James Lewis Jr., the operator of one of the largest Ponzi schemes in U.S. history was sentenced to 30 years in prison last week. That was the maximum sentence that could be imposed. He was also ordered to pay $156 […]
According to an article on the Motley Fool site earlier this year, credit card debt is a huge problem. They say that Americans owe over half a trillion dollars in credit card debt. An analysis by the U.S. Public Interest […]
The [tag]American Institute of Certified Public Accountants[/tag] ([tag]AICPA[/tag]) lost the [tag]social security numbers[/tag] of all of its members earlier this year. I was notified of this via a letter dated May 8. The organization offered its members one free year […]
Yes, you read that correctly. A man in Milwaukee was stabbed last night in the chest after he and the suspect had an argument over a passage in the [tag]Bible[/tag]. Wow.
Following the collapse of Enron Corp., Kenneth Lay and Jeffrey Skilling were still wealthy. (It seems they cashed in their stock options at just the right time.) According to an August 2001 balance sheet, Lay owned many non-Enron stocks totaling […]
iParenting.com By Deborah Ng When Lisa Keene received a notice from the IRS informing her of an audit, she started to panic. After she caught her breath, she called her accountant and read the notice to him. “You know, it […]
Cingular Wireless LLC has filed suit against insurance companies and brokers, alleging that the insurers paid over $1 billion in [tag]kickbacks[/tag] to the brokers if sent business their way. The lawsuit names brokers Marsh & McLennan and Aon Corp, and […]
Kim Kellbach, 48, has been charged with 3 felonies in Ozaukee County for stealing from her employer of 15 years. The charges include theft in a business setting, modifying computer data to commit fraud, and forgery, and carry penalties of […]
Mary Ellen Wilson, age 56, pleaded guilty today to five counts of [tag]felony[/tag] theft from her employer, Gentle Family Dentistry. She was charged with stealing $293,000, but the actual losses could be more than double that figure. Under a [tag]plea […]
Wal-Mart is an easy target for those who want to bash “Corporate America”, big box retailers, or big business in general. While no one seems to complain when they’re at Wal-Mart’s checkout line and receiving low prices, that doesn’t stop […]
