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Understanding FIRREA’s Reach: When Does Fraud ‘Affect’ a Financial Institution? – JD Supra (press release)


Understanding FIRREA's Reach: When Does Fraud 'Affect' a Financial Institution?
JD Supra (press release)
The Department of Justice has recently begun using the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) as a tool in its arsenal to combat financial fraud, including bank fraud, mail fraud, wire fraud and making false statements.

Ex-Anglo Irish finance director charged in fraud probe – Reuters



Belfast Telegraph
Ex-Anglo Irish finance director charged in fraud probe
Reuters
DUBLIN (Reuters) – Two former top executives at Anglo Irish Bank were the first to be charged on Monday in a long-running fraud investigation into the failed lender synonymous with Ireland's financial meltdown. Former Finance Director Willie McAteer
Former Anglo finance director Willie McAteer, former MD for Anglo in Ireland RTE.ie
Irish banker McAteer arrested by Anglo probe fraud squad officersBelfast Telegraph
Top bank officials charged with fraudU.TV

all 121 news articles »

The economics of corporate crime – Washington Post (blog)


The economics of corporate crime
Washington Post (blog)
And, while penalties for corporate crime have grown in recent years, they may still be too low. True, Barclay's just got slapped with a $450 million fine for its role in the Libor scandal, in which banks colluded to alter global interest rates. But

‘White Collar’ ‘Diminishing Returns’: Neal and the team secretly help Peter – Zap2it.com (blog)


'White Collar' 'Diminishing Returns': Neal and the team secretly help Peter
Zap2it.com (blog)
Neal and Peter are back in New York, though Peter has been demoted and transferred out of the White Collar Crime division. In "Diminishing Returns," Neal and the team secretly help Peter investigate a brilliant thief who has eluded the FBI for years

Integrate crime prevention with community investment programs to accelerate … – MarketWatch (press release)


Integrate crime prevention with community investment programs to accelerate
MarketWatch (press release)
people-organizing resources that are at the heart of community development are tremendously powerful when it comes to preventing crime," noted Julia Ryan, director of the Community Safety Initiative for the Local Initiatives Support Corporation (LISC).

and more »

How White Collar Crime Became The ‘Business Model’ Of Corporate America – Democratic Underground


How White Collar Crime Became The 'Business Model' Of Corporate America
Democratic Underground
http://www.businessinsider.com/how-whitecollarcrime-became-the-business-model-of-corporatestate-america-2012-7. Let's start by identifying the different types of white collar crime (WCC). One is WCC involving individuals against companies (e.g. theft

Peregrine Financial Fraud: What Shocks Me – Business Insider



Globe and Mail
Peregrine Financial Fraud: What Shocks Me
Business Insider
After close to four years of tracking and highlighting stories of financial frauds and accompanying regulatory failures, I am not easily shocked. The other day while reading of the news surrounding the fraud and failure of the Peregrine Financial Group
Are Women More Honest Than Men When It Comes To Finance?Huffington Post
Financial industry regulator suspends Peregrine, orders wind-down of companyWinnipeg Free Press
Peregrine, Madoff, Comerica, Doral Financial: ComplianceBloomberg
National Post –CanadianBusiness.com
all 86 news articles »

For UBS, a Record of Averting Prosecution – New York Times


For UBS, a Record of Averting Prosecution
New York Times
As the Justice Department points out in its guidelines for charging a corporation with a crime: “A corporation, like a natural person, is expected to learn from its mistakes,” and “a history of similar misconduct may be probative of a corporate culture

Some perspective is needed on white-collar crime – STLtoday.com


Some perspective is needed on whitecollar crime
STLtoday.com
The strange case of former Gov. Roger Wilson ended earlier this month with a guilty plea and probation. The case involved illegal campaign contributions from the Missouri Employers Mutual Insurance Co. That's why the case seems strange. After the U.S.

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Libor fraud exposes Wall Street’s rotten core – Washington Post



BBC News
Libor fraud exposes Wall Street's rotten core
Washington Post
The Libor scandal is more than just the latest financial deception to come to light. It exposes a fraud that runs to the heart of our financial system. The London interbank offered rate is a benchmark for a range of interest rates, and the misdeeds
The Libor Scandal In Full PerspectiveOpEdNews
Too Big to Care: When Bad-Faith Behavior Behooves a BankerNew York Observer
Interest Rate-Rigging Scandal is Worth Serious AttentionLoanSafe
Bluefield Daily Telegraph –North Country Public Radio –MyFinances.co.uk
all 380 news articles »