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Former Chesapeake CEO McClendon charged with bid-rigging of land leases

2016-03-02 10:54:18| Energy - Topix.net

Aubrey McClendon, former chief executive officer of Chesapeake Energy Corp and a legend in the U.S. energy industry, was charged on Tuesday with conspiring to rig bids to buy oil and natural gas leases in Oklahoma, the Justice Department said. The indictment follows a nearly four-year federal antitrust probe that began after a 2012 Reuters investigation found that Chesapeake had discussed with a rival how to suppress land lease prices in Michigan during a shale-drilling boom.

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Former Chesapeake CEO McClendon charged with bid-rigging of land leases

2016-03-02 10:44:01| Oil & Gas - Topix.net

Aubrey McClendon, former chief executive officer of Chesapeake Energy Corp and a legend in the U.S. energy industry, was charged on Tuesday with conspiring to rig bids to buy oil and natural gas leases in Oklahoma, the Justice Department said. The indictment follows a nearly four-year federal antitrust probe that began after a 2012 Reuters investigation found that Chesapeake had discussed with a rival how to suppress land lease prices in Michigan during a shale-drilling boom.

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Ex-utility bosses charged over Fukushima nuclear disaster

2016-02-29 12:02:04| Energy - Topix.net

Three former utility firm bosses have been charged with negligence over the Fukushima nuclear disaster - the first ones from the company to face a criminal trial. A group of court-appointed lawyers have indicted Tsunehisa Katsumata, the then chairman of Tokyo Electric Power Company , along with two other ex-executives.

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Ring That Defrauded Murrow High School & Others Charged By Brooklyn D.A.

2016-02-26 19:43:40| Apparel - Topix.net

Seven more people have been arrested in connection to a city-wide fraud that involved ripping off scores of heating oil customers, including Edward R. Murrow and James Madison high school, prosecutors announced Wednesday. "The defendants are charged with running a scheme to systematically steal heating oil from a Brooklyn terminal to enrich themselves and we intend to now hold them accountable," Brooklyn DA Kenneth Thompson said in a press release announcing the charges.

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UBS charged with tax fraud in Belgium

2016-02-26 11:58:51| BBC News | Business | UK Edition

The Swiss banking giant UBS is charged with money laundering and serious and organised tax fraud in Belgium.

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