fraud

Employees who know their employer is perpetrating fraud against the federal government have the right to take action.

Bernard Madoff's multibillion-dollar fraud began in the early 1970s with several employees working together to fake records when no trades actually took place, a former trader at Madoff's firm said in pleading guilty to criminal charges on Monday.

Javelin Strategy & Research ranked the top U.S. credit card issuers methods for protecting customers from identity fraud in a study released Tuesday.

Human disasters like the Japan earthquake tend to bring out the worst in people. If there is any fraud as old as humanity, it may be a scam of compassion.

In his first interview for publication since his arrest, Bernard L. Madoff insisted that his family knew nothing about his crimes, but some banks and hedge funds “had to know.”

In his first interview for publication since his arrest in December 2008, Mr. Madoff — looking noticeably thinner and rumpled in khaki prison garb — maintained that family members knew nothing about his crimes.

A judge on Wednesday denied a request for a new trial for a former Iowa kosher slaughterhouse executive convicted of finacial fraud after an immigration raid at the plant.

We’ve all heard the stories about businesses taking advantage of their customers, but it isn’t as common to hear about customers scamming the stores..

This hidden side of fraud has become a huge problem for businesses both online and in person. Some estimates find that retailers lose $16 billion a year due to the sly tactics of sneaky criminals, and some of their crime isn’t even illegal.

Below, we explore the fraud to so often goes undetected – consumers taking advantage of retailers.

The adviser, Kenneth I.

Ruling for two corporate executives in prison for fraud, the Supreme Court dramatically narrowed the scope of a law often used by federal prosecutors in corruption cases.