prison.

Law enforcement agencies from twelve member states and Europol have arrested members of a group responsible for value-added tax fraud worth EUR320m (USD348m).

Chinese and African lender ICBC Standard Bank Plc is the first company in Britain to embark on a new form of plea deal to avoid prosecution on fraud, Bribery or Corruption allegations, the Serious fraud Office (SFO) prosecutor said on Thursday.