Between 1956 and 1959, price meetings among electrical equipment producers were a “way of life” in the industry. When 29 of the nation’s electrical equipment manufacturers were convicted of criminal bid rigging and price fixing in 1961, the gates were opened to a flood of damage suits. General Electric (GE) was convicted along with 28 other electrical-equipment makers in the Great Electrical Conspiracy three years ago. The company’s corporate defense in the conspiracy is that the top executives were totally unaware of the shenanigans; the conspiring was done by.
In January 2002, agents executed a consent search of Enron’s 50-story corporate headquarters building. Investigators unearthed critical evidence. Lay was found guilty on six counts of fraud and conspiracy and four counts of bank fraud. The conspiracy and fraud convictions each carry a sentence of 5 to 10.
The most notable characteristic of the 1961 antitrust conspiracy was its willful nature. An inadvertent bit of humor by a defense attorney provided one of the major criminological motifs for “the most serious violations of the antitrust laws since the time of their passage”. The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas. Zheng exploited his position of trust, betrayed his employer, and conspired with the government of China to steal innovative American technology.
A criminal conspiracy involves a person making an agreement with one or more individuals (known as conspiring) to carry out a criminal act. General Electric was involved in nineteen of the twenty conspiracies for which indictments were returned, as was also true of Westinghouse, the other giant.
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What is Section 34 and criminal conspiracy?
In the event that multiple individuals engage in a criminal act with the common intention of all, each person is held accountable for the act in a manner consistent with the individual’s degree of responsibility.
What is the offence of conspiracy in Kenya?
A person who conspires with another to commit a felony or act in any part of the world that would be a felony in Kenya and is an offence under the laws in the place where it is proposed to be done is guilty of a felony and is liable for imprisonment for seven years if no other punishment is provided. If the greatest punishment to which a person convicted of the felony is liable is less than seven years, then to that lesser punishment. A person who conspires, attempts to commit, is an accessory after the fact, or counsels in relation to an offence mentioned in subsection is guilty of an offence.
What are the ingredients of conspiracy in Nigeria?
A conspiracy is defined as an agreement between two or more individuals to commit a criminal act, with one of the parties acting in accordance with the agreement.
What is the largest fine in corporate history?
Volkswagen is facing potential $18 billion in company fines due to the Volkswagen scandal. The emissions swindle has already destroyed their share price and sent ripples through the economy. The potential fine is the most worrying for shareholders. Big Tobacco received $206 billion in a 1998 civil settlement, compensating the US healthcare system for the strain caused by cigarettes and the tobacco industry. The company agreed to change the way they marketed their products and is now more careful to highlight the dangers of smoking.
JP Morgan received $13 billion in a 2006 subprime mortgage collapse, paying a $13 billion settlement to cease investigations. Other banks including Citigroup and RBS were also fined. The scandal has caused concern among shareholders and has led to the largest corporate fines in history. The Volkswagen scandal has already destroyed their share price and sent ripples through the economy.
What is the biggest crime ever committed?
Notable crimes include the Lindbergh Kidnapping, the theft of the Mona Lisa, the fake Ape-Man, the Arbuckle Scandal, the Black Dahlia murder, the Brinks Job, the Lana Turner Affair, and the Great Train Robbery.
What is the world’s most illegal crime?
The largest illicit industries globally include drug trafficking, illegal logging, human trafficking, and illegal mining. These crimes are driven by greed and require access to the international financial system. Law enforcement often focuses on interdicting physical objects being smuggled by criminals, rather than tracking and seizing the money earned by these networks. GFI believes that effective law enforcement requires following money and making it more difficult to launder illicit proceeds.
Money is the most common thread across all illicit industries and security threats, including arms trafficking, illicit timber, and terrorism. Making it more difficult to move and hide illicit money is an overarching solution to these problems, which are often approached as separate issues by law enforcement.
What company paid the largest criminal fine?
Pharmacia and Upjohn Company have agreed to plead guilty to a felony violation of the Food, Drug and Cosmetic Act for misbranding Bextra, an anti-inflammatory drug that Pfizer pulled from the market in 2005. The company must specify the intended uses of a product in its new drug application to the FDA, and once approved, the drug may not be marketed or promoted for off-label uses. Pfizer promoted the sale of Bextra for several uses and dosages that the FDA specifically declined to approve due to safety concerns.
The company will pay a criminal fine of $1. 195 billion, the largest criminal fine ever imposed in the United States for any matter, and forfeit $105 million. Additionally, Pfizer has agreed to pay $1 billion to resolve allegations under the civil False Claims Act that the company illegally promoted four drugs and caused false claims to be submitted to government health care programs for uses that were not medically accepted indications.
This is the largest civil fraud settlement in history against a pharmaceutical company. Pfizer has also agreed to enter into an expansive corporate integrity agreement with the Office of Inspector General of the Department of Health and Human Services.
What is the biggest unsolved crime of all time?
The Case Not Closed series encompasses a diverse array of infamous cases, including the Jack the Ripper murders, the Zodiac killings, and the death of Tupac Shakur. Additionally, the series addresses a number of other notable cases, including the Tylenol poisonings, the circumstances surrounding the death of Edgar Allen Poe, the Nicole Brown/Ron Goldman double murder, and the Disembodied Feet case.
What is the largest illegal business in the world?
Drug Trafficking – Drug trafficking is the most profitable and remarkable illicit activity in the crime world. The reason being the substance it deals with (cocaine, heroin, cannabis etc) are considered as one of most valuable commodities in the world. The operation includes right from cultivation, processing and manufacturing to distribution and sale of substances overseas. The task is not completed here. The daily cash proceeds are also brought back by cartels either physically or converting cash into legitimate assets. The cartel also invest heavily into legitimate economies like real estate, crooked banks, car dealerships etc.
The total value of drug trafficking worldwide is estimated to $426 billion to $652 billion annually constituting for almost 1% of the World GDP – $142 trillion. Almost every organized crime group is involved in drug smuggling either directly or indirectly. The reason is the insatiable demand of drugs worldwide. The United States is the world’s largest consumer of illegal narcotics. The majority of the drugs smuggled include cocaine, heroin, marijuana, methamphetamine, fentanyl, etc.
The drug cartels have set up dedicated narco routes across the world through which they daily smuggle tons of drugs which include cocaine, heroin, cannabis, LSD, ecstasy, methamphetamine. Some of these narcotics have their own GI like cocaine is found in latin america, mostly in Colombia, Peru, Bolivia and Chile. Mexico is one of the biggest cannabis producing countries, hence the name ‘ marijuana ‘. Afghanistan is the largets producer of opium in the world with more than 90% share in illicit opium growth. One of the worst affected countries are the United States, Mexico, Brazil and Colombia. In 2006, the then Mexican President Felipe Calderon declared an all out war on drugs. In any country, drug trafficking attracts one of the most stringent punishments. The reason behind this is of all the organised crime activities, drug trafficking has caused greater harm than any other illicit business. Not only it kills people from its drugs but also various innocent people become victims of violence and bloodshed caused by drug cartels. We can surely estimate the level of violence from the fact that the above mentioned countries are one of the most dangerous countries in the world.
What is the most committed crime in Nigeria?
Lagos State in Nigeria is the most affected in terms of crime, with property and persons crimes being the most common types reported to the police. In 2017, young people in Nigeria started a movement called EndSARS, which aimed to end violence and assault by police officers of the Special Anti-Robbery Squad (SARS). Despite the disbandment of the Special Anti-Robbery Squad, police brutality continues, with 12 people killed during a peaceful protest in Lagos in October 2020.
Weak institutions and prevalent corruption may be the main causes behind authoritarian and violent police, as perceived corruption can indicate the population’s trust in public offices. Recent surveys have shown that paying bribes is widespread, with 30% of respondents declaring to have paid a bribe to a public official or being asked to pay a bribe by a public official in the last months. Public bodies more likely to receive or ask for bribes include police officers, land registry officers, tax and revenue officers, public utility officers, the Federal Road Safety Corps, and prosecutors.
Nepotism is also a significant issue, with around 20% of respondents experiencing vote-buying in organized elections, slightly more in rural areas than in urban areas. This text provides general information and assumes no liability for the information given, as statistics may display more up-to-date data due to varying update cycles.
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As for the perpetual energy machine. You didn’t mention two things. One. A electric vehicle was actually invented before the gasoline one. It was capitalist like Henry Ford that held them out of the market. And Two that Tesla proved that the earth was a conductor not a ground. He was working on a way to shove a metal rod in the ground anywhere and get free electricity from it. When he had to admit to his financial backer George Westinghouse that there would be no way to charge people for it he cut his funding for the project. He then worked on universal wireless power transmission. Where with three towers place around the world they would be able to tirelessly transmit free electricity all across the globe. He was working on the first tower. Know as Wardenclyffe Tower when he died. The US government immediately took possession of it and all of his research. Demolished the tower and hid his research. Only returning them ten years later. And only 60 of the 80 trunks confiscated. It is speculated the government kept the remaining 20. Deeming them too dangerous to release. Or as most people think idea that would destroy capitalist economy and better our world through free resources.
Okay wow. I am so glad you are talking about the Helicopter thing!!!! I didn’t know why people acted so weird when I started talking about helicopters in my area. I grew up around Air Force bases. I’m now living near a Navy base. I started seeing a lot of Blackhawks mid pandemic. I hadn’t seen them for years, I felt nostalgia and wonder. I thought it was interesting and I wondered what was going on. They were probably just taking them out for standard testing. Literally everyone I talked to shut down and refused to respond to me when I talked about it. They made me wonder if I was crazy!!!! I talked to people back home and locals. Everyone got real weird about it. I don’t think they are anything nefarious, I’ve known literal pilots. It’s no big deal. They are just Blackhawk helicopters that the military has that the have to fly once in a while for training. The fact that so many people have weird fears about it makes me feel better.
americans need to watch their diets but its not the food, its the feed. and everybody calls eachother sheep, but they all go to the same place for their feed nowadays. the idea that “they are putting something in the food” sounds far fetched, but who knows how much they put in your feed. people might need a diet.
Who ever came up with the West World one has clearly never seen the original movie from 1973. Staring Yul Brynner and Josh Brolin’s father James. I recently found out it was also written and directed by Michael Crichton. The creator of Jurassic Park, Congo, and The Andromeda Strain. West World was his second movie but he was a writer for years before.
the only show worse then “it’s always sunny” is frasier. at least it’s always sunny makes me feel pure rage at just how bad and nonsensical it is. with frasier all i ever felt was disinterest. neither was all that relatable because it focusses on a pretty american centric lifestyle and there’s so many interesting alternatives.