When the truth comes out about Dmitriy Smilianets, a Muscovite accused of being a black-market broker for the most prolific computer hacking ring ever to hit corporate America, “it will make a great plot in some TV show or book,” his lawyer says.
U.S. regulators will ratchet up enforcement penalties if banks continue making the mistakes that have already cost them more than $100 billion in legal bills in recent years, said Comptroller of the Currency Thomas Curry.
TCash Ads Inc. ran an unlicensed money transmitting business that moved millions of dollars around the world through an illegal virtual currency service, U.S. Attorney Paul Fishman claimed in a civil lawsuit.
Tony Mack, the mayor of Trenton, New Jersey, is being targeted in a U.S. Federal Bureau of Investigation probe, the Trentonian newspaper reported, citing an unidentified person familiar with the situation.
Michael J. Ritacco, the superintendent of the fourth-largest school district in New Jersey, was charged today with taking more than $1 million in kickbacks from an insurance broker who was indicted with him.