01/08/2009
India vows to end fraud as Satyam scandal shocks (Reuters via Yahoo! News)
India vowed to strengthen laws to prevent corporate fraud after Satyam Computer, the country's fourth-largest software company, shocked investors by revealing profits had been falsely inflated for years.
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01/08/2009
UK fraud office starts Madoff investigation (AP via Yahoo! News)
Britain's Serious Fraud Office opened an investigation into the British business operations of Bernard Madoff on Thursday, raising the prospect that the alleged Wall Street fraudster could face criminal charges here.
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01/08/2009
Fraud Office launches Madoff probe (AFP via Yahoo! News)
The Serious Fraud Office has launched an investigation into the British activities of disgraced Wall Street financier Bernard Madoff, it said on Thursday.
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01/08/2009
Care home manager guilty of fraud (BBC News)
A Derbyshire care home manager who stole more than £1,800 from two residents pleads guilty to theft and fraud.
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01/09/2009
Former Peregrine counsel pleads guilty to bank fraud (San Diego Union-Tribune)
A former executive of Peregrine Systems Inc. pleaded guilty in federal court Thursday to bank fraud, following the footsteps of several colleagues who have been implicated in the software company's financial mishandling.
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01/08/2009
Feds arrest 2 Winnetka futures dealers on fraud charges (Chicago Tribune)
Pair allegedly used customer funds for personal spending Federal agents arrested two principals of a Winnetka-based foreign-exchange futures dealer on fraud charges Wednesday, the Justice Department said.
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01/08/2009
Gladstone man admits role in Southland mortgage fraud case (The Kansas City Star)
A Gladstone insurance agent pleaded guilty in federal court today to his role in a $12.6 million mortgage fraud scheme that involved 25 properties in Lee’s Summit and Raymore.
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01/08/2009
Feds arrest 2 Winnetka futures dealers on fraud charges (Chicago Tribune)
Federal agents arrested two top executives of a Winnetka foreign-exchange futures dealer that collapsed over a year ago on federal fraud charges, the Justice Department disclosed Wednesday.
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01/08/2009
India has its 'Enron moment' after revelations of Satyam founder's £1bn fraud (Guardian Unlimited)
Indian industry vowed to improve its corporate governance today after the founder of one of the biggest outsourcing firms confessed to a £1bn fraud, the country's biggest corporate scandal in living memory. B Ramalinga Raju, the chairman and founder of Satyam, admitted he had made up profits for years. More than 70bn rupees (£1bn) had been deceitfully booked on the company accounts. In ...
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01/08/2009
Man pleads guilty in $12.6 million mortgage fraud scam (The Kansas City Star)
A Gladstone insurance agent pleaded guilty today to his part in a $12.6 million mortgage fraud scam.
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