37th Carnival of Fraud

Posted on May 27th, 2007

We had a ton of great submissions this week for the Carnival of Fraud. Keep them coming! It’s great to see what others are discussing as it relates to fraud and scams!

SoxFirst mentions a KPMG International survey which found that 92% of worldwide executives expect their number of international investigations to increase or remain the same, as it appears that cross-border fraud is increasing.

BBB Consumer Education mentions an FBI warning against using public computers in hotels, libraries, and Internet cafes to transmit sensitive information, as keystroke loggers may assist thieves in stealing financial information.

The Authentic Bartender discusses the types of internal fraud and a resource for those who want to read up on protecting a business against fraud.

Success Is In You gives his tips for finding a good eBook, rather than a scam in disguise.

Daily Kos discusses the Scientology “Purification Ritual” – it appears that this “detoxification” offered may really put people’s health in jeopardy.

Earn Money Blogging offers some advice for those who are interested in getting paid to blog, rather than spending their time with scams that will never pay off.

Digerati Life offers an opinion on the subprime lending problem, which will likely have wide-reaching financial effects.

Campus Grotto offers warnings for those considering student loan consolidation. One of the most important tips is to not assume that a company is affiliated with the Federal Government, even when they are discussing Federal programs. (They most likely are a private company!)

Fil-Am Personal Finance discusses a scam called Check Washing, and offers some tips to guard against this fraud.

China Law Blog offers advice on how not to do business in China. Namely, those who try to find Chinese business partners online or without proper investigation are setting themselves up for trouble.

Trusted Advisor has a great post about short-selling, the stock market in general, and why investment analysts are not worthy of your trust. Long story short, the analysts usually work for companies that provide financial services to the companies whose stock the anaystst are evaluating. Say something bad about the stock, and the analyst’s boss faces the treat of losing a key customer.

I gave my two cents on why I’m glad Rosie O’Donnell is gone from The View. She should go take her anti-American rhetoric somewhere else.

Get your submission in for next week’s Carnival of Fraud here.

tracy coenen

Related posts:

  1. Carnival of Fraud #36
  2. Carnival of Fraud 22
  3. 25th Carnival of Fraud
  4. Carnival of Fraud – 14th Edition
  5. I’m presenting today at the NACVA conference

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Comments (4)

  • Wenchypoo
    28 May 2007 at 5:54 am |

    I agree with your assessment of the Rosie O’Donnell affair. One of her leftist followers just left a comment on my blog article (video) about the global warming swindle…they even went so far as to beg me to have an open mind!

    An open mind for what amounts to a religious swindle? Global warming has reached “religious” level, and I’m glad I’m an Atheist. Common sense MUST prevail SOMEWHERE on this planet!!

    Back to Rosie: Funny how some people actually get paid to be controversial, isn’t it? Barbara Walters specifically hired her for precisely that reason–the show was floundering hopelessly, and needed a strong and steady ratings boost. What better way to get that than with a woman who makes the hair stand up on everyone’s neck? Why couldn’t Barbara just retire quietly and invest in oil futures…because she needs the limelight to feel adequate.

  • Tracy
    28 May 2007 at 9:21 am |

    Amen, Wenchypoo!

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