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Vatican Official Arrested In Alleged Corruption Plot

AP | NICOLE WINFIELD | Posted 08.27.2013 | Religion

VATICAN CITY — The plot involved an armed police escort, a wealthy shipping family and a plan to secretly transport $26 million (20 million euro...

How to Spot and Prevent Senior Financial Fraud

Jim T. Miller | Posted 08.17.2013 | Fifty
Jim T. Miller

Spotting a scam or a con artist is not always easy to do. They range from shady financial advisers to slick-talking telemarketers to professional caregivers and relatives who steal from the very people they're supposed to be looking after.

You Can Handle the Truth

Mark Olmsted | Posted 08.12.2013 | Books
Mark Olmsted

Remember when Lucy lost that bet and had to tell the truth for a day? She told Ethel her true hair color was mousy brown, her real age was 33 and admitted she'd described Carolyn Appleby's new furniture as a nightmare you had after eating Chinese food.

What Post 50s Are Tired Of Hearing Politicians Say

A. Barry Rand | Posted 08.13.2013 | Fifty
A. Barry Rand

Americans are tired of hearing politicians say that the only way to strengthen Medicare is to cut benefits and make older people and future retirees pay more. And, they overwhelmingly oppose a current proposal to cut Social Security as part of a deal to reduce the deficit. There's a better way.

Should the Federal Government Be Giving Small Business Contracts to Fortune 500 Firms?

Lloyd Chapman | Posted 07.23.2013 | Small Business
Lloyd Chapman

Ever since the economy took a nosedive in 2008, I have watched with total amazement as presidents, Congress, economists and the mainstream media have totally and completely ignored the single most important factor in the U.S. economy: Small businesses create virtually 100 percent of the net new jobs in America.

Bowlers for Bankers? Don't Import Failed UK Governance Cliches

Jeffrey Sonnenfeld | Posted 07.14.2013 | Business
Jeffrey Sonnenfeld

JP Morgan's Jamie Dimon is just the lastest to be ensnarled by the annual "separate the roles" campaign -- independent of lack of evidence these arrangements improve governance.

Obama Officials Announce Big Busts In Medicare Fraud Crackdown

AP | KELLI KENNEDY and PETE YOST | Posted 05.14.2013 | Politics

WASHINGTON -- Nearly 100 people, including 14 doctors and nurses, were charged for their roles in separate Medicare scams that collectively billed the...

Big Pharma CEOs Rake in $1.57 Billion in Pay

Ethan Rome | Posted 07.08.2013 | Business
Ethan Rome

For people who were blown away to learn recently that the 11 largest global pharmaceutical companies made an astonishing $711 billion in profits over the last decade, here's another measure of the industry's greed.

8 Simple Steps To Guard Against Identity Theft When You Travel

Jim T. Miller | Posted 07.05.2013 | Fifty
Jim T. Miller

Most people don't realize that when you travel, your risk of identity theft increases. Here are a few simple steps you can take to protect yourself while you're away.

Should You 'Freeze' Your Credit Reports?

Jason Alderman | Posted 07.01.2013 | Business
Jason Alderman

Before you go to the trouble and expense of doing a credit freeze, you should understand how the process works and be aware of several inconveniences you might experience.

What If George Akerlof Had Written About Lethal 'Lemons'?

William K. Black | Posted 06.29.2013 | Business
William K. Black

If you have studied economics at the university level in the last 35 years, it is likely you were introduced to the concept of "asymmetrical information" and George Akerlof's famous 1970 article on markets for "lemons."

Who Owns Haiti's Future?

Georgianne Nienaber | Posted 06.26.2013 | Impact
Georgianne Nienaber

Three years and $6 billon later, we remain with the same questions and a very troubling report about USAID from CEPR. The big question remains. Who is capable of charting the way forward for Haiti?

Where Is the Scrutiny of Crop Insurance Fraud?

Donald Carr | Posted 06.22.2013 | Politics
Donald Carr

Minnesota Congressman Colin Peterson (D-Minn.) struck a nerve this month when he said that "there is five times as much fraud" in the federal crop insurance program as there is the Supplemental Nutritional Assistance Program.

Education and Enron: Celebrity, Cash and Character

Terry Newell | Posted 06.22.2013 | Impact
Terry Newell

In schools, as at Enron, the way we select and assess top leaders and accord them recognition needs examination as well. When leaders' desire for celebrity trumps the importance of character, look for trouble.

NY Area Doctor Admits Record $19 Million Fraud

AP | Posted 04.10.2013 | Crime

NEWARK, N.J. -- A cardiologist with offices in New York and New Jersey has admitted taking part in a scheme that subjected thousands of patients to un...

Employment-Related Identity Theft Gets Harder

Russ Warner | Posted 06.05.2013 | Technology
Russ Warner

The Social Security Administration (SSA) has now added a new tool on their web site for tax-payers to detect employment-related identity theft. Your online account, known as "my Social Security," can give you access to your yearly earnings statement, among other things.

Fiduciary Duty to Cheat? Famed Short Seller Jim Chanos Reveals the Perverse New Mindset of Financial Fraudsters

Lynn Parramore | Posted 06.03.2013 | Business
Lynn Parramore

I caught up with Chanos in his New York office to ask what's driving the current era of rampant fraud, who is to blame, what can be done, and the ways in which fraud costs us financially and socially.

Why Are There So Many Veteran Charity Scams?

Lisa Cypers Kamen, MA | Posted 05.21.2013 | Impact
Lisa Cypers Kamen, MA

Nearly half of the 39 veterans charities that the American Institute of Philanthropy rated in April/May 2011 were given big fat Fs. Why did they fail? In most cases, the money backed fundraising campaigns and executives, not veterans.

'Rogue Financier' Indicted In $200 Million Fraud

Reuters | Posted 05.20.2013 | Business

By Jonathan Stempel March 20 (Reuters) - Florian Homm, a flamboyant hedge fund manager who was arrested in Italy this month after five...

Applause for the Moral Paupers?

Blake Page | Posted 05.19.2013 | Politics
Blake Page

Although there is much praise due to those who posses the courage to face physical danger for the benefit of others, the trait of physical courage does not translate directly into moral courage.

Jamaica Comes Down Tough on 'Lottery Scams'

Ambassador Stephen Vasciannie | Posted 05.14.2013 | World
Ambassador Stephen Vasciannie

This week, the Senate Special Committee on Aging held an important hearing on the recent scourge of phone fraud schemes, which target U.S. seniors. Jamaica is committed to ending these attacks, and we believe that these tough new measures will help in this fight.

Coping With the Minefield: Confronting Investors

Dan Solin | Posted 05.12.2013 | Business
Dan Solin

I asked him what would happen to his family if he died or became disabled. He told me they would be "in dire straits." I inquired about insurance. He had none.

Anti-Fraud Effort Touts Success

AP | Posted 05.08.2013 | Politics

WASHINGTON — The Justice Department's consumer protection initiatives have recovered more than $5.89 billion since 2009 and have led to more tha...

The Nuke Plan to Nowhere

William Hartung | Posted 05.04.2013 | Politics
William Hartung

If Congress wants to cut the deficit intelligently, it should be finding ways to eliminate unnecessary and poorly managed projects in the nuclear weapons complex, not shielding nuclear programs from budget reductions.

Ex-'Entrepreneur Of The Year' Pleads Guilty

Reuters | Posted 05.01.2013 | Miami

* Osorio pleaded guilty to charges of fraud, money laundering * Hosted Democratic Party fundraisers at his home * Forme...