Topic
Fraud
2,992 published works
Whistleblower Law Blog
Construction Firm Mercer-Fraser settles qui tam lawsuit for $1.3 million
By LaBovick Law
Midsized construction firm, Mercer-Fraser agreed to pay $1.3 million to settle fraud allegations involving work under the U.S. Small Business Administration's HUBZone Empowerment Contracting program. According to the claim, Mercer- Fraser used…
Sentencing Law and Policy
Another former AIG executive gets serious prison time, but also a serious variance
Main January 27, 2009Another former AIG executive gets serious prison time, but also a serious varianceThis Rueters piece provides the basics on a notable white-collar sentence handed down today: A…
White Collar Crime Prof Blog
In the News & Around the Blogosphere
By Ellen Podgor
Boston Globe, Galvin, SEC say Quincy broker defrauded clientsDOJ Press Release, Former New York Power Authority Employee Sentenced to 37 Months in Jail for Bribery and Fraud SchemeDOJ Press Release,…
Aaron Morris' Business Law Alert
Don’t Believe Your Bank When it Reports a Check has Cleared
By Aaron Morris
At some point a scam becomes so old and tired that I assume no one would ever fall for it. Certainly one of my fellow attorneys could not be duped…
Legal Profession Blog
Aiding Fraud Draws Suspension
The Virgina State Bar reports the following sanction order:On October 17, 2008, a three-judge panel of the Chesterfield County Circuit Court imposed a suspension of one year and one day…
Pension Risk Matters
Financial Forensics and Made-Off Scandal
Several readers have offered comments about signals they deem could have and should have been indicators of trouble. Adding to our January 13, 2009 list ("Madoff Red Flags" How Many Can…
Pension Risk Matters
CT Town Swears Out Madoff Arrest Warrant for Alleged Pension Fraud
According to the Wall Street Journal video "Connecticut Town Loses Millions With Madoff" (January 14, 2009), Fairfield is the first municipality to "go after" Madoff. In an attempt to recover $42…
Nonprofit Law Prof Blog
NYT: NY AG Issues Subpoenas To Determine If Financier Defrauded Universities and Charities By Investing With Madoff
The New York Times reports that New York attorney general, Andrew M. Cuomo, issued subpoenas last night in an effort to determine if the financier, J. Ezra Merkin, defrauded universities…
Pension Risk Matters
Madoff Red Flags: How Many Can You Count?
With losses estimated at $50 billion, “l’affaire Madoff” is deemed the largest financial fraud in world history. Not since Charles Ponzi scammed millions from investors in the 1920’s have world…
Securities Law Prof Blog
MetLife Registered Rep Settles Fraud Charges
The SEC settled administrative charges against Mark E. Salyer, a registered representative for MetLife Securities, Inc. The SEC alleged that Salyer, from at least June 2005 through October 2007, fraudulently…