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Antitrust Division: Press Releases
Press releases issued by the Antitrust Division.
- Local Businessman Sentenced to 5 Years in Prison for Fraud & Bribery Involving Federal "E-Rate" Funds
R. Clay Harris, 56, of Peachtree City, Ga., was sentenced today by United States District Judge Clarence Cooper on charges of bribery and conspiring to bribe a former Atlanta Public Schools (APS) official and to deprive APS and the citizens of Atlanta of that official’s honest services. - A U.S. Army Reserve Major Pleads Guilty for Role in Bribery Schemes Involving Department of Defense Contracts in Iraq
A major in the U.S. Army Reserve, Theresa Jeanne Baker, pleaded guilty today for her role in two bribery schemes involving U.S. Department of Defense (DOD) contracts at Camp Victory, Iraq, the Department of Justice announced today. - Justice Department Files Antitrust Lawsuit Against Microsemi Corporation
The Department of Justice filed a civil antitrust lawsuit today against Microsemi Corporation alleging that through its acquisition of Semicoa Inc. assets, Microsemi eliminated or reduced competition in the development, manufacture and sale of certain semiconductor devices used in military and space programs essential to the security of the United States. - Former Executive of Soil Remediation Sub-Contractor Pleads Guilty to Defrauding the U.S. Environment Protection Agency
A former Vice President of Business Development for a Canadabased company that treats and disposes of contaminated soils pleaded guilty today to participating in a fraud conspiracy at an Environmental Protection Agency (EPA)-designated Superfund site located in Manville, N.J., the Department of Justice announced. - California Executive Pleads Guilty to Fraud in Connection with Sales of Parts from China
The president of a southern California company pleaded guilty to engaging in a conspiracy to commit honest services wire fraud by depriving a manufacturing company of the honest services of its employee, the Department of Justice announced today. - Investment Funds Will Pay Civil Penalties Totaling $800,000 for Violating Antitrust Premerger Notification Requirements
Two related investment funds will pay civil penalties totaling $800,000 to settle charges that they violated premerger reporting requirements, the Department of Justice announced today. - Justice Department Requires Divestitures in Acquisition of National City Corporation by The PNC Financial Services Group
The Department of Justice announced today that The PNC Financial Services Group Inc. and National City Corporation have agreed to sell 61 of National City’s branch banking offices in western Pennsylvania, with deposits that totaled approximately $4.1 billion as of June 30, 2008, in order to resolve competitive concerns about the companies’ pending merger. - Former South Carolina School District Official Sentenced to Two Years in Jail for Role in Scheme to Defraud the Federal E-Rate Program
A former South Carolina school district official was sentenced to serve two years in jail and to pay $468,496 in restitution for using the mail to submit fraudulent applications for E-Rate funding on behalf of Bamberg County School District One in Bamberg, S.C., the Department of Justice announced today. - Japanese Executive Pleads Guilty, Sentenced to Two Years in Jail for Participating in Conspiracies to Rig Bids and Bribe Foreign Officials to Purchase Marine Hose and Related Products
A Tokyo executive of a rubber products manufacturing company pleaded guilty and was sentenced to serve two years in jail and to pay an $80,000 criminal fine for participating in two conspiracies to rig bids and bribe foreign government officials affecting the sale of marine hose and other industrial rubber products manufactured by the company and sold throughout the world, the Department of Justice announced today. - New Jersey Man Charged in Tomato Industry Probe with Racketeering, Money Laundering and Antitrust Violations
A New Jersey processed tomato products broker has been charged with participating in conspiracies involving racketeering, price fixing, bid rigging and contract allocation, and with money laundering, in the processed tomato products industry, U.S. Attorney for the Eastern District of California, McGregor W. Scott, and Acting Assistant Attorney General for the Department's Antitrust Division, Deborah A. Garza, announced today. - Justice Department Requires Divestitures in Republic's Acquisition of Allied Waste
The Department of Justice announced today that it has reached a settlement that will require Republic Services Inc. and Allied Waste Industries Inc. to divest commercial waste collection and disposal assets, serving 15 metropolitan areas, in order to proceed with Republic's proposed $4.5 billion acquisition of Allied. - British Marine Hose Manufacturer Agrees to Plead Guilty and Pay $4.5 Million for Participating in Worldwide Bid-Rigging Conspiracy
A British marine hose manufacturer has agreed to plead guilty and pay $4.54 million in criminal fines for participating in a conspiracy to rig bids, fix prices and allocate market shares of marine hose sold in the United States and elsewhere, the Department of Justice announced today. - Justice Department Will Not Challenge Formation of Consortium of Commercial Insurers
The Department of Justice announced today that it will not challenge a proposal by the Ivy Capital Group, LLC (Ivy) to form a consortium that will offer business insurance policies to large companies. - California Executive Agrees to Plead Guilty to Bid Rigging on Contracts with the U.S. Navy and Others
The former president of a California marine products company has agreed to plead guilty for his role in a conspiracy to rig bids and allocate customers with respect to marine products purchased by the U.S. Navy, the U.S. Coast Guard and other public and private entities, the Department of Justice announced today. - Justice Department Issues Report on Telecommunications Symposium
The Department of Justice today issued a report on competitive developments in the telecommunications industry. The report, "Voice, Video and Broadband: The Changing Competitive Landscape and Its Impact on Consumers," is the result of a Telecommunications Symposium hosted by the Department on Nov. 29, 2007. - Justice Department Requires Divestiture in InBev's Acquisition of Anheuser-Busch
The Department of Justice announced today that it will require InBev N.V./S.A. to divest subsidiary Labatt USA, along with a license to brew, market, promote and sell Labatt brand beer for consumption in the United States, in order to proceed with InBev's $52 billion acquisition of Anheuser-Busch Companies Inc. - Remarks Prepared for Delivery by Assistant Attorney General Thomas O. Barnett at a Press Conference Regarding LG, Sharp and Chunghwa's Agreements to Plead Guilty in LCD Price-Fixing Conspiracies
Today, we are taking action against several international cartels involving a $70 billion dollar a year industry involving liquid crystal display panels, more commonly known as LCD panels. Three leading electronics manufacturers–LG Display Company Limited, Sharp Corporation and Chunghwa Picture Tubes Limited–have agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in several distinct conspiracies to fix the prices of LCD panels. - LG, Sharp, Chunghwa Agree to Plead Guilty, Pay Total of $585 Million in Fines for Participating in LCD Price-Fixing Conspiracies
Three leading electronics manufacturers–LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd.–have agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in conspiracies to fix prices in the sale of liquid crystal display (LCD) panels, the Department of Justice announced. Of the $585 million in fines, LG will pay $400 million, the second highest criminal fine ever imposed