iOS app Android app

Corporate Fraud

Stealing A Pen At Work Could Turn You On To Much Bigger Crimes

The Huffington Post | Emily Cohn | Posted 06.27.2014 | Business

Steal a pen from your office and you could find yourself on a path toward becoming the next Bernie Madoff. That's the warning of a new study, call...

Safeguarding Midsize Businesses (VIDEO)

Posted 03.01.2013 | Technology

How big is your company? It doesn't really matter if you have the right resources available; in fact, the right tools can help smaller organizations n...

How Peregrine Financial Got Around A Law Designed To Prevent Corporate Fraud

Reuters | Posted 09.28.2012 | Business

By Kevin Drawbaugh and Dena Aubin July 29 (Reuters) - When Peregrine Financial collapsed earlier this month, a nagging question resurfa...

CEO And Mistress 'Pillaged' Company

AP | Posted 07.12.2012 | Business

BRIDGEPORT, Conn. -- A former chief executive of mattress manufacturer Latex International was sentenced Tuesday to nearly six years in prison for emb...

Businessman Allegedly Swindled Elderly For Classic Cars, Casino Trips

AP | KEN KUSMER | Posted 08.20.2012 | Business

INDIANAPOLIS (AP) — An Indianapolis businessman accused of looting an Ohio-based finance company after buying it and bilking about 5,000 mostly elde...

Where There's CEO Bling, There's Corporate Fraud, Says Study

The Huffington Post | Alexander Eichler | Posted 06.11.2012 | Business

Which CEOs drive a Rolls to work? That could be an important question for government regulators looking to crack down on corporate fraud. It's not...

Nate C. Hindman

Former FBI Agent: How To Spot A Startup Scam

HuffingtonPost.com | Nate C. Hindman | Posted 04.18.2012 | Small Business

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...

Ex-Banker Charged With Helping Wealthy Americans Evade Taxes

Posted 10.02.2011 | Business

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

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

AP | LARRY NEUMEISTER | Posted 09.25.2011 | Business

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 ...

What It's Like To Be Goldman's CEO

New York Magazine | Jessica Pressler | Posted 09.24.2011 | Business

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...

Wyoming House Acts As Business Haven For 2,000 Companies

Posted 08.28.2011 | Business

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

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

Judge H. Lee Sarokin | Posted 07.15.2011 | Business
Judge H. Lee Sarokin

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.

Fraud Within Finance Departments On The Rise, Survey Finds

Posted 07.15.2011 | Business

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

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

Rolling Stone | MATT TAIBBI | Posted 07.11.2011 | Business

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 ...

Working Together to Fight Financial Reporting Fraud

Cindy Fornelli | Posted 05.25.2011 | Business
Cindy Fornelli

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?

Feds Catch Fugitive In Enron-Like Case Hiding In Mexico

AP | ANDREW WELSH-HUGGINS | Posted 05.25.2011 | Business

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...

Why Didn't the Enforcers Enforce?

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

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?

AIG's Six Year Saga Of Alleged Fraud

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

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...

Madoff's Guilty Plea Scam

Earl Ofari Hutchinson | Posted 05.25.2011 | Business
Earl Ofari Hutchinson

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.