Federal prosecutors, who are already prosecuting Bear Stearns hedge fund managers, have expanded their probe and there is a string of other fraud investigations under way.No surprises then that a...

Defense contractor BAE Systems is reeling from allegations that it was involved in bribery and corruption in relation to the Al-Yamamah arms contract with Saudi Arabia. As a result, the Financial...

The fallout from the Siemens saga continues with trials of two figures, including a former board member, now well under way, reports Deutsche Welle. Charges are around invoices for work that was...

The average company loss to fraud has hit $8.2 million over the past three years, up 22% on the previous year, according to the latest Kroll Global Fraud Report. The biggest increase was in the...

The former chief executive of Halliburton spin-off US construction firm KBR, Albert Stanley, is facing seven years in the slammer after pleading guilty to charges of corruption relating to Nigerian...

Weird days in the US justice system with former Tyco CEO Dennis Kozlowski and his chief numbers man Mark Swartz demanding that the New York State Court of Appeals throw out their convictions. This is...

So Conrad Black's latest appeal against his six and a half year sentence has been rejected. No surprises there. But it's not surprising either to read that the Lord Black of Crossharbour has...

Looks like Siemens is close to doing a deal with the Securities and Exchange Commission with Der Spiegel reporting that the company is about to secure a settlement with the regulator.This is the...

No surprises here with reports that Siemens had basically set up systems that had its managers aiding and abetting in the corruption.Based on the disclosures, here, it seems that Siemens'...

More signs that Britain will have a hard time internationally with Organization for Economic Co-operation and Development member-states slamming London's failure to deal with corporate...

As a piece of bizarre, self-serving crap, the piece from Conrad Black's grieving wide Barbara Amiel in The Times is hard to beat.Like her husband, she shows absolutely no remorse about the fraud...

The first Siemens manager has been convicted in the trial into the engineering group's bribery and corruption, according to the latest news.Reinhard Siekaczek (pictured above) has been given a...

A lot of focus has gone into the pressures that drive managers into committing fraud. Everything from incentive systems to pressure from analysts. But what about their own behavior? What about their...

The endless case of Conrad Black has moved into its latest phase, After the court rejected a plea to toss his conviction on fraud and lying about looting $6.1 million from his media empire, he is...

Never stand between an accounting firm and a bag of money.In the past we have seen KPMG getting embroiled in peddling tax havens for the rich. Now we are seeing revelations that UBS has been helping...

Some traditions die hard. Corruption in the old Soviet Union was always an issue. But now it's taken on a very different form: corporate raiding.According to this article in the Moscow Times, the...

Arms dealer BAE might be vowing to clean up after the Saudi bribery scandal but trouble is not going away.Swiss authorities have expanded their investigations into BAE following allegations that the...

In another sign that the administration is easing up on its fight against corporate crime, the US Justice Department is backing off from its hard-line that forces corporations to turn over...

The Siemens saga goes from bad to worse. Already under investigation in Germany and by the US Securities and Exchange Commission (SEC) and Department of Justice, the company has been hit with charges...