Corporate crime

Spanish prosecutors accuse Real Madrid coach Carlo Ancelotti of alleged tax fraud

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BARCELONA, Spain — Spanish state prosecutors have accused Real Madrid coach Carlo Ancelotti of alleged tax fraud, claiming he used shell companies to hide parts of his income during his first stint at the club a decade ago. Prosecutors in Madrid said in a statement Wednesday that they are accusing Ancelotti of two accounts of … Read more

Executive is convicted of insider trading related to medical device firm acquisition

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ST. PAUL, Minn. — An executive at a medical device company has been convicted in Minnesota of insider trading for a scheme involving negotiations for the acquisition of the firm that was valued at $1.6 billion, federal prosecutors said Tuesday. Doron Tavlin was a vice president for business development at the Minneapolis office of Mazor … Read more