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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: kickbacks

kickbacks stories: 9 news summaries

Madoff May
Have Paid Off Austrian Banker

She's accused of sending him investors' cash, getting kickbacks

Jul 3, 09 2:59 AM CDT
(Newser) - The head of Bank Medici is being probed by authorities in the US, the UK, and her native Austria over alleged kickbacks she received from Bernard Madoff, the Wall Street Journal reports. Sonja Kohn is believed to have pocketed $40 million in return for turning three funds she managed into... More »

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Austria • Ponzi scheme • kickbacks • Bernard Madoff • Sonja Kohn • Bank Medici • Bernard L. Madoff Investment Securities • Madoff Securities International • fund manager

NYC Probes Rattner's Firm in Pension Scandal

Quadrangle paid finders fees to indicted adviser's company

Apr 22, 09 9:49 AM CDT
(Newser) - New York City authorities are investigating whether Quadrangle Group, formerly led by Obama car czar Steven Rattner, deceived managers of the city's pension funds, the Wall Street Journal reports. Rattner's firm, Quadrangle, paid finders fees to Searle & Co., which had been headed by now-indicted political adviser Hank Morris,... More »

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New York City • New York • New Mexico • corruption • Searle • pension funds • kickbacks • Jeff Bingaman • Steven Rattner • Quadrangle Group • Hank Morris

 Rattner, Obama's Auto Chief, 
 Caught Up in Kickbacks Probe 

Source says Rattner linked to pension fund pay-for-play deal

Apr 17, 09 5:52 AM CDT
(Newser) - Steven Rattner, the head of President Obama's auto task force, is involved in an SEC probe of a kickback scandal involving New York state's pension fund, a source tells the Wall Street Journal. Rattner is not accused of any wrongdoing, but is believed to have directed a $1.1 million... More »

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private equity • corruption • SEC • kickbacks • Steven Rattner

Court Scraps
Pa. Juvenile Convictions

Corrupt judge took kickbacks from detention centers

Mar 26, 09 6:30 PM CDT
(AP) - Pennsylvania's highest court today overturned hundreds of juvenile convictions issued by a corrupt judge who took millions of dollars in kickbacks from youth detention centers. The state Supreme Court ruled that former judge Mark Ciavarella violated the constitutional rights of youth offenders who appeared in his courtroom without lawyers between... More »

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Pennsylvania • judge • juveniles • kickbacks • juvenile crime • Howard Stern Grid

FDA OKs Drug
for Kids Despite Justice Probe

Firm wooed docs to illegally prescribe antidepressant: feds

Mar 21, 09 9:42 AM CDT
(Newser) - The FDA has approved an antidepressant called Lexapro for kids, just weeks after the Justice Department accused its maker of marketing it illegally—for kids. Prosecutors say Forest Laboratories for years sweet-talked pediatricians into prescribing Lexapro and the similar Celexa by offering spa visits, event tickets, and fishing trips, even... More »

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FDA • antidepressant • drug companies • children • pediatricians • teenager • kickbacks

Halliburton Will Pay $559M
in Nigerian Bribery Fines

The settlement is the second-largest under the current law

Jan 27, 09 9:24 AM CST
(Newser) - Halliburton will shell out $559 million in fines—the largest federal penalty ever paid by a US company for bribery—to the Justice Department and the SEC to settle claims that its former KBR unit greased the palms of Nigerian officials to help get a gas liquefaction facility built, along... More »

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Nigeria • bribery • Halliburton • Siemens • KBR • US Foreign Corrupt Practices Act • kickbacks

CEO Arrested in Plan to Use Homeless in Medicare Scam

Scheme recruited LA's skid row denizens to bilk feds for unnecessary service fees

Aug 6, 08 5:30 PM CDT
(Newser) - The CEO of a Los Angeles hospital was arrested today for defrauding Medicare by using the city’s homeless to fill empty beds, the AP reports. The FBI says Rudra Sabaratnam, of City of Angels hospital, recruited the homeless in a scheme to charge for unnecessary health services and keep... More »

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health care • fraud • homeless • scam • hospital • spending • billing • kickbacks

Law Firm Escapes Criminal Charges in $75M Deal

Milberg will pay $75M, admit wrongdoing

Jun 17, 08 7:41 AM CDT
(Newser) - Ducking criminal charges, law firm Milberg LLP will pay the government $75 million and admit wrongdoing in a settlement following a 2-year-old indictment, the Wall Street Journal reports. The firm, which deals with shareholders' class-action lawsuits, acknowledges it paid kickbacks to attract clients between 1979 and 2005, enabling the firm... More »

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settlement • Milberg Weiss • kickbacks • law firm

 Irish PM Resigns
 in Kickback Scandal 

Ahern was most successful PM in decades

Apr 2, 08 7:11 AM CDT
(Newser) - The prime minister of Ireland announced his resignation today in the face of a growing scandal over his personal finances, reports the Irish Times. Bertie Ahern, a key player in the Northern Ireland peace deal once tipped to be the first permanent EU president, admitted no wrongdoing in the surprise... More »

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Bertie Ahern • corruption • resignation • Ireland • tribunal • prime minister • political scandal • scandal • Celtic Tiger • kickbacks

9 Stories


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