The former general manager of the procurement subsidiary of Venezuelas state-owned and state-controlled energy company, Petroleos de Venezuela S.A. (PDVSA), pleaded guilty today for his role in an international money laundering scheme involving bribes paid by the owners of U.S.-based companies to Venezuelan government officials to corruptly secure energy contracts and payment priority on outstanding invoices.Source: Justice News - Cyber-crime
Biotheranostics Inc. has agreed to pay $2 million to resolve allegations that it submitted and caused the submission of false claims to Medicare for Breast Cancer Index (BCI) tests that were not reasonable and necessary for the diagnosis and treatment of breast cancer, the Department of Justice announced today. Biotheranostics is a diagnostic laboratory testing company located in San Diego, California. Source: Justice News - Cyber-crime
Blockchain startup Gem has created a one-stop shop crypto services platform comprised of a portfolio tracker, a wallet and a 'discovery tool.'Source: Coin Desk - Digital currency