Corporate Fraud

Former FBI Agent: How To Spot A Startup Scam

HuffingtonPost.com | Nate C. Hindman | Posted 04.18.2012

Read More: Video, JOBS Act 2012, Crowdfunding, Startup, Obama Jobs Act, Crowdfunding Law, Small Business News and Trends, Startups, Small Business Fraud, Corporate Fraud, Securities and Exchange Commission, Jobs Act, Small Business News

Signed into law earlier this month, the Jumpstart Our Business Startups Act makes it easier for the general public to invest in startups by removing r...

Read Whole Story

Ex-Banker Charged With Helping Wealthy Americans Evade Taxes

Posted 10.02.2011

Read More: Ubs, Martin Lack, Credit Suisse AG, Lack & Partner AG, Basler Kantonalbank, Tax Evasion, Corporate Fraud, Raoul Weil, Keusch & Merlo Invest AG, U.S. Justice Department, Business News

FAIRFIELD, Conn. (Lynnley Browning) - A former senior UBS private banker was indicted by the United States Tuesday for selling offshore tax-evasio...

Read Whole Story

Wall Street 'Bad Boy' Convicted Of Multi-Million Dollar Fraud

AP | LARRY NEUMEISTER | Posted 09.25.2011

Read More: Financial Fraud, Dodd-Frank Act, Conspicous Consumption, Wall Street, Wall Street Bad Boy, Ross Mandell, Investment Manager, Corporate Fraud, Financial Regulation, Con Men, Prosecutors, Business News

NEW YORK — A former investment manager known as Wall Street's "bad boy" was convicted Tuesday of defrauding U.S. and European investors of $140 ...

Read Whole Story

What It's Like To Be Goldman's CEO

New York Magazine | Jessica Pressler | Posted 09.24.2011

Read More: Lloyd Blankfein, Goldman Sachs, Dr. Evil, Gary Cohn, Wall Street, Great Recession, Evelyn Y. Davis, Woody Allen, Goldman Sachs CEO, Financial Crisis, Harvard, Corporate Fraud, Business News

Dressed down in shirt sleeves and scuffed loafers, he doesn't seem so much like the Devil, as Don Imus has taken to calling him, than someone you migh...

Read Whole Story

Wyoming House Acts As Business Haven For 2,000 Companies

Posted 08.28.2011

CHEYENNE, ATLANTA (Kelly Carr and Brian Grow) - The secretive business havens of Cyprus and the Cayman Islands face a potent rival: Cheyenne, Wyom...

Read Whole Story

Supreme Court Rules That Small Claims Cannot Be Pursued Against Big Corporations

Judge H. Lee Sarokin | Posted 07.15.2011

Read More: Supreme Court, Small Claims Barred, Class Actions, Arbitration Claims, AT&T Small Claims, AT&T Supreme Court, AT&T Class Action, Corporate Fraud, AT&T Mobility, Business News

With AT&T Mobility vs. Concepcion, the Supreme Court has permitted alleged corporate fraud to go unheard and unpunished and, in turn, has silenced the voice of the consumer in the process.

Read Post

Fraud Within Finance Departments On The Rise, Survey Finds

Posted 07.15.2011

Read More: Employees, Fraud Prevention, Finance Departments, Companies, Corporation, Frau Scheme, Back Office Fraud, Financial Managers, Corporate Fraud, Business News

ORLANDO, Florida (Barbara Liston) - "Back office" fraud is draining corporate treasuries of billions of dollars a year, and the risk is growing as...

Read Whole Story

Matt Taibbi: Goldman Could Achieve 'Corrupt-Enterprise Nirvana'

Rolling Stone | MATT TAIBBI | Posted 07.11.2011

Read More: Lloyd Blankfein, Senator Tom Coburn, Goldman Sachs, Senator Carl Levin, Timberwolf Deal, Morgan Stanley, Wall Street, Countrywide Loans, Economic Crisis, Sec, Daniel Sparks, Subprime Loans, Corporate Fraud, Housing Crisis, Hudson Deal, Business News

They weren't murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few ...

Read Whole Story

Working Together to Fight Financial Reporting Fraud

Cindy Fornelli | Posted 05.25.2011

Read More: Enron, Business Fraud, Fraud, Corporate Fraud, Corporate Greed, Corporations, Tyco, Business News

What compels someone to commit fraud -- to work hard, rise to the top, then undo his or her life's work by committing a crime?

Read Post

Feds Catch Fugitive In Enron-Like Case Hiding In Mexico

AP | ANDREW WELSH-HUGGINS | Posted 05.25.2011

Read More: Worldcom, Rebecca Parrett Caught, Enron, Rebecca Parrett, Corporate Fraud, Rebecca S. Parrett, National Century Financial Enterprises, Business News

COLUMBUS, Ohio — A fugitive on the loose for more than two years following her conviction in a $1.9 billion corporate fraud case was back in the Uni...

Read Whole Story

Why Didn't the Enforcers Enforce?

Fortune's Stanley Bing | Posted 05.25.2011

Read More: Corruption, Bernard Madoff, The SEC, Republicans, Regulatory Agencies, Corporate Fraud, White Collar Criminals, Business News

Why would the government, charged with prosecuting white collar criminals who exploit our sacred financial institutions, fail so egregiously to pursue them with aggression and verve?

Read Post

AIG's Six Year Saga Of Alleged Fraud

Huffington Post | Julie Satow | Posted 05.25.2011

Read More: Fraud, AIG Bonus, Corporate America, Corporate-Fraud, Aig Bonuses, Aig, Aig Fraud, Fraud Aig, Corporate Greed, Credit Default Swaps, Aig Bailout New Information, Bonus Outrage, Video, Business News

The recent outcry over $165 million in post-bailout bonus payments has put AIG on the hot seat. But, in fact, the bonus disbursement is perhaps the l...

Read Whole Story

Madoff's Guilty Plea Scam

Earl Ofari Hutchinson | Posted 05.25.2011

Read More: Legal Double Standards, Federal Sentencing, Bernard Madoff, Government Prosecutors, Corporate Fraud, White Collar Crime, Justice Department, Madoff Hearing, Madoff Fate, Madoff, Madoff Indictment, Ponzi Scheme, Madoff Trial, Madoff Scandal, Madoff Ponzi Scheme, Bernie Madoff, Madoff Jail, Business News

Bernie Madoff may have one last scam in him. And this one may be the biggest and most infuriating of all. He may sleaze his way out of rotting away his last days in prison.

Read Post