Justice Department
Merrick Garland Gets Busy
The Justice Department has a new squad of crypto-cops, a new taste for white-collar criminal enforcement, a new demand for cyber-ransom notifications. And if you happen to know where all of Tether’s money is, it would appreciate a call on that, as well.
Lying To, Overcharging Customers Sure Seems Like Wells Fargo’s Primary Strategy
Whether you’re a simple homeowner or a sophisticated investment banking client, it’s just the way Wells does business.
American Probe Into German Company Elicits German Probe Into German Company
Which is, in fairness, generally how it works at BaFin.
Peloton Gets Sucked On Subpoena Treadmill
Tread+ machines aren’t the only thing with the Peloton name on it you probably shouldn’t have bought.
If You Were Wondering: Yes, Allianz’s CEO Has Had Better Weeks
We mean, you weren’t, and you don’t care, but all the same.
Allianz Still Struggling With Terrible COVID Side Effects
Specifically, a Justice Department probe to go along with the SEC investigation and shareholder lawsuits.
![By Mike Cauldwell (https://www.casascius.com/photos.aspx) [Public domain], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTE1NTcxOTA2MDM3/bitcoins.jpg)
Stablecoins May Not Be Stable, But They Might Be Criminal
Just like all other cryptocurrencies.
![By Beyond My Ken (Own work) [GFDL or CC BY-SA 4.0-3.0-2.5-2.0-1.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MjEzNTUxMDQ0NTcy/foleysquare.jpg)
Deputizing Banks As Sheriffs Too Cute By Half, Apparently
Federal judges are proving distinctly unimpressed by cases buoyed by the Yates memo.
If You Are Go ing To (Allegedly) Illegally Work In Concert With Rivals To Avoid A Massive Hit On A Collapsing Family Office, At Least Make Sure You Avoid The Massive Hit
There’s nothing worse than getting hit with an antitrust fine on top of a multi-billion dollar loss.
Another Timely Dealbreaker Warning Not To Confess To Securities Fraud In Public
“Insider trading is part of my investment strategy” is a funny joke only if it’s not. Otherwise, it’s an admission of guilt.
Julius Baer Turns Frequent Bribery Beneficiary FIFA Into Bribery Victim
Corruption really is a beautiful game, no?
What Credit Suisse Lacks In Money Lost On Archegos It Makes Up For In Ominous Requests For Information
The Justice Department and Prudential Regulation Authority have some questions.
Allegedly Fake Companies Allegedly Bought Some Very Real, Very Fast Rides
Mustafa Qadiri (allegedly) knows what we’re talking about.
MBA Purveyor Could Have Used A Law Degree When Allegedly Deciding To Lie To B-School Rankers
U.S. News may not be a federal agency, but fibbing to them may still be fraud.
![By Chris Potter (Flickr: 3D Judges Gavel) [CC BY 2.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTIzODkyNjg0Mjc3/gavel.jpg)
Second Trial Avoided Rather Less Auspicious For Private Equity Firm Than The First
It doesn’t sound like Merrick Garland is looking as kindly on the GPB boys as Bill Barr.
Maybe It Wasn’t Such A Great Idea To Fire A Guy Who Knew About The Ponzi Payments You Were (Allegedly) Making
Because in addition to “unemployed,” he can also now call himself “whistleblower.”
Elon Musk Hopes The Fancy Dog, Surging Doge Distract Your Attention From That Hiring Discrimination Probe
The pup ate SpaceX’s subpoena!
Senator Procrastinated About Selling Stock Until He Got A Cryptic E-Mail From His Buddy, The Company’s CEO
We’re sure it just reminded David Perdue of something he was totally going to do anyway once he got around to it, and not evidence of something seriously crooked.
SEC, DoJ Looking Into Just How False Those Fraud Allegations Against Not Tesla Are
Nikola may have no revenue, but it does have subpoenas.
Pfizer Is Sure You’ll Agree That A Little Alleged Bribery Can Be Forgiven In Exchange For Saving The World
It hopes the SEC and Justice Department do, too.
Warren Buffett Wants Trump To Lose, Just, Like, Not Before He Settles This Little Sanctions Violation Thing
It’s clock-striking-midnight dealmaking time at the Justice Department.
Goldman Sachs Urges Elect To Vote, But Not Before It Squares This Nasty 1MDB Business Away
Luckily for David Solomon, Bill Barr is super-busy destroying democracy these days.