Tag Archives: fraud


Madoff investigator accuses General Electric of $38 bn fraud

08 August, 2019 3:58 am 3:58 am

US – A private financial investigator who flagged warnings about Bernard Madoff’s $65bn Ponzi scheme is now targeting one of America’s blue chip companies- General Electric (GE). Harry Markopolos claimed that GE was hiding an accounting scandal, sending its shares tumbling. In a 175-page report, he accused GE of concealing $38.1bn in potential losses and … Read More

machine BJP India Indian opposition India’s opposition vote machine fraud vote machine fraud fraud

India’s opposition parties allege vote machine fraud

05 May, 2019 9:01 pm 9:01 pm

NEW DELHI (AFP) – India’s main opposition parties Tuesday alleged voting fraud in the country’s general election, days after exit polls predicted a comfortable win for Prime Minister Narendra Modi’s ruling right-wing party. Members of as many as 22 parties called on the poll watchdog and demanded that electronic machines used to record votes be … Read More

fraud fake heiress York lite dazzled German woman

Fake heiress who dazzled York elite gets four to 12 years for fraud

05 May, 2019 8:32 am 8:32 am

NEW YORK (Reuters) – A German woman who posed as a wealthy heiress to scam New York hotels, fashionable friends and banks with a blizzard of forged documents was sentenced to four to 12 years in prison after a jury convicted her of fraud last month. Anna Sorokin, 28, was better known to her Manhattan … Read More

California, man, pleads, guilty, running, college, admissions, fraud, scheme

California man pleads guilty to running college admissions fraud scheme

03 March, 2019 10:06 am 10:06 am

BOSTON (Reuters) – A California man on Tuesday pleaded guilty to running a $25 million (£19.1 million) scheme to fraudulently help wealthy parents secure seats for their children at elite universities, in what prosecutors called the largest case of college admissions fraud in U.S. history. William “Rick” Singer, Edge College & Career Network’s founder, pleaded … Read More

Britain, financial industry, fraud, corruption, dirty money, task force

Britain launches task force to tackle dirty money

01 January, 2019 8:54 am 8:54 am

LONDON (Reuters) – Britain will work with the financial industry to crack down on fraud, corruption and dirty money by launching a task force that will include senior banking figures, the finance ministry said on Monday. The chief executives of Santander, Lloyds and Barclays banks will be among members of the Economic Crime Strategic Board, … Read More

No action being taken against Iftikhar Ch involved in corruption: Fawad Ch

06 June, 2018 7:23 pm 7:23 pm

ISLAMABAD (92 News) – PTI leader Fawad Chaudhry has said that former chief justice Iftikhar Ch is involved in corruption and no action is being taken against him. Addressing a press conference on Monday, he alleged that Iftikhar Ch, his son, daughter and son-in-law are involved in the Eden Housing scam, demanding the NAB arrest … Read More