financial fraud

If you're making a large purchase on Craigslist for an item such as a car, it could be worthwhile to run a background check
All the major features of Purdue's handling of OxyContin conform to similar acts of corporate fraud perpetrated in recent years. Still the story is peculiar in some key respects. Many times corporate fraud originates in some fairly innocent business model. Not so with OxyContin, a dubious affair from the start.
Andrew Caspersen is allegedly guilty of a cartoonish Wall Street fraud scheme.
One way for the Federal Government to raise more tax money and do some good in the process is to place a financial transaction tax (FTT) on the purchase and sale of securities.
A list of the largest bank settlements complied by the Wall Street Journal includes Wells Fargo, Bank of America, Ally Financial, Credit Suisse, HSBC Holdings, UBS, Goldman Sachs and Morgan Stanley. Was all this conduct "not intentional"?
There are warning signs that your spouse may have committed financial fraud in your marriage; the greater the number of red flags, the more likely that there is something fishy about the family's finances.
Although most anyone can be a target of fraud and identity theft, senior identity theft is on the rise and those ages 50+ are often in the cross-hairs of scammers. The U.S. government is taking steps to help circumvent the high level of fraud aimed at seniors, but it can only do so much -- and progress in this area has been fairly slow.
Your broker has a duty to disclose all risks from investing with him and his company. He also has an obligation to tell the truth. If he misleads you, including failing to disclose a major risk to your investment, you can sue him personally.
Under Operation Choke Point, the FDIC has warned banks against working with firms that defraud people. Working with fraudsters
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.
I know that the public won't find it strange that elite Wall Street lawyers could not muster a single hero while the appraisers produced tens of thousands. The public does not expect much from Wall Street lawyers.
It's a real-life disaster movie, one that's left neighborhoods in ruins all across the country, killed thousands of people, and ruined millions of lives. You might call it a "Banknado."
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.
After the irresponsible lending and nefarious practices that led to the crash of the economy and the housing crisis, it is the moral responsibility of financial institutions and regulators to right the ship and do right by older adults, and indeed by all consumers.
A recent study confirmed that control fraud was endemic among our most elite financial institutions. The key conclusion of the study is that control fraud was "pervasive."
“I don’t think it’s the right thing to completely omit reform from the State of the Union,” said Lisa Gilbert, a director
If the rule of law is not applied equally, whereby a teenager harboring a pack of marijuana gets jail time while executives who cashed in millions pedaling fraudulent financial instruments remain untrammeled, the very edifice of America begins to crumble.