Societe Generale Trader Convicted of Stealing High-Frequency Trading System Code
Samarth Agrawal, a former trader at Societe Generale, was convicted in Manhattan federal court of theft of trade secrets and interstate transportation of stolen property for stealing the proprietary computer code used in Societe Generale's high-frequency trading system.
Senior U.S. District Court Judge Guilty of Drug Offenses, Conversion of Government Property
Jack T. Camp Jr., a Senior U.S. District Judge in the Northern District of Georgia, admitted that he unlawfully possessed and used cocaine, marijuana, and Roxycodone and that he gave an individual, whom he knew had a prior felony drug conviction, money to purchase those drugs. Camp also admitted that he unlawfully gave that individual a U.S. District Court laptop computer for her personal use.
Ahmed Khalfan Ghailani Found Guilty in 1998 Embassy Bombings Plot
Ahmed Khalfan Ghailani was found guilty today for his role in the 1998 bombings of the U.S. Embassies in Kenya and Tanzania that took the lives of 224 people, including 12 Americans. Ghailani, a 36-year-old Tanzanian national, was the first detainee held at the Guantanamo Bay Naval Base in Cuba to be tried in a civilian court. He was found guilty of conspiring to destroy property and buildings of the United States, following a five week trial in New York.
Chinese National Pleads Guilty to Stealing Ford Trade Secrets
Former Ford employee Xiang Dong Yu, of Beijing, China, pled guilty in federal court in Detroit, Michigan to two counts of theft of trade secrets. Yu copied approximately 4,000 Ford documents, including sensitive Ford design documents, onto an external hard drive and took them to Beijing Automotive Company, his new employer in China.
California Woman Sentenced on Human Trafficking Charge
Fang Ping Ding, of Fremont, California, was sentenced to more than three years in prison for confiscating the passport, visa, and other documents of a woman from the People's Republic of China in order to maintain control over the victim and force her to work as an unpaid, live-in domestic servant.
Owners of Bankrupt Sunrise Equities Accused in Ponzi Scheme
Three owners of a bankrupt Chicago real estate development firm that purported to adhere to Islamic law in handling investments from individuals in the Chicago area and nationwide actually operated a Ponzi-scheme that defrauded hundreds of victims and three banks of more than $43 million, according to a federal indictment made public today.
Executives from Two Japanese Airlines Indicted in Price Fixing Conspiracy
A former executive of Japan Airlines International Co. Ltd. and two former executives of Nippon Cargo Airlines Co. Ltd. were indicted for participating in a conspiracy to fix and coordinate components of rates for air cargo shipments to and from the United States.
Pakistani Man Charged with Immigration Fraud and False Statements
Aftab Ali, formerly of Watertown, Massachusetts, was charged with immigration fraud and making false statements. It is also alleged that following the Times Square attempted bombing on May 1, 2010, investigators obtained evidence that Ali had provided $4,900 to Faisal Shahzad, who was later convicted of carrying out the bombing attempt, although it is not alleged that Ali was aware of the intended use of the money.
Former Abramoff Colleague Convicted in Illegal Lobbying Scheme
Kevin A. Ring, a former lobbyist who worked with Jack A. Abramoff, was convicted on charges including conspiracy, honest services fraud, and paying gratuities related to a scheme to corrupt public officials by providing a stream of things of value.
California Woman Charged with Conspiracy to Provide Material Support to al Shabaab
Nima Ali Yusuf, of San Diego, California, was indicted on charges of conspiracy to provide material support to terrorists, conspiracy to provide material support to al Shabaab, and making false statements to a government agency in a matter involving international terrorism.