A tax audit creates fear and anger in individuals and business owners. It also creates a need. The need for documentation to prove income and expenses when the auditor is scrutinizing them. It is not uncommon for documents to be […]
An e-mail directing someone to a website called ebaychristmas.net was reported to eBay as potentially fraudulent. The website requested users to enter their eBay user names and passwords, as well as information about e-mail accounts. The investigations team for eBay […]
The former world Santa of the Year, Ron Horniblew of Great Britain, suspects a campaign to prevent him from winning the crown again is damaging “Santa morale”. Each year, up to 50 Santas compete for the world title in the […]
Richard Scrushy, former CEO of HealthSouth, is suing the company for $70 million related to his March 2003 firing. He was fired following the discovery of a $2.7 billion fraud at the company. Scrushy claims that since he was acquitted […]
If yesterday’s post about ID theft made you feel badly, this post will probably make you feel worse. The Privacy Rights Clearinghouse has assembled a listing of the security breaches since the February 15, 2005 Choicepoint breach. These breaches were […]
An analysis done by ID Analytics, a San Diego fraud detection company, shows that people whose personal data is compromised have a low risk of becoming victims of identity theft. This includes those whose credit cards are lost or stolen. […]
The Securities & Exchange Commission is set to issue guidelines on fines for corporate wrongdoer. SEC Chairman Christopher Cox is pushing for standards in levying fines, and would like those guidelines available to the public. The standards won’t speak to […]
Brian Hines and his sister, Charmaine Hines, have been charged with stealing Red Cross debit cards that were meant to go to Hurricane Katrina evacuees. A Red Cross employee researching missing debit cards came across one debit card loaded with […]
Say it isn’t so! The maker of my all-time favorite ice cream suffers a fraud at the hands of its CFO? The ex-CFO of Ben & Jerry’s Homemade Inc., Stuart “Mickey” Wiles pleaded guilty to wire fraud for embezzling $300,000 […]
In 2002, Xerox set a record, receiving the largest SEC fine up to that point – $10 million. The new record is now held by WorldCom, which received a fine of $750 million. Other companies that have received 6-digit fines […]
