Topic
Fraud
2,994 published works
Securities Law Prof Blog
Massachusetts Charges Fairfield Greenwich with Fraud
Secretary of the Commonwealth of Masssachusetts Galvin today filed fraud charges against Fairfield Greenwich, a Madoff feed fund. All the documents are available on the website.
Securities Law Prof Blog
Take-Two Settles Backdating Charges with SEC
The SEC announced the filing of a civil action against video and computer game publisher and distributor Take-Two Interactive Software, Inc. ("Take-Two"), alleging that during a seven year period, Take-Two defrauded…
Securities Law Prof Blog
E&Y Settles HealthSouth Accounting Fraud Charges for $109 Million
Ernst & Young, HealthSouth's auditor from 1996-2002, agreed to pay $109 million to settle accounting fraud charges brought by HealthSouth investors. UBS previously settled similar charges for $100 million. Richard Scrushy,…
The Right Coast
Madoff in a pickle Tom Smith
What Madoff actually deserves is to be hooked up to an experience machine that would cause him to experience the anguish of each of the thousands of people he defrauded.…
Pension Risk Matters
You Can’t Regulate Honor
As famed playwright George Bernard Shaw once said, "The most tragic thing in the world is a man of genius who is not a man of honor." I've been thinking about the…
Securities Law Prof Blog
SEC and NY AG Charge NY Former Deputy Comptroller and Political Adviser with Pension Plan Fraud
The SEC charged New York's former Deputy Comptroller, David Loglisci, and a top political advisor, Henry Morris, with extracting kickbacks from investment management firms seeking to manage the assets of New York's largest…
Securities Law Prof Blog
SEC Charges Madoff’s Auditor with Fraud
The SEC charged the auditors of Bernard Madoff's broker-dealer firm with committing securities fraud by falsely representing that they had conducted legitimate audits, when in fact they had not. In its…
Nonprofit Law Prof Blog
PA State Senator Found Guilty of Defrauding State and 2 Nonprofits
After more than four days of deliberation, a federal jury unanimously found former Pennsylvania State Senator, Vincent J. Fumo (D-Philadelphia), guilty on all 137 counts of conspiracy, fraud, obstruction of…
Securities Law Prof Blog
Prosecutors Allege Lawyer Sold $700 Million in Phony Notes
You'll recall that New York attorney Marc Dreier was indicted in January on charges that he sold fictitious promissory notes to investors. Federal prosecutors recently amended the indictment to up…
Sentencing Law and Policy
“Where’s the Bone for Bernie Madoff?”
Main March 11, 2009"Where's the Bone for Bernie Madoff?"The title of this post is the title of this query by Jeralyn at TalkLeft. The question reflects my own reaction when…