iOS app Android app

Fraud

FBI Hunting For Mortgage Fraud Kingpin Who Owes $95 Million

The Huffington Post | Ashley Woods | Posted 12.23.2013 | Business

A 46-year-old man who was convicted after running a massive mortgage fraud operation never showed up to serve his prison sentence -- and the FBI is no...

4 Business Rip-offs and How to Dodge Them

Robert Siciliano | Posted 02.16.2014 | Business
Robert Siciliano

Each year, small businesses in America lose billions of dollars unnecessarily--and unless they're aware of the risks, companies around the country con...

Lack of "Identity Proofing" leads to Fraud

Robert Siciliano | Posted 02.13.2014 | Crime
Robert Siciliano

Currently citizens have yet to be identified. And not even various U.S. states are willing to cooperate. Real ID Act Implementation of the Real ...

Republicans Cry Fraud

Jim Worth | Posted 02.03.2014 | Politics
Jim Worth

The clarion call from Republicans: Fraud! Using fear in promoting selfish and ultimately destructive policies has become the GOP methodology -- the b...

The Next President of Honduras: Juan Orlando Hernández

Marco Cáceres | Posted 01.26.2014 | World
Marco Cáceres

With at least 66.7 percent of the 3,233,000 votes cast in Sunday's presidential election in Honduras counted and reported, it is abundantly clear now that National Party candidate Juan Orlando Hernández is the winner.

Honduras Election: Proclaiming Victory a Little Early

Marco Cáceres | Posted 01.25.2014 | World
Marco Cáceres

With less than 50 percent of the total votes cast in yesterday's presidential election in Honduras counted, Juan Orlando Hernández, at about about 9:...

Nonprofits' Work to Prevent Bad Acts Is Never Done

Tim Delaney | Posted 01.23.2014 | Impact
Tim Delaney

Nonprofit board members, leaders, funders, volunteers, donors, and regulators are all in this together, so let's take proactive steps to prevent fraud and ensure that nonprofits are living up to the high standards the public expects and deserves.

Baby Boomers Beware: Scammers Are After Your Parents' Money

Adam Levin | Posted 02.13.2014 | Money
Adam Levin

Many people step up to act as their parents' (or other loved ones') financial guardians without thinking through the ramifications -- in particular, the serious commitment of time and effort required to manage the finances of a second household.

Setting the Record Straight: BofA's Rebecca Mairone Found Liable for Fraud

L. Randall Wray | Posted 09.19.2014 | Business
L. Randall Wray

Bank of America specialized in making mortgages with terms that the loan officers and executives like Mairone knew the borrowers could not possibly service. Fraud was the business model. Foreclosure was the expected result.

If They Won't Put It in Writing Then Be Afraid

Howard Steven Friedman | Posted 01.23.2014 | Business
Howard Steven Friedman

I'll stick to a simple rule of thumb. If someone won't put a questionable instruction in writing and there are no clear policies or guidelines to support that instruction, then I'll let my moral compass guide me.

Obama's Closing the Small Business Administration, Why Is the Media Helping?

Lloyd Chapman | Posted 01.23.2014 | Small Business
Lloyd Chapman

Here is the truth that you will never hear or see in any story in the mainstream media about why President Obama wants to close the SBA.

Whistleblower Lynn Szymoniak, Accused Shyster

Richard Zombeck | Posted 01.23.2014 | Business
Richard Zombeck

Everyone should be pissed off that this happened. The attorneys generals, Szymoniak's attorneys, homeowners, homeowner advocates, and taxpayers should all be pissed off that an attorney took advantage of a client to essentially walk away with $18 million and accept the title of hero.

Obama Revives Ronald Reagan's Plan to Kill Small Business Programs

Lloyd Chapman | Posted 01.23.2014 | Politics
Lloyd Chapman

President Obama has revived a plan Ronald Reagan used to try and end all federal programs for the nation's 28 million small businesses. President Reag...

Obama Small Business Administration Shutdown Will Go Unreported in Mainstream Media

Lloyd Chapman | Posted 11.26.2013 | Politics
Lloyd Chapman

One journalist from the mainstream media could save the SBA and all the federal programs to assist the 28 million small business that create over 90 percent of net new jobs in America. Just one. Don't hold your breath.

SBA Fraud and Potential Closure Reveal True Small Business Advocates

Lloyd Chapman | Posted 11.25.2013 | Small Business
Lloyd Chapman

The Small Business Administration (SBA) is the only government agency to assist the nation's 28 million small businesses. President Obama is proposing to close it. Now, who is objecting to that plan?

Sentenced!

Reuters | Posted 11.19.2013 | Miami

By Zachary Fagenson MIAMI, Sept 18 (Reuters) - A Miami businessman was sentenced to 12-1/2 years in prison for his role in a $40 milli...

Schemers and Dreamers

Schuyler M. Moore | Posted 09.05.2013 | Entertainment
Schuyler M. Moore

More than one film has had to have the plug pulled in mid-production because someone made the sorry mistake of relying on the words "trust me."

Jon Corzine's Crash and Burn of MF Global: Book Review of The Money Noose by Scott E.D. Skyrm

James Grundvig | Posted 11.05.2013 | Books
James Grundvig

The long arm of the law has been the slow arm of the law in dealing with the collapse of MF Global, among other Wall Street firms that critics and the Occupy movement blamed for the economic meltdown in 2008.

SBA Administrator Leaves Agency with Legacy of Fraud and No Successor

Lloyd Chapman | Posted 10.29.2013 | Business
Lloyd Chapman

Ronald Reagan tried to close the SBA by combining it with the Department of Commerce. An old trick in D.C. is to close an agency the public doesn't want closed by saying it's being combining with another agency.

Bernanke's Deposition: AIG, Goldman, Merrill and Bailouts

Janet Tavakoli | Posted 02.24.2014 | Business
Janet Tavakoli

The SEC has lost steam in its already very weak push against mortgage lenders and the investment banks that supplied them with money for alleged fraudulent lending.

Pentagon PR Heavyweight Takes Over SBA Press Office, Why?

Lloyd Chapman | Posted 10.27.2013 | Small Business
Lloyd Chapman

The most powerful and experienced public relations officer from the Pentagon has taken over the Small Business Administration (SBA) press office. Why?

Obama's Plan to Close the SBA Will Sink the Economy and His Approval Rating

Lloyd Chapman | Posted 10.23.2013 | Small Business
Lloyd Chapman

The one and only agency in Washington to assist the 28 million American small businesses is the SBA. The agency is charged with managing the single largest economic stimulus program in U.S. history to assist small businesses.

Obama Wants to Close the SBA to Cover Up Fraud, Not Save Money

Lloyd Chapman | Posted 10.21.2013 | Small Business
Lloyd Chapman

Could it be that President Obama intends to try and close the only agency in Washington that assists the nation's 28 million small businesses?

Did A Former Assistant Steal $6.5 Million Worth Of Art From Jasper Johns?

AP | Posted 10.16.2013 | Arts

NEW YORK -- A former assistant to Jasper Johns has been charged with selling 22 works he allegedly stole from the pop artist's Connecticut studio. Th...

Paintings By Warhol and Rothko Surrendered In Massive Fraud Scheme

AP | ULA ILNYTZKY | Posted 08.12.2013 | Arts

NEW YORK -- Eighteen contemporary artworks have been transferred to a hedge fund victimized in a massive $400 million fraud scheme, the Manhattan U.S....