Company insider pleads guilty to diverting products to Ch

The Justice Department today announced that Pen Yu, also known as Ben Yu, 51, of Gibsonton, Florida, and Gregory Muñoz, 45, of Minneola, Florida, have each pleaded guilty to one count of wire fraud conspiracy for their roles in a scheme to fraudulently procure deeply discounted products from Massachusetts biochemical company Sigma-Aldrich Inc.,...
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U.S. officials warn companies that undersea telecom cables are vulnerable to monitoring and tampering by China

U.S. officials are privately delivering an unusual warning to telecommunications companies: Undersea cables that ferry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships. Over 400 undersea cables carry all international internet traffic globally, according to data from TeleGeography, a Washington-based telecommunications research firm, as quoted...
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SEC charges wealth management firm founder for failure to disclose conflicts of interest


The Securities and Exchange Commission today announced settled charges against New York-based registered investment adviser Hudson Valley Wealth Management Inc. and its founder, Christopher Conover, for breaching their fiduciary duties by failing to disclose conflicts of interest and making misleading statements to their clients. To settle the charges, Hudson Valley agreed...
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