Business Crime: Director charged with using company's assets as security for personal loan
Neil James Duckworth was Director and Secretary of Ocean Key Holdings Ltd. It is alleged that the company borrowed more than AUD830,000 which Duckworth then took from the company for his personal use.
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How Not To Be A Money Launderer, a straightforward guide to detecting and deterring fraud and money laundering in organisations, has been reissued in paperback.
Simon Finnigan, formerly a director of three Australian companies, has pleaded guilty to using companies to defraud individuals who thought they were joining investment schemes.
Business Crime: senior officer pleads guilty to USD1 m embezzlementLisa Sackie, 47, of Solvang, California, has entered a guilty pleas to mail fraud charges arising from her embezzlement of USD1.1 million from Santa Barbara Bay Foods, the U.S. Attorney and FBI s...
Business Crime: Federal Court in Florida orders defendants to pay more than USD17 Million for Committing FraudA US Federal Court in Florida has ordered the payment of a penalty of more than USD17 million due to alleged fraud by a company and its officers. But there is one vital point: this was not a crim...
Fraud: another 419.Oh, yippee. Someone wants to pay us USD10 million to help them in a money laundering scheme. And yet, he wants us to give him some background on us which, given that he doesn't even know if we ar...
Business Crime: Suburban Propane warns of cheque fraudSuburban Propane of Whippany, New Jersey, USA has issued a warning notice about a fraud in which victims receive a fake cheque bearing the company's name.
Business Crime: Receivers to distribute more than USD700 recovered from ponzi-scheme operatorsAny fraudster in the USA faces prosecution by state or federal law enforcement - but play in the corporate or financial world and regulators of one sort or another pounce as well. That's what Pau...
Fraud & Embezzlement
It is often said that about three quarters of crime against businesses is committed or aided by someone within the company. This section covers those, plus external fraud. Contribute