Kickbacks

'Staggering' Fraud Uncovered At Army Corps Of Engineers

HuffingtonPost.com | John Rudolf | Posted 12.05.2011

Read More: Kerry Khan, Harold Babb, Government Contracting, Ronald Machen, Kickbacks, Eyaktek, Michael Alexander, Bribery, Army Corps of Engineers, Lee Khan, Crime News

Two senior employees at the U.S. Army Corps of Engineers bilked the government out of $20 million through a "brazen" bribery and kickback scheme, fede...

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Major Banks Engineered Decade-Long Kickback Scheme, Investigators Say

American Banker | Jeff Horwitz | Posted 11.06.2011

Read More: Kickbacks, Countrywide, Major Banks, Wells Fargo, SunTrust Banks, Real-Estate-Settlement-Procedures-Act, Banks, Big Banks, Citigroup, Department of Housing and Urban Development, Business News

Many of the country's largest banks received $6 billion in kickbacks from mortgage insurers over the course of a decade, according to a previously und...

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Johnson & Johnson Settles Foreign Bribery Charges

Posted 06.08.2011

Read More: Johnson and Johnson, Kickbacks, Securites and Exchange Commission, US Charged, Criminal Charges, Obama Administration, Sec, Bribes, Drug Company, Justice Department, Business News

Johnson & Johnson on Friday agreed to pay $70 million to settle U.S. charges that it paid bribes and kickbacks to win business overseas, the first...

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Rattner: Cuomo's Decision To Sue 'Close To Extortion'

AP | DAVID B. CARUSO | Posted 05.25.2011

Read More: New York Attorney General, Steve Rattner, Kickbacks, Andrew Cuomo, Ny News, Andrew Cuomo Steve Rattner, New York News

NEW YORK — Former White House auto industry adviser Steven Rattner, who has been embroiled in an influence peddling scandal for nearly two years...

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Trading Places: Fraud in the Commodities Market

Vivian Norris | Posted 05.25.2011

Read More: Hsbc, Commodities, Markets, Dan Akroyd, Kickbacks, Pay-to-Play, Trading Places, Silver, Gold, JP Morgan, Eddie Murphy, Ipos, Commodity Futures Trading Commission, Manipulation, Business News

In the past six months a huge fraud concerning manipulation and racketeering in the silver market (and now it seems also gold) looks like the making of a horror film.

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WSJ Misses the Point on 401(k) Fees

Dan Solin | Posted 05.25.2011

Read More: Fiduciary, 401k Reform, 401(K), 401k Plans, 401k Fee Disclosure, 401k Advice, 401k, Kickbacks, Revenue Sharing, Business News

Full disclosure of 401(k) fees, while a step in the right direction, will do little to remedy a system that practically insures most Americans will retire, if at all, with a sharply diminished quality of life.

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SEC = Securities Executive Club

Iris Mack | Posted 05.25.2011

Read More: Auto Bailout, Sec, Lazard Freres, Kickbacks, New York Times' Publisher Arthur Sulzberger Jr, Steve Rattner, White Collar Criminals, Securities Executive Club, Mike Bloomberg, Pay-to-Play Probe, Securities and Exchange Commission, Wall Street Journal, Bob Rubin, Business News

Many people are now convinced that the SEC lets white collar criminals get away with murder. For example, the Wall Street Journal recently reported t...

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Blagojevich Trial Hasn't Filled In The Blanks

New York Times | JAMES WARREN | Posted 05.25.2011

Read More: Corruption, Bear Stearns, Trial, Lobbyists, Rnc, Bribes, Obama, Tony Rezko, Blago Trial, Springfield, Bond Sale, Patti Blagojevich, Kickbacks, Rod Blagojevich, Chicago, Jesse Jackson Jr., Senate, Rob Blagojevich, Chicago News

As Rod Blagojevich's lawyer declared to the jury in his closing argument last week, "Think about it." He wanted jurors to consider what he thinks is s...

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SUPREME COURT FINALLY GUTS HONEST-SERVICE FRAUD

Gary S. Chafetz | Posted 05.25.2011

Read More: Tribal Casinos, Jeffrey Skilling, Supreme Court, Michael Scanlon, Conrad Black, Jack Abramoff, Referral Fees, Kickbacks, Don Siegelman, Native Americans, Honest-Services Fraud, Bruce Weyhrauch, Justice Department, Rod Blogojevich, Home News

Today, in a unanimous decision, the Supreme Court gutted the honest-services fraud statute --"depriv[ing] another of the intangible right of honest se...

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Blackwater Uses the F(raud) Word

David Isenberg | Posted 05.25.2011

Read More: Fraud, Prostitution, Hurricane Katrina, Kickbacks, Afghanistan, Blackwater, Politics News

Two former Blackwater employees are charging that the private contractor billed the US to keep a Filipino prostitute on their payroll. And that's not even the most damaging charge.

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Big Pharma's Crime Spree: Drug Makers Pushing Products For Unapproved Uses

Bloomberg | David Evans | Posted 05.25.2011

Read More: Big Pharma, Alzheimer's Disease, Unapproved Uses, Doj, Drug Marketers, Criminal Lawsuit, Eli Lilly, Regulation, Fda, The Fed, Lawsuit, Pharma, Nimh, Jama, Department of Justice, Kickbacks, Federal Reserve, Fed, Bristol-Myers Squibb, Warner Lambert, Marketing, Warner-Lambert, Neurontin, Thalidomide, Depression, Bankruptcy, Off-Label Promotion, Zyprexa, Bextra, Suicide, Lilly Pfizer, Pharmacia and Upjohn, Felonies, Pharmacia & Upjohn, Bristol Myers Squibb, Morning Sickness, Drug Regulation, Profits, Health, Drug Sales, Corporate Greed, Atom Strategic Consulting, Birth Defects, Zyvox, Business News

Pfizer and Lilly lead a parade of U.S. companies that have paid $7 billion in penalties after promoting drugs for uses not approved by the FDA. This u...

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The Worst Drug Company Marketing Techniques: Kickbacks And Fraud (PHOTOS, POLL)

Posted 05.25.2011

Read More: Big Pharma, Pharmaceutical Companies, Pharmaceutical Industry, Off-Label-Promotion, Kickbacks, Slidepoll, Obama Big Pharma, Business News

The Huffington Post recently learned that pharmaceutical industry insiders are expecting the health care reform legislation agreed to between the Whit...

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Paying for Health Care -- Will Congress Have the Guts to Bust This Trust?

Martha Burk | Posted 05.25.2011

Read More: Bill Nelson, Charles Grassley, Kickbacks, Trust, Medical Device, Hospital, Health Care Reform, Gpo, Group Purchasing Organizations, Senate Fiance Committee, Health Care, Politics News

Group Purchasing Organizations negotiate "sole source" contracts with hospitals, amounting to bald-faced kickbacks that save taxpayers not a dime.

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Putting Kids In Jail For Profit

Dave Johnson | Posted 05.25.2011

Read More: Free Markets, Prison, Profit Motive, Detention Centers, Jails, Kickbacks, Youth Detention, Politics News

In Pennsylvania they caught two judges jailing kids for profit. I think it would be a good idea to look into all situations of people of all ages being sentenced to any privately-run facility.

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