On August 15, 2024, Singaporean authorities will charge two former bank employees and a personal driver linked to the largest money laundering investigation in the country’s history. This follows a raid conducted a year prior, which involved over 400 police officers targeting multiple luxury residences.
Bill Hwang has been convicted of fraud and other charges by a federal jury in Manhattan. The trial was centered on the market manipulation and collapse of Hwang’s $36 billion private investment firm in 2021.
The Chinese government has launched an investigation into allegations that fuel tankers have been used to transport cooking oil without proper decontamination after carrying toxic chemicals.
Theranos founder Elizabeth Holmes has been instructed by a court to report to prison on May 30, despite her appeal against her fraud conviction.
