The Association of Certified Fraud Examiners is urging
organizations worldwide to participate in International Fraud Awareness Week , November 7-13, 2010 to
help cast a spotlight on the problems arising from fraud.
This weeklong campaign encourages business leaders and
employees to proactively take...
A Swedish law firm has failed in its effort to sue a
director of a former client for "misrepresentation" in Virginia
federal court after the court ruled the claim was barred by Virginia's two-year statute of limitations applicable to negligence
claims. The law firm had conceded that...
My latest column @Forbes is about the most recent futures
industry fraud case, PFGBest. PFGBest is another reason why the industry's poor
business environment, wracked with a crisis of confidence after MF Global, just
got much worse.
All Fall Down; PFGBest and MF Global Frauds Reveal Weak
One of my favorite lawyer songs is the Warren Zevon classic " Lawyers, Guns and Money ". I was reminded of that song when I sat on a panel on Wednesday with Dan Chapman and Mike Volkov, where we discussed recent enforcement actions and due diligence under the Foreign Corrupt Practices Act ...
money handcuffs theft crime Ponzi schemes fraud
money shredded theft crime Ponzi scheme fraud
money tax evasion shelter hoarding hoard greed greedy fraud
bank banking money savings fraud financial loss finance
bank banking money savings fraud financial loss
fraud corruption bribery corruption theft steal financial embezzle embezzlement
money clawback fraud
In New Jersey, the elements of common-law fraud are: “(1) a material misrepresentation of a presently existing or past fact; (2) knowledge or belief by the defendant of its falsity; (3) an intention that the other person rely on it; (4) reasonable reliance thereon by the other person; and (5) resulting...
In a recent White Paper authored by Peter Smith for OFS Portal, entitled “ Procurement and Fraud in the Supply Chain ”, where he examined “fraud linked to procurement and supply chain activities.” Smith focuses on where fraud can occur in the procurement process. From this starting...