Response from: Brian F    (04/01/09 4:58am)

In matters of fraud, a proven anecdotal handed down from generation to generation: one good deed gets good karma and vice- versa.If there’s a crime, there’s imprisonment waiting or so there is. Lance Poulsen isn\'t going to need a cash advance loan ever again. He won\'t need one because Lance Poulsen is going to be in prison for the rest of his life, in all likelihood. The 65 year old was convicted of corporate fraud, and after being handed a ten year sentence several years ago, has had another 30 years tacked onto the time he already has. His associates Karl Demmler, convicted of bribery, and Rebecca Parrett have also been convicted and sentenced, although Parrett has been a fugitive for months. Parrett and Poulsen are both liable for about $3 billion in restitution. However, it will take Lance Poulsen a long time to make that in license plates.

Response from: BizzBites.com

Sarbanes-Oxley was supposed to clamp down on fraud and restore investor confidence. Now new figures show how badly it failed. Despite tougher anti-fraud measures, three out of four certified fraud examiners feel fraud is more prevalent today than it wa...

Response from: news.fatpitchfinancials.com

Sarbanes-Oxley was supposed to clamp down on fraud and restore investor confidence. Now new figures show how badly it failed. Despite tougher anti-fraud measures, three out of four certified fraud examiners feel fraud is more prevalent today than it wa...

Response from: Ideoblog

For all of its enormous costs, SOX was at least supposed to stop fraud, right? And prevent another Enron, right? Wrong. From SOX First comes this: Despite tougher anti-fraud measures, three out of four certified fraud examiners feel fraud is