Ex-Officer of Detroit Nonprofit Pleads Guilty to Stealing More Than $40 Million
Posted inDecisions and Verdicts Detroit (Mich) Detroit Riverfront Conservancy Embezzlement Federal Bureau of Investigation Frauds and Swindling Money Laundering Nonprofit Organizations Smith, William A.

Ex-Officer of Detroit Nonprofit Pleads Guilty to Stealing More Than $40 Million

William A. Smith, the former chief financial officer for the Detroit Riverfront Conservancy, was accused of embezzling funds meant to support efforts to beautify the city’s waterfront.
Vietnamese Real Estate Tycoon Sentenced to Death in $12 Billion Fraud Case
Posted inBanking and Financial Institutions Bribery and Kickbacks Capital Punishment Communist Party of Vietnam Decisions and Verdicts Embezzlement Frauds and Swindling Ho Chi Minh City (Vietnam) Lan, Truong My Politics and Government Sentences (Criminal) Vietnam

Vietnamese Real Estate Tycoon Sentenced to Death in $12 Billion Fraud Case

Truong My Lan received the death penalty as Vietnam’s Communist Party cracks down on corruption in the fast-growing Southeast Asian economic hub.
Vermont’s Jay Peak Emerges From a Cloud of Financial Scandal
Posted inEmbezzlement Foreign Investments Hotels and Travel Lodgings Newport (Vt) Ponzi and Pyramid Schemes Quiros, Ariel Real Estate (Commercial) Securities and Commodities Violations Skiing Travel and Vacations Vermont

Vermont’s Jay Peak Emerges From a Cloud of Financial Scandal

Less than a decade ago, the biggest fraud in ski industry history nearly took down a beloved ski area. But Jay Peak, long known for its powder, has since transformed into a sparkling modern resort.