Fraud

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      Bristol-Myers Squibb pinged $515 million to settle fraud charges

      Posted by SoxFirst

      Drugs giant Bristol-Meyers Squibb and a former subsidiary have been forced to pay more than half a billion dollars to settle settle federal and state investigations for promoting an anti-psychotic drug, Ablify, for uses that were not approved by the US Food and Drug Administration and providing illegal inducements to doctors and other health care providers.

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      Fraud a growing problem

      Posted by SoxFirst

      More than five years after the Bush administration brought in the world's toughest anti-fraud law, and Governments around the world followed suit, the latest data suggests that fraud is stronger than ever. In the past three years, four out of five firms have suffered from some form of corporate fraud.

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      Wrath of the math: Why did Karl Rove quit?

      Posted by VincebusEruptum from Scholarsandrogues.wordpress

      That's the question on everyone's lips since the porcine political player announced he would be stepping down at the end of August. Of course, the excuse that he wants to spend more time with his family is horse puckey and we all know it--so what's really going on? Is he trying to give Bush political cover if he gets ensnared in one of the many investigations that keep leading back to...

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      SOX and fraud

      Posted by SoxFirst

      Nearly five years after the most stringent anti-fraud and corporate governance measures were introduced in the US, and fraud is still as a big a problem as ever. Sarbanes-Oxley has not worked.

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      Burned up cooking the books

      Posted by SoxFirst

      Crime doesn't pay. Well, for some. Contrary to claims that managers lie, cheat, cook the books and get away with it, a new study shows that individual perpetrators suffer huge consequences. Not all, but a lot of them.

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      Securities fraud scamsters

      Posted by SoxFirst

      The scamsters behind those securities fraud schemes that pump and dump stock and prey on the elderly suffer from Antisocial Personality Disorder. The US Government handles them with kid gloves and it should come down hard one them with criminal prosecutions and setting up a register of offenders.

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  1. thumbnail

    muckraker comments on:

    Easing up on fraud enforcement

    One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.

     

    Reply »

    9:33 pm 9/11/08
  2. thumbnail

    muckraker comments on:

    Biovail's fraud and SOX

    One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.

     

    Reply »

    9:32 pm 9/11/08
  3. thumbnail

    muckraker comments on:

    Fraud and IPOs

    One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.

     

    Reply »

    9:31 pm 9/11/08
  4. thumbnail

    muckraker comments on:

    Corporate fraud surges

    One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.

     

    Reply »

    9:30 pm 9/11/08
  5. thumbnail

    muckraker comments on:

    FBI reports: fraud cases are up

    One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.

     

    Reply »

    9:29 pm 9/11/08
  6. thumbnail

    muckraker comments on:

    FBI steps up on mortgage fraud

    One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.

     

    Reply »

    9:28 pm 9/11/08
  7. thumbnail

    muckraker comments on:

    'Suicide is Painless' fraudster turns himself in

    One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.

     

    Reply »

    9:27 pm 9/11/08
  • Just Said
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    Damianmann

    Member since Oct 2008

    Damian is a former campaign worker for Ralph Nader and current delegate/precinct captain for Barack Obama . He is also a registered Independent voter. He's written columns for "Tabula Rasa" magazine as well as many music magazines around the globe. Whatever you do, don't offer him alcohol.

    Las Vegas


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    Jeff

    Member since Oct 2008

    Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.

    Seattle


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