Trafigura Seeks to Recover $500 Million in Mongolian Fuel Fraud Scheme
Trafigura Seeks to Recover $500 Million in Mongolian Fuel Fraud Scheme. Swiss trading firm Trafigura is currently engaged in efforts to recover $500 million in Mongolia, following an extensive year-long investigation into its employees and associates related to a billion-dollar fraud scheme within its local fuel supply operations, as reported by three trading sources familiar […]
Viaro Energy CEO Francesco Mazzagatti Faces Lawsuit Over Alleged €143.8 Million Fraud in RockRose Acquisition
Energy Executive Francesco Mazzagatti Faces Legal Action Over Alleged €143.8 Million Misappropriation in RockRose Acquisition. Francesco Mazzagatti, CEO and majority owner of Viaro Energy, is at the center of a major legal dispute after being accused of misappropriating at least €143.8 million from a Singaporean trading firm, Alliance Petrochemical & Investment (API). The lawsuit, filed […]
Arkansas Man Failed to Disclose Over $3 Million in Revenue
Arkansas Man Failed to Disclose Over $3 Million in Revenue. In a significant tax fraud case, Carlos Gonzalez, a 59-year-old resident of Rogers, Arkansas, was sentenced to 20 months in prison for submitting fraudulent individual income tax returns. The court revealed that between 2014 and 2020, Gonzalez systematically understated the gross receipts from his tree-trimming […]
Naomi Campbell banned from being charity trustee over abuse
Naomi Campbell banned from being charity trustee over abuse. The model and actress Naomi Elaine Campbell, 54, has been banned from being a charity trustee for five years, after a watchdog investigation found evidence of financial misconduct at a charity she founded – Fashion For Relief. The funds raised for the charity were spent on […]