• Ex Wal-Mart Executive Pleads Guilty

    Former Vice Chairman of Wal-Mart, Thomas Coughlin, has pleaded guilty to federal wire fraud and tax evasion charges. Coughlin was accused of taking fraudulent reimbursements and misusing gift cards. In addition to his seven-figure compensation, he had Wal-Mart pay for […]

  • ChoicePoint settles data security case

    ChoicePoint Inc., a commercial data broker, has agreed to pay $15 million to settle charges of violating consumer privacy rights. $10 million will be paid as a penalty to the government, with $5 million going to 800 individuals who had […]

  • Tiffany lawsuit over eBay fakes

    Tiffany & Company is going to court against eBay, alleging that the online auction service allows sellers to list counterfeit Tiffany jewelry. The suit also alleges that eBay makes millions of dollars in fees from the auction of counterfeits. Tiffany […]

  • Milwaukee Fraud: Founder of Arabian Fest sentenced to prison

    The founder of Milwaukee’s Arabian Fest has been sentenced to 3 years in prison for stealing $75,000 of federal block grant money. He must also pay $75,000 in restitution and a fine of $1,000. Mhammad Abu-Shawish got a sentence on […]

  • 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 […]