Frederic Bourke, co-founder of the luxury-handbag maker Dooney & Bourke, is set to enter prison this week for conspiring 15 years ago in what prosecutors called “one of the most audacious” bribery schemes ever attempted in the former Soviet Union.
Viktor Kozeny, the Czech-born businessman wanted in the U.S. where he’s accused of orchestrating a massive bribery scheme, won’t be extradited to New York from the Bahamas, the U.K.-based Privy Council ruled.
A Swiss lawyer who was the U.S. government’s star witness in a bribery case over an oil deal in Azerbaijan, was sentenced to time already served in prison and ordered to pay a $500,000 fine for his role in the scheme.
The mother of Czech fugitive Viktor Kozeny won a legal battle in her effort to retain control of more than $21 million from the sale of “Peak House,” one of the highest homes on Aspen, Colorado’s 10,413-foot Red Mountain.
On a dreary Monday morning in May, rain pelts the windows of Omega Advisors Inc.’s 31st-floor conference room in New York. Inside, Leon Cooperman and his 14 analysts are trying to come up with ways to make money amid squalling markets. In a single dismal month, half of the hedge fund’s gains for the year have evaporated.