Brett_Tabke - 1:35 am on May 13, 2011 (gmt 0)
System: The following message was cut out of thread at: http://www.webmasterworld.com/goog/4310664.htm [webmasterworld.com] by brett_tabke - 8:36 pm on May 12, 2011 (cst -5)
Wall Street Journal:
Google Inc. is close to settling a U.S. criminal investigation into allegations it made hundreds of millions of dollars by accepting ads from online pharmacies that break U.S. laws, according to people familiar with the matter.
The Internet company disclosed in a cryptic regulatory filing earlier this week that it was setting aside $500 million to potentially resolve a case with the Justice Department. A payment of that size would be among the highest penalties paid by companies in disputes with the U.S. government.
Google gave few details in its filing about the probe, saying only that it involved "the use of Google advertising by certain advertisers."
The federal investigation has examined whether Google knowingly accepted ads from online pharmacies, based in Canada and elsewhere, that violated U.S. laws, according to the people familiar with the matter.