Tag Archives | fraud

Swedish Prosecutors Investigate Iraqi Minister

By John Lee. Iraqi Defence Minister Najah al-Shammari is reportedly being investigated in Sweden for alleged crimes against humanity, and benefits fraud. According to The Local, an unnamed Swedish-Iraqi lawyer told Svenska Dagbladet that he had reported al-Shammari, who it said is also a Swedish citizen, to police in October for his role in the […]

Petrofac Exec admits Bribes Paid to Win Iraq Contracts

In connection with the UK Serious Fraud Office (SFO)’s ongoing investigation into Petrofac Limited and its subsidiaries (“Petrofac”), on 6 February 2019 David Lufkin, 51, a British national, and previously Global Head of Sales for Petrofac International Limited, pleaded guilty at Westminster Magistrates’ Court to eleven counts of bribery, contrary to sections 1(1) and 1(2) […]

Convictions in $600m Dinar Fraud

The co-owners and chief operating officer of one of the largest Iraqi dinar exchangers in the United States were convicted last month by a federal jury following a five-week trial. Tyson Rhame, James Shaw, and Frank Bell were each convicted of mail and wire fraud conspiracy, as well as multiple counts of mail and wire […]

UK Starts Corruption Proceedings against Unaoil

The UK’s Serious Fraud Office (SFO) has commenced criminal proceedings against Unaoil Monaco SAM and Unaoil Ltd as part of an ongoing corruption prosecution. This follows charges already brought against four individuals for alleged conspiracy to make corrupt payments to secure the award of contracts in Iraq. Unaoil Ltd has been summonsed with two offences […]

Video: Vote Fraud Allegations Trigger Recount

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq’s electoral commission says it is cancelling the results from more than 1,000 polling stations used in this month’s parliamentary vote. It says it has evidence of fraud at voting centres both in […]

US Man Charged with Illegally Exporting Firearm Parts to Iraq

An indictment was unsealed on Friday charging Ross Roggio, 49, of Stroudsburg, Pennsylvania, and Roggio Consulting Company, LLC, a firm with which Ross Roggio was associated, for alleged involvement in a conspiracy to illegally export firearm parts, firearm manufacturing tools, and “defense services,” including items used to manufacture M4 rifles, from the United States to […]

CEO Jailed for Fraud

The owner and chief executive officer of an armored vehicle company was sentenced today to 70 months in prison for his role in orchestrating a scheme to defraud the United States by providing the U.S. Department of Defense with armored gun trucks that did not meet ballistic and blast protection requirements set out in the […]

Increase in Internet Scams Entraps Naïve Baghdad Locals

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Ibrahim Saleh. An Increase In Internet Scams Entraps Naïve Baghdad Locals Over the past few months there has been an increase in stories about money-making scams on Facebook. Ill-informed […]

Two charged in UK’s Unaoil Investigation

The UK’s Serious Fraud Office (SFO) has charged two individuals in relation to the Unaoil investigation. Ziad Akle (42) and Basil Al Jarah (68) have both been charged by requisition with conspiracy to make corrupt payments to secure the award of contracts in Iraq to Unaoil’s client SBM Offshore. Akle, who resides in London, was Unaoil’s […]