Man Sentenced for His Role in COVID-19 Relief Fraud Scheme

Milwaukee, Wisconsin - A Wisconsin man was sentenced Wednesday to 36 months in prison for fraudulently seeking over $600,000 in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

Justice Department Requires Divestitures in Transaction between Global Industrial and Agricultural Equipment Component Manufacturers

Washington, DC - The Department of Justice announced Wednesday that it will require Danfoss A/S (Danfoss) and Eaton Corporation Plc (Eaton) to divest assets from both Danfoss’s and Eaton’s orbital motor and hydraulic steering unit manufacturing businesses in order to proceed with their proposed asset purchase agreement.

Railcar Cleaning Company and its Owners Plead Guilty to Violating Environmental and Worker Safety Laws Related to Workers’ 2015 Deaths

Omaha, Nebraska - Nebraska Railcar Cleaning Services LLC (NRCS), its president and owner, Steven Michael Braithwaite, and its vice president and co-owner, Adam Thomas Braithwaite, pleaded guilty today in federal court in Omaha to charges stemming from an investigation into a 2015 fatal railcar explosion that killed two workers.

Iranian Intelligence Officials Indicted on Kidnapping Conspiracy Charges

New York - A New York federal court unsealed an indictment Tuesday charging four Iranian nationals with conspiracies related to kidnapping, sanctions violations, bank and wire fraud, and money laundering. A co-conspirator and California resident, also of Iran, faces additional structuring charges.

Cryptocurrency Fraudster Sentenced for Money Laundering and Securities Fraud in Multi-Million Dollar Investment Scheme

San Francisco, California - A Swedish man was sentenced Thursday to 15 years in prison for securities fraud, wire fraud and money laundering charges that defrauded thousands of victims of more than $16 million.