Topic
Fraud
3,061 published works
Eminent Domain and Real Estate Valuation
Risk of Property Valuation Fraud Reportedly On The Rise
By David Snyder
According to analytics firm Interthinx, the risk of property valuation fraud increased during the first quarter. The report noted that in addition to high property appraisals, individuals purchasing and listing…
International Financial Law Prof Blog
Bank of America and Former Executive Found Guilty, Ordered to Pay $1.27 Billion for Defrauding the United States
SIGTARP reports that Bank of America has been ordered to pay a $1.27 billion civil penalty for fraud it committed. Additionally, former Bank of America executive Rebecca Mairone was ordered to…
EvidenceProf Blog
Where’s The Proof?: Court of Appeals of New York Denies Best Evidence Objection by Defendant Who Defrauded Michael Bloomberg
By Colin Miller
The Court of Appeals of New York addressed but did not resolve an interesting Best Evidence Rule issue in its recent opinion in People v. Haggerty, 2014 WL 2921401 (N.Y.…
International Financial Law Prof Blog
FinCEN publishes Suspicious Activity Report (SAR) analysis revealing emerging money laundering trends
What are the emerging money laundering trends? On July 18, the Financial Crimes Enforcement Network (FinCEN) published its first issue of SAR Stats. FinCEN’s analysis of 1,369,529 unique FinCEN SARs (Form 111) filed…
The Ethical Investigator
Arizona Man Arrested for Landscaping Fraud Once Again
By Abby Wein
According to KRQE news in Albuquerque, New Mexico, landscaper Gary Mares was busted for fraud once again. This time, he solicited landscaping work on Craigslist, collected large sums of money…
International Financial Law Prof Blog
SFO investigates price rigging in foreign exchange market
The Director of the Serious Fraud Office has opened a criminal investigation on July 21 into the allegations of fraudulent conduct in the foreign exchange market. Read the BBC report…
Elder Law Prof Blog
Honda dealership sells new car to 86-year old with dementia for 5500 over MSRP…
By Kim Dayton
Via Jalopnik:On June 16, an elderly man who had recently suffered a stroke took his 2011 Honda Fit in for an oil change. While he was at the dealership, the…
Securities Compliance Sentinel
Life Settlements and Fraud
A federal court held that life settlements were securities under federal and Illinois law. As such, certain sellers violated the securities laws when they lied about having done due diligence. …
Nonprofit Law Prof Blog
Brothers Scamming One Fund Sentenced
As reported in the Boston Globe, Superior Court Judge Jeffrey Locke has sentenced Bostonian brothers Domunique Grice and Branden Mattier to a prison term of three years, “followed by 3…
Corporate & Financial Weekly Digest
Investment Adviser Accused of $8.8 Million Fraud by SEC
On June 3, the Securities and Exchange Commission filed an emergency enforcement action in the US District Court for the Southern District of New York against Scott Valente, an investment…