The fake financial company goes by the name "Goldman Sachs (Shenzhen) Financial Leasing Co" and holds office in Shenzhen. Little was known of the counterfeit institution but before its web site went down on Wednesday, it claimed to have been established in 2013. It also makes itself more likable by saying that it is "the biggest financial leasing firm" in the place.
Legal & Regulatory
Ex-Sony Pictures employees filed a class action lawsuit settlement over "The Interview" hacking
Ex-Sony Pictures Entertainment employees filed a proposed class action lawsuit on Wednesday regarding the breach of records with the entertainment company in U.S. District Court in Los Angeles.
Rolls-Royce dragged into Brazil's corruption scandal, accused of giving kickbacks to authorities investigating Petrobras
British engineering crown jewel Rolls-Royce is dragged into the giant Brazilian scandal, as it has been accused of giving kickbacks to officials involved in the state-owned oil giant Petrobras.
Irish Gambler John McManus seeks $5.22 Million tax refund from IRS citing international treaty
One of Ireland's richest persons, John P. McManus, seeks $5.2 million from the U.S. government after it was wrongfully withheld from his $17.4 million gambling winnings to cover taxes.
KMART pays $1.4M under False Claims Act
Giant U.S. discount department store KMART Corp. paid $1.4 million for violating the False Claims Act by illegally using promotional materials to convince Medicare beneficiaries to fill prescriptions at its pharmacies, said the U.S. Justice Department Tuesday.
Latest News
U.S. International Trade Commission terminates the patent infringement case filed by the InterDigital Inc. against Microsoft Corporation. ITC is breaking off the import ban of Microsoft handsets.
Starkist Tuna settled a class action lawsuit for under filling its five-ounce tuna by few tenths of an ounce, and is now required to pay back consumers with cash or tuna.
FAA reported that there had been almost 700 close encounters between drones and planes. Drones have no permissions to soar the sky of more than 400 feet off the ground or within the five miles of any airport, but on the day of August 15, drones messed with air traffic in the Unites States, dozens of them.
Michael Jordan said that he was pleased with the decision of the jury to have the owners of Dominick's pay the athlete $8.9 million after using his name in an ad without his consent.
Gay couples can now collect their Social Security benefits, the government announced Thursday. According to the advisory, same-sex married couples who resides in states that haven't yet legalized their unions and who have filed claims for their Social Security benefits can now get those payments.
Several countries including the US told a global anti-money laundering organization that they should delete the public warning it had given last June to various financial institutions regarding corruption in soccer.
Citigroup has agreed to pay almost $180 million to investors to settle allegations of making false representations on hedge funds that collapsed during the financial crisis.
The Federal Communications Commission announced Monday that Dish Network Corp. can't avail the $3.3 billion credit to acquire the airwaves it gained through a government auction.
Bankruptcy has been a part of every business even an individual's life and most of the time is hard to avoid. Generally, seeking the help of a bankruptcy lawyer as one declares bankruptcy would definitely ease the burden.
