In the past, I have done blog entries here and here looking at how the FBI is increasingly focusing on mortgage fraud.Now we have Federal Bureau of Investigation director Robert Mueller warning that...

In the past, I have looked at Samsung's bribery scandal and allegations that Samsung chairman Lee Kun-hee set up a $225 million slush fund to buy art for his art museum director wife.The good...

Money is better than poverty, as Woody Allen once said, if only for financial reasons.Still, many studies have found that the equation between happiness and money is a conundrum. Average incomes have...

Accounting firm Grant Thornton has been hauled over the coals by the Public Company Accounting Oversight Board for its slack audits.With one client, the so-called experts at Grant Thornton failed to...

Back in February, I looked at how Wesley Snipes had been found a little guilty of tax dodging. He was cleared of federal tax-fraud and conspiracy charges but found guilty of three misdemeanor counts...

Last month, I looked at how Siemens was struggling to change its bribe-prone culture. At the time, I said it would take more than a new chief executive to root out the corrupt practices inside the...

Fewer large corporations are getting audited. Instead, the Internal Revenue Service is cracking down on smaller corporations, particularly for those with $50 million or less in assets. While big...

Massive implications from last week's High Court decision in London overturning the British government decision to drop an investigation into alleged bribery and corruption in a major deal...

Following the uproar over the scandals linking corrupt to corrupt politicians, and corporate money finding its way into the pockets of both parties, company directors say they want disclosure. But...

In times of recession, people's thoughts turn to survival. And there are a series of tried and true strategies for individuals and companies.For individuals, it's about networking furiously,...

Much has been said about Sarbanes-Oxley stopping backdating. But is that true? Has it actually improved corporate governance?Under Sarbanes-Oxley, all high-level executive stock option grants and...

With the International Monetary Fund warning that the United States will slump into recession following the largest financial shock since the Great Depression, billionaire George Soros now warns it...

Earlier this month, I looked at how class actions were on the rise, up 21 per cent, from 92 in 2006 to 111 in 2007. At the time, I suggested that the subprime crisis may well drive the trend......

To what extent is the subprime meltdown the result of an accounting technique?In theory, mark to market accounting sounds neat because it potentially gives a more realistic take by assigning a value...

Last month, I did a blog entry looking at data showing a big drop in efforts from the Federal Bureau of Investigation, Secret Service, postal service and Internal Revenue Service in fighting white...

Chinese stock markets seem to be headed for free fall. The bubble is deflating and the losses for investors make what's happening in the US look like a picnic, reports the Los Angeles Times'...

The best example of the link between lobbying and fraudulent companies was Enron. In its day, Enron had Enron had gained favours by lobbying Congress, federal and state governments, and various...

"There are three kinds of lies: lies, damned lies, and statistics" - Benjamin Disraelisatan delights equally in statistics and in quoting scripture - HG Wells."Statistics can be...

Nearly $240 million in reported losses from Internet crime, up $40 million from last year, according to figures reported to the FBI.The Internet Crime Complaint Center, a joint venture between the...