Bookmark & Share Subscribe to Feed

The Coming Corporate “Crime Wave” – ValueWalk



ValueWalk
The Coming CorporateCrime Wave”
ValueWalk
In a recent appearance before Congress, Deputy Attorney General Sally Quillian Yates declared that the US Department of Justice is going to ratchet up its prosecution of individuals employed in corporations as part of a larger push against “white

Consumer Reports: Financial scams target seniors – WLS-TV



WLS-TV
Consumer Reports: Financial scams target seniors
WLS-TV
If you or someone you know has been defrauded, contact the government's Financial Fraud Enforcement Task Force. You can report the scam and get resources for seniors and family members at www.stopfraud.gov. Another resource is the Senate Special …

The ongoing epidemic of corporate crime – Al Jazeera America



Al Jazeera America
The ongoing epidemic of corporate crime
Al Jazeera America
Even those who have little respect for the state of corporate ethics must have been surprised by the news from Volkswagen. It turns out that the largest car company in world deliberately designed software to allow its cars to deceive emissions testing

Financial Fraud: An SEC Staple? – JD Supra (press release)


Financial Fraud: An SEC Staple?
JD Supra (press release)
Since the SEC announced the formation of its Financial Fraud Task Force two years ago the agency has struggled to establish this once enforcement mainstay as a current staple. Some commentators have suggested that a trend is emerging in this area.

Why the DOJ Needs to Hold Individuals Responsible for Corporate Crime – The American Prospect



The American Prospect
Why the DOJ Needs to Hold Individuals Responsible for Corporate Crime
The American Prospect
Through a quirk of timing, the public learned of VW's fraud just days after DoJ vowed to prioritize individual prosecutions of corporate criminals. There is no better test case for whether they mean what they say. In an internal memo released to the

and more »

Federal white collar crime prosecutions decline in Minnesota – Minneapolis Star Tribune



Minneapolis Star Tribune
Federal white collar crime prosecutions decline in Minnesota
Minneapolis Star Tribune
RENEE JONES SCHNEIDER, Star Tribune U.S. Attorney Andrew Luger noted that white collar crime prosecutions tend to follow a boom-bust pattern, partly because complex, multi-jurisdictional schemes occupy investigators and prosecutors for months or …

Common vs. Corporate Criminals – Huffington Post



Huffington Post
Common vs. Corporate Criminals
Huffington Post
Lucas committed a "little personal crime" and thus gets personal punishment. If Lucas had committed a "big corporate crime," however, he would still be free and the likely penalty would be some public shaming, a fine paid by his stockholders, and maybe …

Second Person Arrested in Financial Fraud Scheme – MyArkLaMiss (press release) (blog)



MyArkLaMiss (press release) (blog)
Second Person Arrested in Financial Fraud Scheme
MyArkLaMiss (press release) (blog)
A second person has been arrested in connection with an elaborate financial fraud scheme that resulted in the theft of more than 300 identities and more than $5 million in fraud, Attorney General James D. “Buddy” Caldwell announced today. Brenda Milson …
Second arrest made in elaborate fraud schemeWBRZ

all 3 news articles »

Elizabeth Warren’s truth in sentencing bill for corporate crime just passed … – Vox



Vox
Elizabeth Warren's truth in sentencing bill for corporate crime just passed
Vox
Most people don't know, for example, that these settlement fees are usually tax deductible, so a profitable company can slice a third of the price of the fine right off the top. Settlement agreements also at times "credit" companies being penalized for

and more »

Louisiana man arrested in elaborate financial fraud scheme – Knoe.com



Knoe.com
Louisiana man arrested in elaborate financial fraud scheme
Knoe.com
BATON ROUGE, La. (KNOE 8 News & La. Attorney General) A Baton Rouge man is accused of orchestrating a national financial fraud scheme that has resulted in the theft of more than 300 identities and more than $5 million in fraud. Donald Lonnell Batiste …
Baton Rouge Man Arrested in National Financial Fraud SchemeMyArkLaMiss (press release) (blog)

all 4 news articles »