RESULTS FOR: Fraud
Lost in the uproar over the China Initiative that the Justice Department eventually shut down was the role of universities in ensuring compliance with disclosure requirements related to foreign affiliations. In at least some of the cases, signs of potentially inappropriate affiliations seem to have been missed by university officials, leading to intrusive and disruptive criminal investigations. Even in cases where a prosecution is successful, you must ask whether it was worth it when it could have all been so … Read More
June 23, 2022 | Financial Crime Consulting
When the tide goes out, as it appears to be doing now with the market down 20% percent from its highs in January, bad actors will be left exposed for everyone to see. Simply put, as the market drops those companies hiding behind lofty share prices and astronomical crypto values will be scrutinized to determine if financial fraud and white-collar crime was behind this activity.
The Department of Justice recently brought two significant, complex cases that illustrate this point when … Read More
April 3, 2020 | Investigations
International fraudsters are already exploiting the Coronavirus and new federal CARES Act aid, relief, and stimulus programs, which include emergency cash payments to individuals and businesses. Expect the fraud attempts to continue throughout and after the pandemic.
Criminals are using various means to contact potential victims, including:
• spoofed (forged sender/header) email and phone calls posing as U.S. Treasury officials requesting potential victims provide personal identifying information (“PII”) to receive aid payments; and
• text messages with links to official-looking … Read More
Employers who have dedicated resources to developing a robust I-9 compliance program, and who also follow trends related to identification documents to prevent fraud, should pay attention to a new area of concern — interim driver’s licenses.
Many states have enhanced the security of their driver’s licenses and identification cards over the past several years. These enhancements consist of new security features, printing, holograms, and tamper resistant formats. Some states periodically enhance the security features of their documents, and others … Read More
October 30, 2017 | Monitoring
The recent series of natural disasters has left a staggering toll of ruin and loss. The instinct of all involved, citizens, businesses and government, is to clear the debris, restore energy and communications, and rebuild and repair infrastructure and buildings as quickly as possible.
Indeed, the recovery work itself is a cathartic experience that expresses hope in a restored future and the determination to get there.