The Swiss branch of German printing press manufacturer Koenig & Bauer has agreed to pay a fine of 35 million Swiss francs (US$ 34.74 million) to end a corruption probe, Swiss authorities said.

Spain's National Court sentenced on Thursday former IMF chief Rodrigo Rato to four and a half years in prison for misusing company credit cards from two Spanish banks to pay personal expenses.

Swiss prosecutors announced Thursday that they are investigating whether private bank Lombard Odier failed to prevent the daughter of former Uzbek president Islam Karimov from laundering money.

Ontario police have arrested 18 people, seized illegals firearms and confiscated drugs worth an estimated US$ 3 million following an 18-month investigation dubbed "Project Silkstone."

U.S. authorities said Thursday they have arrested a former baggage handler at the Los Angeles International Airport for using his employee credentials to smuggle cocaine.

A leader of the Sinaloa Cartel pleaded guilty to drug trafficking and money laundering in United States federal court on Thursday, admitting he was responsible for moving tons of narcotics and millions of dollars between the U.S. and Mexico, authorities said.

Sándor Farkas, a member of the Hungarian parliament from the governing Fidesz party, omitted €4.8 million of state subsidies from his wealth declarations in the past five years, OCCRP partner Direkt36 reported Thursday.

A Vietnamese court sentenced on Wednesday two former executives of a state-owned firm to death for what local media estimates is the largest embezzlement scandal in the nation.

An Italian court sentenced on Wednesday two generations of a Ndrangheta-linked family to a total of more than 52 years in prison for running an illegal on-line gambling empire worth over US$ 65 million.

Swiss engineering company ABB accused on Wednesday an executive at its South Korean subsidiary responsible for ethics training of leading a "sophisticated criminal scheme" to steal millions.