Tag: fraud

CEO of Kenya’s Baracuda Airways Arrested For Fraud

Reading Time: 1 minute The Chief Executive Officer of Kenyan start-up Baracuda Airways has been arrested on allegations of fraud, reports ch-aviation. John Majiwa was tracked down and taken into custody this past weekend and has been charged with scamming more than forty investors out of KES200 million (USD1.9 million), according to Kenyan newspaper The Star. The Kenyan Flying […]

Britain Launches Fraud Probe Into Airbus: Serious Fraud Office

Reading Time: 1 minute Britain’s Serious Fraud Office said on Sunday it had opened a criminal probe into Airbus Group, investigating allegations of fraud, bribery and corruption. “These allegations relate to irregularities concerning third party consultants,” the SFO said in a statement. The authority said it opened the investigation in July and asked anyone with relevant information to come […]