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Former Vitol Group oil trader Javier Aguilar has pleaded guilty to two cases of bribery in federal court, potentially facing up to 40 years in prison and forfeiting over $7.1 million. Aguilar had already been convicted in Brooklyn for orchestrating a scheme to bribe Mexican and Ecuadorian officials, and he pleaded guilty to a second set of charges in Texas. Prosecutors alleged that Aguilar gave cash payments in various locations as part of a scheme to secure $500 million in business. Vitol, the world's largest independent oil trader, settled with the US Justice Department in 2020 for $160 million over bribery allegations. [Extracted from the article]

Former Vitol Group oil trader Javier Aguilar has pleaded guilty to two US bribery cases and could face up to 40 years in prison. Aguilar had already been convicted in Brooklyn for orchestrating a scheme to bribe Mexican and Ecuadorian officials, and he pleaded guilty to a second set of charges in Texas. The charges include conspiracy, foreign bribery, and money laundering. Aguilar's guilty plea resolves all pending charges against him, and his lawyer expressed confidence in a fair sentence. Vitol, the world's largest independent oil trader, reached a $160 million settlement with the DOJ in 2020 over bribery allegations. [Extracted from the article]

Donald Trump's sentencing in his New York hush-money case, scheduled for July 11, is likely to be delayed due to the US Supreme Court ruling on presidential immunity in criminal cases. Prosecutors have stated that they will not oppose a delay and are prepared to respond to Trump's request to overturn his conviction by July 24. The Supreme Court's decision, which grants presidents some immunity for official acts while in office, may impact the evidence and testimony in the hush-money case. The final decision on the delay rests with Judge Juan Merchan, who oversaw the trial. [Extracted from the article]

(Bloomberg) -- The Manhattan District Attorney said Donald Trump's July 11 sentencing in the New York hush-money case can be delayed after a US Supreme Court ruling on presidential immunity.Prosecutors said in a letter Tuesday that Trump's request to toss his conviction on 34 felonies should be fully briefed for the court by July 24.©2024 Bloomberg L.P.By Anthony AaronsReported by Author [Extracted from the article]

(Bloomberg) -- Twelve jurors and one alternate have been selected for Donald Trump's hush-money trial in New York.Another 100 potential jurors will be called in Friday to fill the remaining five alternate slots. Opening arguments could start in the case as soon as Monday.©2024 Bloomberg L.P.By Anthony AaronsReported by Author [Extracted from the article]

Mark Zuckerberg, CEO of Meta Platforms Inc., vetoed a proposal to ban filters that simulate plastic surgery effects on Facebook and Instagram, despite concerns about the potential harm to girls' mental health, according to a lawsuit filed by over 30 US states. The lawsuit also alleges that Meta misrepresented the safety of its platforms and targeted young users. Meta has stated that it is committed to keeping teens safe online and has implemented tools to support them. The lawsuit adds to the growing scrutiny of social media giants and their treatment of young users. [Extracted from the article]

(Bloomberg) -- Sam Bankman-Fried was convicted of a massive fraud that led to the collapse of his FTX exchange, following a monthlong trial that pitted the testimony of the former crypto king against that of some of his closest friends. Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday. [Extracted from the article]

Judge Lewis Kaplan said he wanted to decide whether Bankman-Fried's anticipated testimony on legal advice he received while head of FTX was relevant to the case. (Bloomberg) -- Sam Bankman-Fried's testimony to the jury was delayed at the last minute by a judge who wanted to review some issues before it was presented to the panel. [Extracted from the article]

(Bloomberg) -- A visiting Brazilian attorney who was working at Gibson, Dunn & Crutcher in the US has been charged with insider trading for buying and selling shares of a company represented by the law firm. Costa was a lawyer in Brazil who had been working in the US as a visiting attorney since September 2022. [Extracted from the article]

Costa was a lawyer in Brazil who had been working in the US as a visiting attorney since September 2022. (Bloomberg) -- A Brazilian attorney who was working at Gibson, Dunn & Crutcher has been charged with insider trading for buying and selling shares of a company represented by the law firm. [Extracted from the article]