Fraud
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Bunkering
Danish state prosecutor charges former OW Bunker CEO and execs
Denmark’s state prosecutor for serious economic and international crime (SØIK) has pressed charges against the former CEO of now-bankrupt OW…
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Asia
Former Tanjung Offshore MD faces fraud charges
Harzani Azmi, former managing director of Tanjung Offshore, has been charged with fraud and money laundering by a local court…
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Dry Cargo
NewLead announces failed coal mine deal ahead of CEO’s deposition
NewLead Holdings says it failed to complete the acquisition of a coal mine in Kentucky during 2013. The statement comes…
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Europe
Danish court convicts former Maersk Drilling rig manager of $3.5m fraud
A court in Denmark has found a Russian national guilty of defrauding Maersk Drilling out of some DKK 23m ($3.5m).…
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Europe
Hackers steal $644,000 from a Cyprus shipping company
Hackers posing as a bunker supplier have stolen $644,000 from an unnamed shipping company based in Limassol, Cyprus. The shipping company…
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Americas
NewLead JMEG concedes liability in breach of contract litigation
Athens: After a long-running court case, NewLead JMEG has filed a stipulation of liability in the breach of contract court…
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Dry Cargo
Atlantska Plovidba denies share trading ‘irregularities’
Athens: Croatia’s Atlantska Plovidba has denied media speculation of irregularities in share transfers made by company executives in 2014. The speculation stems…
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Americas
NewLead defence attorneys gain permission to withdraw
Athens: NewLead’s defence attorneys Reed Smith yesterday received permission to withdraw from the breach of contract case brought by TransAsia…
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Americas
NewLead’s defence attorneys apply for resignation
Athens: Legal firm Reed Smith has applied to be relieved as counsel in an ongoing New York Supreme Court case,…
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Americas
Court orders NewLead JMEG to hand over evidence
Athens: NewLead JMEG, a coal mining joint venture with NewLead Holdings; its chief executive Jan Berkowitz and Michael Zolotas, CEO…
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Americas
NewLead accused of fraud as litigation continues
Athens: An ongoing breach of contract litigation in New York has been beset with fraud allegations related to a NewLead Holdings company…
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