Topic
Fraud
3,061 published works
Securities Law Prof Blog
Chair White on Global Enforcement
On October 1, 2014 at the IOSCO 39th Annual Conference in Rio de Janiero, Chair Mary Jo White delivered remarks on The Challenge of Coverage, Accountability and Deterrence in Global…
International Financial Law Prof Blog
Accused Ponzi Schemer Even Double Crosses Wife
By David Herzig
According to the New York Post, Steven Wessel defrauded investors out of nearly $1 M. He did it "by posing as an Oxford graduate who worked for Presidents Ronald Reagan…
White Collar Crime Prof Blog
New Sentencing Guidelines in England and Wales for Fraud, Bribery and Money Laundering Offences
In May, the Sentencing Council for England and Wales issued their "Fraud, Bribery and Money Laundering Offences - Definitive Guidelines." The Guidelines apply to "all individual offenders aged 18 and older…
International Financial Law Prof Blog
IRS Issues Fraud Alert Regarding FACTA Scam
By David Herzig
The Internal Revenue Service today issued a warning for international financial institutions complying with the Foreign Account Tax Compliance Act (FATCA). Scam artists posing as the IRS have fraudulently solicited…
Drug & Device Law
Negligence Per Se and Fraud Claims Dismissed in Risperdal Litigation
The Middle District of Florida in Gallant v. Ortho-McNeil-Jannsen Pharmaceuticals, Inc., 2014 U.S. Dist. LEXIS 131769 (M.D. Fla. Sept. 29, 2014), recently addressed a plaintiff’s negligence per se and fraud…
International Financial Law Prof Blog
Arboretum Sports $20 million Ponzi Scheme Suspect in Custody
The SFO in conjunction with Hampshire Police's Serious and Organised Crime Group investigated the affairs of Arboretum Sports (UK) Limited, which went into liquidation in December 2007. It is alleged…
Legal Profession Blog
Disbarred For Fraud On Japanese Client: Attorney Used Funds For Comic Books And Sports Memorabilia
A felony conviction has resulted in automatic disbarment of an attorney by the New York Appellate Division for the First Judicial Department.The court noted a prior disciplinary matter...this Court suspended…
International Financial Law Prof Blog
Online-Business Coaching Scam Netted $130 million
The Federal Trade Commission is mailing more than $4.4 million in refund checks to 2,004 consumers harmed by the Ivy Capital business “coaching” scheme, which falsely claimed that it would help…
International Financial Law Prof Blog
CFTC Charges John R. Bullar and Executive Management Advisors L.L.C., with Fraud and Embezzlement in Operating an $8.3 Million Commodity Pool and Ponzi Scheme
The U.S. Commodity Futures Trading Commission (CFTC) today filed a federal civil enforcement action in the U.S. District Court for the Southern District of Ohio against Defendants John R. Bullar, who…
Canadian Fraud Law
Imprisonment for Ponzi Schemes: How long is long enough?
Under section 380.1(1) and (1.1) of the Criminal Code, courts are required to consider the following non-exhaustive list of factors as being aggravating circumstances in the context of fraud: significant…