Ericsson Allocates $220mn for More Corruption Penalties
A monitoring regime that was meant to address past failings did not identify or disclose bribes paid to terrorists in Iraq.
Huawei, Iran and Intellectual Property Theft
Huawei CFO Meng Wanzhou is free after years of battling extradition to the USA but that does not make her innocent.
Saudi Twitter Spy Given Over 3 Years in Prison
Bader Al-Asaker, confidante of the ruler of Saudi Arabia, recruited US-Lebanese Twitter employee Ahmad Abouammo to feed information about Saudi dissidents.
How Telcos Could Lose Billions from Ultrafast Transactions
James Zhong stole USD3.3bn in cryptocurrency by executing many rapid withdrawals from online accounts.
Why Does the US Media Refuse to Tell the Full Truth about Robocaller Roy Cox Jr?
Authorities praised for finding a man who made 8bn illegal calls should also be criticized for the failure to punish him earlier.
T-Mobile US Offers $350mn Settlement for Data Breach
The mobile operator will also spend another $150mn on upgrading security following a 2021 privacy breach that compromised data relating to 76.6 million people.
Scammer Made $100mn Importing Fraudulent Cisco Equipment from China to US
Onur Aksoy is charged with selling knock-off Cisco equipment that had been disguised in China to look like the latest tech.
Will Bribery Sink Ericsson’s $6bn Vonage Acquisition?
Ericsson and Vonage have given themselves another 3 months to close their deal whilst US authorities are clearly taking a close look at further revelations about Ericsson wrongdoing.
US Says No Need for Telcos to Pay $3.3mn Illegal Robocall Penalty If They Cannot Afford It
What is the point of calculating a hefty nominal punishment if it can be neutralized by showing an empty bank statement?
Ericsson Faces More Corruption Investigations
Swedish prosecutors have announced they are investigating Ericsson’s activities in Iraq, including suspected payments to Islamic State.