FTC Holds Conference About ‘Bogus Internet Scams’
March 2nd, 2009 • 1 Comment
As of late, a number of websites have popped up exploiting the recent moves by President Obama and international governments to provide funds to investors, homeowners and others in form of economic stimulus. Continue reading ‘FTC Holds Conference About ‘Bogus Internet Scams’.’
Reprimand Threatened for RBS Chief
February 28th, 2009 • No Comments
In November 2008 the Royal Bank of Scotland reported £10.8bn in pre-tax losses; the British Treasury channeled £20bn into the bank in return for a 58% stake. Prime Minister Gordon Brown is threatening legal action against former-RBS chief Sir Fred Goodwin, who stepped down from his position with a rather substantial pension - £16 million. Continue reading ‘Reprimand Threatened for RBS Chief.’
SEC: UnitedHealth Group Backdating Stock Options
December 28th, 2008 • No Comments
A complaint by the SEC alleges the Minneapolis-based health insurance company UnitedHealth Group to have committed financial crimes related to backdating stock options worth over $1 billion. Continue reading ‘SEC: UnitedHealth Group Backdating Stock Options.’
SEC Updates on Madoff Case; Charities Feel Losses
December 18th, 2008 • 2 Comments
More details have arose in the Madoff case of “stunning fraud” first covered early last week. It’s been revealed the two senior executives which Madoff revealed his fraudulent operation to were, in fact, his sons, Mark and Andrew Madoff. Continue reading ‘SEC Updates on Madoff Case; Charities Feel Losses.’
