Day: August 20, 2020

cash

Audit Finds Weak Oversight At St. Louis City Council Led To Abuses By Official

On By IA360 Staff

An audit report found that weak oversight by the St. Louis city council and then-city auditor led to abuses by former-county executive Steven Stenger, who pleaded guilty to three federal counts of pay-to-play schemes that cost taxpayers between $250,000 and $550,000. The audit, conducted by Missouri Auditor Nicole Galloway’s office, Read More

precious metals

Scotiabank To Pay $127 Million Fine For Precious Metal Price Manipulation

On By IA360 Staff

Canadian bank Scotiabank will pay $127 million to the Department of Justice to settle charges manipulating prices of precious metals. Four traders at the bank allegedly manipulated thousands of orders for precious metals futures contracts over an eight-year period. The bank was also charged with making false statements and incomplete Read More