Most Active Articles 2013-05-22T01:40:15.881-04:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:corporate-fraud Michelle Lockett mlockett714 urn:com:businessweek:bx:article:9172485125974998700-65fcc888799b72a0b1286fdb48d96689 2013-05-21T12:25:10.427-04:00

Hey God, if you exist, give some wisdom to Airtel so the leading mobile service provider could stop behaving like a mobile suffering provider.

Hey God, if you exist, give some wisdom to Airtel so the leading mobile service provider could stop behaving like a mobile suffering provider. http://www.rmndigital.com/airtel-indias-leading-mobile-suffering-provider/ Rakesh Raman rraman103 3 3 0 0 urn:com:businessweek:bx:article:14276980794772901142-b42bb9fc67b0f0788e4698c62263161b 2013-05-16T20:14:38.690-04:00

I’m sure that this is a grossly inflated number that you use to bamboozle the gullible advertisers and other Facebook stakeholders.

I’m sure that this is a grossly inflated number that you use to bamboozle the gullible advertisers and other Facebook stakeholders. http://www.rmndigital.com/mr-mark-i-am-fed-up-with-your-facebook/ Rakesh Raman rraman103 9 7 0 2 urn:com:businessweek:bx:article:12759965281221772776-22d52cb809afa553a720ea0f710162ca 2012-12-28T13:48:05.183-05:00

This BBC Panorama documentary outlines how one man stole a football club and broke a bank, and sets out to track down the individuals involved, sneaking a peek at the mastermind behind the schemes. In a bizarre series of events convicted fraudster, Russell King, falsely presented himself as a wealthy sheik; managing billions of dollars on behalf of the Bahraini royal family. He took control of half of a London investment bank (First London PLC), and lead negotiations for the purchase of Notts County Football Club by Munto Finance - a subsidiary of Qadbak Investments for the sum total of $1. Weirder still...

This BBC Panorama documentary outlines how one man stole a football club and broke a bank, and sets out to track down the individuals involved, sneaking a peek at the mastermind behind the schemes. In a bizarre series of events convicted fraudster, Russell King, falsely presented himself as a wealthy sheik; managing billions of dollars on behalf of the Bahraini royal family. He took control of half of a London investment bank (First London PLC), and lead negotiations for the purchase of Notts County Football Club by Munto Finance - a subsidiary of Qadbak Investments for the sum total of $1. Weirder still... http://www.financedocumentaries.com/2012/12/the-trillion-dollar-con-man.html Econ Grapher egrapher526 420 420 0 0 urn:com:businessweek:bx:article:4102217672852968583-9624c3df3cfea12d1156a8a81db38d92 2012-12-05T11:39:44.841-05:00

Exposure: Inside the Olympus Scandal: How I Went from CEO to Whistleblower.

Exposure: Inside the Olympus Scandal: How I Went from CEO to Whistleblower. http://www.economist.com/news/books-and-arts/21567046-what-really-happened-japans-premier-camera-maker-paying-price-doing-whats-right Tea Tree ttree910 445 445 0 0 urn:com:businessweek:bx:article:8676036359557797301-1bbc7025ba30bc727eb4ce031ecc8a71 2012-07-13T19:57:06.266-04:00

Finance has received a bad reputation through the financial crisis, and while not all that went on around the crisis was outright fraudulent, there have been through history some notable episodes. Be it from incompetence, poor governance, or deviousness; through history several figures have achieved noteriety for their sometimes spectacular misdeeds. This article lists the top 8 documentaries on financial crime and fraud. While these cases are extremely interesting and appalling, they are also very informative in terms of equipping yourself to notice some of the warning signs.

Finance has received a bad reputation through the financial crisis, and while not all that went on around the crisis was outright fraudulent, there have been through history some notable episodes. Be it from incompetence, poor governance, or deviousness; through history several figures have achieved noteriety for their sometimes spectacular misdeeds. This article lists the top 8 documentaries on financial crime and fraud. While these cases are extremely interesting and appalling, they are also very informative in terms of equipping yourself to notice some of the warning signs. http://www.alleconomists.com/2012/07/top-8-documentaries-on-financial-crime.html Econ Grapher egrapher526 488 488 0 0 urn:com:businessweek:bx:article:8308831141751090985-702a106735dcb6936c4ded11a95de10c 2013-02-09T23:23:44.581-05:00

This presentation on investor protection is from the Invest Ed education program from the Oklahoma Securities Commission. The video, presented by Irving Faught, outlines the "common types of investment fraud, how to protect yourself from investment fraud and scam artists, and what to do if you become the victim of investment fraud". This sort of educational video is likely invaluable material for investors, particularly older investors who have accumulated savings over their life - it warns of the very real risks out there, with the various sophisticated scams and schemes that are set up to rob people of their hard earned savings. For more...

This presentation on investor protection is from the Invest Ed education program from the Oklahoma Securities Commission. The video, presented by Irving Faught, outlines the "common types of investment fraud, how to protect yourself from investment fraud and scam artists, and what to do if you become the victim of investment fraud". This sort of educational video is likely invaluable material for investors, particularly older investors who have accumulated savings over their life - it warns of the very real risks out there, with the various sophisticated scams and schemes that are set up to rob people of their hard earned savings. For more... http://www.financedocumentaries.com/2013/02/investor-protection-presentation.html Econ Grapher egrapher526 72 72 0 0 urn:com:businessweek:bx:article:13946102620924475235-cd1f83b12642792668ec7abbd99d2025 2012-08-17T18:22:27.207-04:00

Insider trading is an ugly and unfortunate reality of the stock market - information is power, and if you have better information faster than anyone else you will have an edge in making money. Insider trading is unfair and distorts the functioning and confidence of markets, as such it is illegal in most jurisdictions and considered unethical by most. Raj Rajaratnam proved with his meteoric rise to wealth and power in the hedge fund business (Galleon Group) that good connections can be better than good analysis. Raj grew an influential network of contacts, and tempted a few close contacts to sell their souls - becoming key conduits of insider information for Raj's hedge fund trading operation. In the end, unsurprisingly, Raj attracted the attention of the authorities and inevitably slipped up and was convicted and sentenced to 11 years in prison and fined $150 million.

Insider trading is an ugly and unfortunate reality of the stock market - information is power, and if you have better information faster than anyone else you will have an edge in making money. Insider trading is unfair and distorts the functioning and confidence of markets, as such it is illegal in most jurisdictions and considered unethical by most. Raj Rajaratnam proved with his meteoric rise to wealth and power in the hedge fund business (Galleon Group) that good connections can be better than good analysis. Raj grew an influential network of contacts, and tempted a few close contacts to sell their souls - becoming key conduits of insider information for Raj's hedge fund trading operation. In the end, unsurprisingly, Raj attracted the attention of the authorities and inevitably slipped up and was convicted and sentenced to 11 years in prison and fined $150 million. http://www.financedocumentaries.com/2012/07/american-greed-insider-trading.html Econ Grapher egrapher526 278 277 1 0 urn:com:businessweek:bx:article:11094606908220264819-d199b89968e71a78030d2e924769da29 2011-09-06T15:29:28.934-04:00

Gary Foster, a former Citigroup Inc. vice president accused of embezzling $22.9 million from the bank, pleaded guilty to one count of bank fraud in federal court in Brooklyn, New York.

Gary Foster, a former Citigroup Inc. vice president accused of embezzling $22.9 million from the bank, pleaded guilty to one count of bank fraud in federal court in Brooklyn, New York. http://www.bloomberg.com/news/2011-09-06/ex-citigroup-vice-president-said-to-plan-guilty-plea-in-19-million-scheme.html Mohammed Masoud CPA,CFE,CICA,MBA mmasoud475 920 919 0 1 urn:com:businessweek:bx:article:1900560815942499845-633596fdea1eb57204e3b496e955dba7 2012-09-12T12:14:17.478-04:00

Facebook has been successful in enticing advertisers through its claims of having over 900 million active users.

Facebook has been successful in enticing advertisers through its claims of having over 900 million active users. http://www.rmndigital.com/why-you-should-not-advertise-on-facebook/ Rakesh Raman rraman103 136 136 0 0 urn:com:businessweek:bx:article:3565492929079686442-c0542d17ab62fa53f38cf4a8c6ac45d1 2012-07-11T08:12:16.774-04:00

FTC plans to fine Google $22.5 million for hacking around privacy settings on iPhones and iPads that use Apple's Safari browser.

FTC plans to fine Google $22.5 million for hacking around privacy settings on iPhones and iPads that use Apple's Safari browser. http://www.rmndigital.com/ftc-to-punish-google-for-mobile-hacking/ Rakesh Raman rraman103 184 184 0 0 urn:com:businessweek:bx:article:1327246172926257997-8ea3adf11d9ac5da5efa6d866f24a9d2 2012-01-04T16:10:46.759-05:00

MF Global unloaded hundreds of millions of dollars' worth of securities to Goldman Sachs in the days leading up to its collapse, according to two former MF Global employees with direct knowledge of the transactions. But it did not immediately receive payment from its clearing firm and lender, JPMorgan Chase & Co (JPM.N), one of the sources said.

MF Global unloaded hundreds of millions of dollars' worth of securities to Goldman Sachs in the days leading up to its collapse, according to two former MF Global employees with direct knowledge of the transactions. But it did not immediately receive payment from its clearing firm and lender, JPMorgan Chase & Co (JPM.N), one of the sources said. http://www.reuters.com/article/2012/01/04/us-mfglobal-goldman-idUSTRE80301V20120104 Timothy Barello tbarello599 328 328 0 0 urn:com:businessweek:bx:article:12458180580071481966-576e9faa40d198c899d4284a96908d36 2012-11-18T12:27:33.070-05:00

The term 'boiler room' basically refers to an outbound call centre that makes many cold calls to try and push dodgy investments. The salesmen in the boiler room operations will typically use high pressure and dishonest sales tactics to push their ideas - which are often either pump and dump scams, penny stocks, private placements, or outright stock fraud. This documentary investigates one instance of a boiler room operation set up in Bangkok and run by young western expats.

The term 'boiler room' basically refers to an outbound call centre that makes many cold calls to try and push dodgy investments. The salesmen in the boiler room operations will typically use high pressure and dishonest sales tactics to push their ideas - which are often either pump and dump scams, penny stocks, private placements, or outright stock fraud. This documentary investigates one instance of a boiler room operation set up in Bangkok and run by young western expats. http://www.financedocumentaries.com/2012/11/beyond-boiler-room.html Econ Grapher egrapher526 52 52 0 0 urn:com:businessweek:bx:article:11024879560419679317-00159fb64e3220e2b657a0a82093f781 2011-11-18T22:03:37.245-05:00

This documentary details what went on in the Crazy Eddie fraud. Crazy Eddie was an electronics retailing chain that quickly became a success story and went on to raise millions of dollars in an IPO. But the apparent success was all based on a culture of highly questionable, and outright fraudulent and criminal business practices; all driven by CEO Eddie Antar. Well worth a watch for those in the business of preventing and detecting fraud, but also for investors and those with a general interest in business and investing.

This documentary details what went on in the Crazy Eddie fraud. Crazy Eddie was an electronics retailing chain that quickly became a success story and went on to raise millions of dollars in an IPO. But the apparent success was all based on a culture of highly questionable, and outright fraudulent and criminal business practices; all driven by CEO Eddie Antar. Well worth a watch for those in the business of preventing and detecting fraud, but also for investors and those with a general interest in business and investing. http://www.financedocumentaries.com/2011/11/masterminds-crazy-eddie.html Econ Grapher egrapher526 369 369 0 0 urn:com:businessweek:bx:article:2109187609068139750-1e886290bc690a0f0dbd5bba4ce5342c 2011-03-31T08:59:00.000-04:00

A Saudi Arabian company is suing the former chief executive of a for $9.2 billion, alleging he helped stage one of the in history. But the American is alleging quite the opposite. The

A Saudi Arabian company is suing the former chief executive of a for $9.2 billion, alleging he helped stage one of the in history. But the American is alleging quite the opposite. The http://c.moreover.com/click/here.pl?r4454511448&f=9791 451 451 0 0 urn:com:businessweek:bx:article:924821989900437123-fe353925e0b4ed9d2c1dec1c1194816e 2011-11-08T08:16:00.830-05:00

Occupational fraud is a global problem. Though some findings differ slightly from region to region, most of the trends in fraud schemes, perpetrator characteristics and anti-fraud controls are similar regardless of where the fraud occurred. So...

Occupational fraud is a global problem. Though some findings differ slightly from region to region, most of the trends in fraud schemes, perpetrator characteristics and anti-fraud controls are similar regardless of where the fraud occurred. So... http://www.ramanmedianetwork.com/how-to-deal-with-white-collar-crime/ Rakesh Raman rraman103 226 225 1 0 urn:com:businessweek:bx:article:16017928674608149982-5d075c771081ccff06aaa0e2a2e02c6b 2012-03-11T15:37:43.761-04:00

The Justice Department is waging an aggressive — and controversial — campaign against bribery in global business.

The Justice Department is waging an aggressive — and controversial — campaign against bribery in global business. http://www.nytimes.com/2012/03/11/business/corporate-bribery-war-has-hits-and-a-few-misses.html Tea Tree ttree910 154 154 0 0 urn:com:businessweek:bx:article:10638778936230991074-a7d00239d75a861ef4e332b8cf061013 2012-06-29T19:18:08.722-04:00

This documentary from PBS Frontline, "Six Billion Dollar Bet" provides a fascinating insight into the rise and fall of MF Global under Jon Corzine's reign. It covers Jon Corzine's rise at Goldman Sachs, and subsequent entry into politics. What is really interesting is the "why" - why he decided to go and run the relatively small MF Global, and how he wanted to implement on his grand ambitions to prove to Wall Street that they made a mistake when they ousted him from Goldman Sachs.

This documentary from PBS Frontline, "Six Billion Dollar Bet" provides a fascinating insight into the rise and fall of MF Global under Jon Corzine's reign. It covers Jon Corzine's rise at Goldman Sachs, and subsequent entry into politics. What is really interesting is the "why" - why he decided to go and run the relatively small MF Global, and how he wanted to implement on his grand ambitions to prove to Wall Street that they made a mistake when they ousted him from Goldman Sachs. http://www.financedocumentaries.com/2012/06/six-billion-dollar-bet.html Econ Grapher egrapher526 86 86 0 0 urn:com:businessweek:bx:article:14430595648531160050-a006c24d133aee9ef6a9c20173ef2ba9 2011-10-13T12:43:31.026-04:00

Raj Rajaratnam, the Galleon Group LLC co-founder and hedge fund manager whom prosecutors called “the modern face of illegal insider trading,” was sentenced to 11 years in prison, less than half of the maximum sentence sought by the government.

Raj Rajaratnam, the Galleon Group LLC co-founder and hedge fund manager whom prosecutors called “the modern face of illegal insider trading,” was sentenced to 11 years in prison, less than half of the maximum sentence sought by the government. http://www.bloomberg.com/news/2011-10-13/rajaratnam-gets-11-year-prison-sentence-for-galleon-insider-trading-scheme.html Yam DM ydelapena633 178 177 0 1 urn:com:businessweek:bx:article:14132860038814358935-a55a59ef078c56ebf2e966024bcab945 2011-02-28T23:49:00.000-05:00

as a supply manager, admitted guilt yesterday in federal court in San Jose, Calif., on charges of wire fraud, conspiracy, and money laundering. He was accused of taking kickbacks from Apple suppliers in exchange for information, according to the U.S.

as a supply manager, admitted guilt yesterday in federal court in San Jose, Calif., on charges of wire fraud, conspiracy, and money laundering. He was accused of taking kickbacks from Apple suppliers in exchange for information, according to the U.S. http://c.moreover.com/click/here.pl?r4188890775&f=9791 259 259 0 0 urn:com:businessweek:bx:article:1452751592358893677-15812d56719c82c2e518d4b6b6af5e75 2012-04-19T13:46:37.752-04:00

Social media frauds include the deployment of cheap workers by social media agencies and brand marketers. These low-cost workers keep Liking posts and pages and they write useless comments like “Cool,” “True,” “Very true…” and so on. Here are:

Social media frauds include the deployment of cheap workers by social media agencies and brand marketers. These low-cost workers keep Liking posts and pages and they write useless comments like “Cool,” “True,” “Very true…” and so on. Here are: http://www.ramanmedianetwork.com/five-bitter-truths-about-social-media/ Rakesh Raman rraman103 73 73 0 0 urn:com:businessweek:bx:article:4649371512936537590-b982eee649e21d4f5e54722a1445debf 2010-04-16T16:49:10.895-04:00

Today, the SEC announced civil charges against Goldman Sachs for committing fraud that cost investors more than $1 billion by “making materially misleading statements and omissions in connection with a synthetic collateralized debt obligation (“CDO”) GS&Co structured and marketed to investors.”

Today, the SEC announced civil charges against Goldman Sachs for committing fraud that cost investors more than $1 billion by “making materially misleading statements and omissions in connection with a synthetic collateralized debt obligation (“CDO”) GS&Co structured and marketed to investors.” http://www.examiner.com/x-9341-Manhattan-Headlines-Examiner~y2010m4d16-As-Goldman-Sachs-faces-1B-SEC-fraud-charges-CMKM-Diamonds-shareholder-reveals-penny-stock-shock Timothy Barello tbarello599 437 437 0 0 urn:com:businessweek:bx:article:5818735754082586086-5dee8640e4999182ac0778646199c8b4 2011-12-05T10:57:09.599-05:00

In the event you as a small business owner are worried about employee fraud in your office, keep these factors in mind...

In the event you as a small business owner are worried about employee fraud in your office, keep these factors in mind... http://www.noobpreneur.com/2011/12/05/employee-fraud-can-have-serious-repercussions-on-your-small-business/ Ivan Widjaya iwidjaya482 91 91 0 0 urn:com:businessweek:bx:article:13014068697241744731-89faa96c5eff2cb80764e5a19de79d13 2011-03-31T21:59:00.000-04:00

of the nations largest construction companies will pay $19.6 million to settle criminal allegations that it committed fraud against government programs on more than a decades worth of public works projects, including the $1.4 billion , according to court

of the nations largest construction companies will pay $19.6 million to settle criminal allegations that it committed fraud against government programs on more than a decades worth of public works projects, including the $1.4 billion , according to court http://c.moreover.com/click/here.pl?r4457556979&f=9791 197 197 0 0 urn:com:businessweek:bx:article:9874254981393694113-2a5d1353676658fddc3003e0f73c2b13 2012-09-17T23:31:01.172-04:00

Aging queen Sonika was lost in her thoughts as her eyes were groping the vacuum around her. When her mind was under the control of her thoughts, she heard a susurrus at the doorway. What was that? Find out for yourself in this intriguing story.

Aging queen Sonika was lost in her thoughts as her eyes were groping the vacuum around her. When her mind was under the control of her thoughts, she heard a susurrus at the doorway. What was that? Find out for yourself in this intriguing story. http://www.ramanmedianetwork.com/dream-of-the-senile-queen-for-the-silent-prince/ Rakesh Raman rraman103 21 21 0 0 urn:com:businessweek:bx:article:11099078370953423391-27bca52a00961316b8be16883ab4e554 2011-05-26T04:08:52.341-04:00

Blow the whistle on financial fraud, earn valuable rewards. The Securities and Exchange Commission (SEC) approved rules Wednesday that could... WASHINGTON ? Blow the whistle on financial fraud, earn valuable rewards. The Securities and Exchange Commission

Blow the whistle on financial fraud, earn valuable rewards. The Securities and Exchange Commission (SEC) approved rules Wednesday that could... WASHINGTON ? Blow the whistle on financial fraud, earn valuable rewards. The Securities and Exchange Commission http://c.moreover.com/click/here.pl?r4671004124&f=9791 145 145 0 0