Counterfeit/Forgery

A New York federal jury found a former 21st Century Fox executive guilty of bribing FIFA officials for the broadcasting rights to lucrative soccer matches, but acquitted his former subordinate on the same charges.  Hernan Lopez, the former head of subsidiary Fox International Channels, was convicted of conspiring to commit wire fraud and launder money, in a scheme to make tens of millions of dollars in illicit payments and kickbacks between 2000 and 2015 to South American soccer officials in…

Many people hoping to score a deal on Apple Inc.’s AAPL 1.37% top-of-the-line wireless earbuds are winding up with something far less valuable: counterfeit AirPods.Caroline Ballard, 26 years old, was perusing Facebook Marketplace when she came across a pair of new AirPods Pro for $80, less than a third of the $249 list price.  She arranged to meet the seller at a nearby Walgreens parking lot the same day, a move that isn’t unusual for transactions made via…

Two former executives of a 21st Century Fox subsidiary are set to go on trial beginning this week on charges that they bribed FIFA officials to secure broadcasting rights to soccer matches, the latest in a string of U.S. prosecutions alleging wide-ranging corruption in the sport’s international governing body. Hernan Lopez and Carlos Martinez, defendants in a Brooklyn federal court, are accused of working with others to make millions of dollars in illicit…

TOKYO—Toyota Motor Corp.’s chief rebuked its commercial truck unit, Hino Motors, over a scandal involving falsified fuel performance and emissions data that has led Hino to suspend most of its shipments in Japan. Hino, which is 51%-owned by Toyota, said Monday that an inspection by Japan’s Transport Ministry showed it failed to meet emissions testing requirements for one of its light-duty engine models, following similar disclosures about other models. Hino said it was suspending…