U.S. Attorney Steven M. Biskupic has filed federal charges against two Milwaukee police officers who have agreed to plead guilty and testify against others in the Frank Jude Jr. beating case. Joseph Schabel was the first on-duty officer to respond […]

The Securities and Exchange Commission has issued guidance for companies that need to correct errors for prior period financial statements. At issue is materiality. While an error in one year may not be material, a build-up of similar errors over […]

Is this a fraud committed against an innocent citizen, or what? Clark Howard highlighted this story on his website. Matthew Shinnick went to Bank of America to verify the validity of a check he received for someone who bought two […]

Kobi Alexander, the former CEO of Comverse Technology was arrested in the African republic of Namibia and is going to be extradited to the United States. Alexander is a citizen of both the U.S. and Israel, and has been missing […]

Milwaukee Alderman Michael McGee (Jackson) has drafted an ordinance to allowed all alderman to be designated Peace Officers, and allow them to carry guns. This would include himself. Recall that McGee/Jackson is without a driver’s license, due to the fact […]

On Friday, I took a tour of New Orleans. Specifically, we took the Hurricane Katrina tour offered by Grayline Tours. Before I went to New Orleans, I was told by several people that the devastation is at a level that […]

Allegations of [tag]fraud[/tag] have been raised against “Painter of Light” Thomas Kinkade and his executives. The allegations that they induced investors to open art galleries and then ruined them financially are being investigated by the FBI. To date, at least […]

Charles Ponzi was born Carlo Ponzi, the only child of a family that lived comfortably in Italy. Although they had a comfortable life, they never lived up to the affluence Ponzi later bragged about. His family did have enough to […]

Famed bounty hunter Duane “Dog” Chapman was arrested last week on federal charges of illegal detention and conspiracy in an alleged kidnapping three years ago. Also arrested were his son Leland Chapman and his brother Tim Chapman. The Chapmans are […]

The Department of Labor reached a settlement with the estate of Kenneth Lay, former Enron executive. Lay was convicted on fraud and conspiracy charges earlier this year, and died on July 5th. The settlement gives DOL a $12 million claim […]