Fines

Big Retailers Fined for Pushing Phony Bamboo Fabrics

Macy's, Amazon and Sears have all agreed to fork over hundreds of thousands of dollars each in fines after the Federal Trade Commission busted them for passing off Rayon fabrics as genuine, environmentally friendly bamboo.

Why the Whole NFL Could End Up Paying for Saints' Bounties

The NFL scandal over bounties has put big money at risk -- not just for the New Orleans Saints, but for the whole league. With so much ad revenue at stake, it's no wonder the NFL is pushing so hard against any offensive behavior.

More Last-Minute Cancellations Ahead for Flyers?

Holiday air travelers getting ready to head to the airports may want to prepare for long delays. But government fines for keeping you waiting too long may lead some airlines to just cancel some flights instead.

Government Recoups $4 Billion from Health Care Fraud Cases

The government recouped a staggering $4 billion in fiscal 2010 that was stolen from federal health care programs, the departments of Justice and Health and Human Services announced Monday -- the highest annual amount ever. More than half of the fraud money recovered came from drug companies.

Verizon Fined $25 Million by FCC for Data Download Overcharges

Verizon was today fined a record $25 million by the Federal Communications Commission and agreed to refund an additional $52.8 million to customers to settle allegations that the largest U.S. mobile-phone company overcharged customers for data fees.

Fraud Files: Feds Crack Down on Overseas Bribes

The Foreign Corrupt Practices Act makes it illegal for companies to pay foreign officials to get or retain business, and the U.S. government has been stepping up FCPA enforcement actions: More than three times as many FCPA cases were brought in 2009 than were filed in 2005.