Topic
Fraud
2,965 published works
Regulatory Oversight
Utah AG Lauds State’s Largest Consumer Protection Settlement
By Troutman Pepper Locke State Attorneys General Team
On May 19, Utah Attorney General Sean Reyes announced a consumer settlement with Response Marketing Group LLC and its principals for $15 million and a lifetime ban against selling money-making…
The Securities Law Blog
SEC Shuts Down WeedGenics $60 Million Cannabis Offering Fraud
The Securities and Exchange Commission obtained an emergency order to halt an alleged ongoing offering fraud and Ponzi-like scheme by Integrated National Resources Inc. (INR), which does business as WeedGenics,…
ContractsProf Blog
Supreme Court Strikes Another Blow Against Prosecuting Corruption in the Buffalo Billions Case
Inspired by Will Baude and Dan Epps' Divided Argument podcast, we wrote about a pending SCOTUS case Ciminelli v. United States last November. Now, thanks are due to Leah Littman, Melissa Murray, and Kate…
The CLS Blue Sky Blog
Sullivan & Cromwell Discusses Decisions Cutting Back Expansive Theories of Federal Fraud
By Max Gottschall, Morgan Ratner, Nic Bourtin
Appellate courts rejected broad theories of white-collar fraud three times last week. First, on May 10, 2023, in an opinion by Judge Lynch, the U.S. Court of Appeals for the…
Global Regulation Tomorrow
Potential ban on cold calling for all financial products as part of government’s fraud strategy
As part of its Fraud Strategy, published on 3 May 2023, the government announced its intention to ban cold calling for all financial products, so that anyone who subsequently receives…
Global Regulation Tomorrow
UK fraud strategy: loud bark, little bite?
By Thomas Hubbard (UK), Andrew Reeves (UK), Annie Birch
The UK government recently published its fraud strategy paper: Fraud Strategy: Stopping Scams and Protecting the Public. The prevalence of fraud in the UK cannot be overstated: victims of fraud…
Government Contracts Legal Forum
In Control: Supreme Court Reigns-In Second Circuit Fraud Theories
By Agustin D. Orozco, Nimrod Aviad, David Griffith
On May 11, 2023, the Supreme Court issued two opinions limiting the reach of the federal fraud statutes and eliminating often-used theories from the government’s arsenal. In Ciminelli v. US, 598…
Legal Profession Blog
Let Them Eat Cake
The Tennessee Court of Appeals affirmed the trial court and remanded with instructions in a complicated case involving the transfer of controlling interest in a law firmThis is an appeal…
Shufti Pro Blog
Home Office Reveals 20% of UK Businesses are Affected by Fraud
An extensive survey of thousands of businesses between 2018 and 2022 determined that one in five UK businesses were victims of fraud. During the past three years, more than half…
Criminal
SCOTUS unanimously reverses two federal fraud convictions based on novel theories
The Supreme Court this morning handed down two notable wins for federal fraud defendants, rejecting two theories of federal prosecution endorced by lower court in Ciminelli v. US, No. 21-1170…