Search results
Results From The WOW.Com Content Network
WorldCom scandal. The WorldCom scandal was a major accounting scandal that came into light in the summer of 2002 at WorldCom, the USA's second-largest long-distance telephone company at the time. From 1999 to 2002, senior executives at WorldCom led by founder and CEO Bernard Ebbers orchestrated a scheme to inflate earnings in order to maintain ...
Courtesy of the Long Now Foundation/Jeff Bezos. 8. Useless Things. The ultra rich are also known to spend tons of money on things that are completely useless. Case in point: Amazon founder Jeff ...
The city of Detroit has agreed to pay $300,000 to a man who was wrongly accused of shoplifting and also change how police use facial recognition technology to solve crimes. The conditions are part ...
Exit scam. An exit scam, is a confidence trick, con job or fraud, perpetuated under the guise of a legitimate business, that ends when the originator absconds with the funds contributed by participants. [1] When a business entity rug-pulls and stops shipping orders while receiving payment for new orders, it could take some time before it is ...
Proceeds of Crime Act 2002 and the Proceeds of Crime Regulations 2002, which provide for the confiscation of the proceeds of crime. United States. Under federal law, bank fraud in the United States is defined, and made illegal, primarily by the bank fraud statute in Title 18 of the U.S. Code. 18 U.S.C. § 1344 states:
Raycon has an amazing selection of best selling earbuds, headphones and more which rival the most popular brands — but best of all, they’re significantly less expensive. And right now, you can ...
In the 2010s and 2020s, the yakuza's main source of funding is a fraud called tokushu sagi (特殊詐欺, special fraud), which mainly targets the elderly to cheat them out of large amounts of money. Their methods include calling the homes of elderly people to beg for money by pretending to be the elderly person's son, or visiting the homes of ...
A former technology executive has pleaded guilty to a single count of fraud involving a scheme to artificially inflate the share price of photo and video distributor , federal officials said Friday.