Nancy Paquette, an insurance agent with American Family Insurance, committed fraud in order to become one of the company’s top agents. She opened policies without the consent of people to boost her sales figures. A coworker suspected something was wrong […]

The [tag]Association of Certified Fraud Examiners[/tag] puts on the largest anti-fraud conference in the world each July. This year the meeting is in Las Vegas, and I expect 2,000 attendees. I’ve been ask to present on marketing a [tag]fraud[/tag] examination […]

UnitedHealth Group Inc. may have to [tag]restate[/tag] some financial data as a result of [tag]improper accounting[/tag] related to the grant of [tag]stock options[/tag]. All told, the changes and loss of some tax benefits may mean a reduction of $286 million […]

The “Survivors’ Staircase”, the only remaining above-ground portion of the Twin Towers, might be demolished to make way for a new office tower. This Vesey Street staircase was the path to survival for many fleeing the World Trade Center on […]

Daniel Biechele, the former band manager whose pyrotechnics caused the February 2003 Rhode Island nightclub fire that left 100 dead, was sentenced to four years in prison. The families of victims were hoping for more prison time, since the maximum […]

My latest installment in the [tag]Wisconsin Law Journal[/tag] discusses personal characteristics that are indicators of on-the-job [tag]fraud[/tag]. Those who commit [tag]occupational fraud[/tag] tend to have certain risk factors or exhibit certain behaviors that should raise [tag]red flags[/tag]. Questionable things include […]

[tag]Zacarias Moussaoui[/tag], the [tag]9/11[/tag] conspirator who recently pleaded guilty has asked to court to allow him to withdraw his guilty plea and instead have a trial. He says that he lied on the witness stand about his involvement in the […]

The CFO of Zale Corp., Mark Lenz has been placed on administrative leave indefinitely. His offense: not disclosing delayed [tag]vendor payments[/tag] done to improve 2005 cash flow. Vendor payments scheduled for the last two weeks of the company’s fiscal year […]

Enron had banking and finance relationships with some of the largest international firms: Credit Suisse First Boston, Merrill Lynch, and Greenwich NatWest to name a few. All of the firms were interested in continuing their business relationships with Enron, as […]

Six current and former employees of Aggregate Industries, the largest supplier of concrete for Boston’s Big Dig were arrested today on charges of [tag]falsifying records[/tag] to cover up the poor quality of their concrete. The [tag]corruption[/tag] charges include making false […]