• Shareholder questions spending of public company

    Carl Icahn, a major shareholder in Time Warner Inc. has been speaking out against the company’s expenses. He says that the overhead and the perks are outrageous. Corporate overhead includes airplanes used by senior management for business and personal travel. […]

  • Publishing Changes After “A Million Little Pieces” is Outed as a Faud

    The publisher of “A Million Little Pieces” by James Frey has apologized to its readers. Nan A. Talese/Doubleday published the hardcover version, while Anchor Books published the paperback edition. Both publishers are apologizing to readers for the controversy. The book, […]

  • Enron trial to begin Monday

    It has taken four years, but Ken Lay and Jeffrey Skilling of Enron fame are finally going in front of a jury. The question remains whether or not the two heads of the company were a part of inflating earnings […]

  • First ‘Survivor’ winner found guilty of tax evasion

    Richard Hatch, the winner of the first season of ‘Survivor’ was convicted of evading taxes on his winnings, as well as money earned as a radio show host and earnings from a rental property. He faces prison time of up […]

  • Wisconsin Fraud: State official accused of corruption

    Georgia Thompson, a purchasing division supervisor in the Wisconsin Department of Administration has been charged in federal court with 2 felonies. The charges include misapplication of funds and participating in a scheme to defraud the State. The charges stem from […]

  • Milwaukee Fraud: Museum Considers Hiring Forensic Auditors

    The audit committee of the Milwaukee County Board is considering hiring an outside forensic accounting firm to perform a forensic audit on the finances of the Milwaukee Public Museum. This project would cost between $50,000 and $100,000. The project is […]

  • Ameriquest Mortgage offers settlement to consumers

    Ameriquest Mortgage Co. has offered $325 million to settle accusations of predatory lending in 49 states. Consumers in Wisconsin will receive over $2.7 million of the total. The company was accused of using high-pressure tactics and deception to sell mortgages […]

  • Milwaukee Fraud: Voter suppression

    Four men pleaded guilty last week Friday to misdemeanor charges of property damage for their participation in the Election Day 2004 tire-slashing. The defendants were all workers for the Kerry-Edwards campaign, and the 40 tires they slashed were on 25 […]

  • Survivor winner Richard Hatch goes to trial on tax evasion charges

    The first winner of my all-time favorite television show, Survivor, is on trial for alleged tax evasion. Richard Hatch is accused of not reporting to the IRS his earnings from Survivor, as well as not paying taxes on other income. […]

  • United States releases U.S. Money Laundering Threat Assessment (MLTA)

    A government-wide analysis of the threat of money laundering in the United States has been released. Sixteen government agencies participated in assembling the data, including the Departments of Treasury, Justice, Homeland Security, the Board of Governors of the Federal Reserve […]