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 […]

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 […]

Lee Jones, the former dean of graduate studies at the University of Wisconsin – Whitewater “improperly used” over $50,000 on a group he founded called Brothers of the Academy. The spending was discovered during an audit. The audit report says […]

For the second time in recent history, illegal stock trading has been tied to an employee of Quad/Graphics Inc. It is alleged that a securities broker had an employee steal copies of unpublished BusinessWeek issues, and used information from the […]