financial fraud

Russia

Panama Papers database of offshore firms goes live

FRANKFURT, Germany (AP) — A group of investigative journalists on Monday published the names of thousands of offshore companies at the heart of a massive trove of data on the finances of the rich and powerful that has become known as the Panama Papers. The International Consortium of Investigative Journalists made

justice department

Goldman Sachs will pay $5 billion to settle US mortgage case

WASHINGTON (AP) — Goldman Sachs agreed to pay about $5 billion to settle U.S. claims the Wall Street bank misled investors in sales of mortgage-backed securities that helped create the 2007-2009 financial crisis, the Justice Department announced Monday. The $5.06 billion deal resolves state and federal probes into the