Topic
Fraud
2,950 published works
The Contingency
“Blue Sky” Statute of Repose Bars Fraud Claim, per Seventh Circuit
Blue sky. To Blawgletter, "repose" suggests tranquillity and sleep. But in law it also implies shuffling off the legal coil. So it went today for a bankruptcy trustee. His claim…
Securities Law Prof Blog
Senate Hearing on Advising Seniors Sept. 5
Both SEC Chair Christopher Cox and NASAA President/ Alabama Securities Commission Director Joseph P. Borg will present testimony on ongoing efforts to protect senior investors from fraud, this Wednesday, September…
White Collar Crime Prof Blog
DoD Steps Up Its Efforts to Find Fraud in Iraqi Contracts
By Ellen Podgor
The military is stepping up its investigations of fraud, bribery, and kickbacks related to the Iraq war and rebuilding program. According to an AP article (here), the Army will look…
White Collar Crime Prof Blog
Sentence Departure for Former Wal-Mart Executive Overturned
By Ellen Podgor
The Eighth Circuit, among the more parsimonious in allowing non-Guidelines sentences, reversed the sentence given to former Wal-Mart vice chairman Thomas Coughlin after his guilty plea for defrauding the company…
Securities Law Prof Blog
Textron Settles SEC Kickback Charges in UN Oil for Food Program
The SEC today filed Foreign Corrupt Practices Act books and records and internal controls charges against Textron Inc., alleging that from approximately 2001 through 2003, two of Textron's David Brown…
The Retirement Plan Blog
Scamming the seniors
By Jerry Kalish
Back in the day, I used to see Three-card Monte played on the Chicago "L". For the benefit of the uninitiated, Three-card Monte, also called Three-card shuffle, Follow the lady,…
Sentencing Law and Policy
Five years for abolitionist’s fraud in California
Main August 18, 2007Five years for abolitionist's fraud in CaliforniaAs detailed in this post, last year it was discovered that a former criminal defense investigator, Kathleen Culhane, forged statements from…
The Contingency
Fifth Circuit Reverses Fraud S.J.
An Alpine teleport. Notice the real estate? Yesterday, the Fifth Circuit overruled a defense summary judgment on a fraud claim. The court held that, under Texas law, the statute of…
Business and Commercial
Fifth Circuit Reverses Dismissal of Fraud Claim
In GWTP Investments, L.P. v. SES Americom, Inc., the Fifth Circuit has reversed in part the dismissal of plaintiff's breach-of-contract and fraud claims. Although the circuit court agreed that the…
Securities Law Prof Blog
BDO Found Grossly Negligent in Failing to Uncover Fraud
A Florida jury found that accounting firm BDO Seidman was grossly negligent in failing to uncover a management fraud that led to the bankruptcy of a Miami financial services company…