FraudBytes
Thursday, May 21, 2015

Fake Diplomas: Too Good to Be True

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An example of a fake diploma issued by one of Axact's fictitious schools, Grant Town University. Earning a diploma for high schoo...
Thursday, February 19, 2015

Industries that Rely on the Illusion of Causality

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I've been intrigued (and somewhat disgusted) by industries that sell worthless products to people who desperately want to find a cure ...
Monday, December 29, 2014

It’s the Most Wonderful Time of the Year… For Scammers Too

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During the holiday season, many people choose to give and help others around them, but sometimes due to the spirit of giving that aboun...
Thursday, December 11, 2014

Fighting Fraud with Mathematical Weapons

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According to a Wall Street Journal article , forensic accountants recently uncovered a several hundred thousand dollar fraud committed by e...
2 comments:
Thursday, November 27, 2014

Individuals Causing the 2008 Housing Crisis Receive No More Than a Slap on the Wrist

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Following the 2008 housing crisis, several of the banks involved paid large settlement fines. JPMorgan Chase was one of those banks. The Ju...

Research Study Suggests That the Culture in the Banking Industry Leads to Dishonesty

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Financial Times recently printed an article about a study done by researchers at the University of Zurich which suggested that bankers h...
Saturday, November 15, 2014

Would You Break the Law for $1 Million?

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A survey was recently conducted in Korea where participants were asked if they would break the law in order to gain the equivalent of $95...
Tuesday, November 11, 2014

The Latest in Detecting Deception

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I spend about two and a half weeks in my Fraud Examination class studying how we can detect when someone is being deceptive. I think it'...
2 comments:
Saturday, November 1, 2014

Lie Detector Could Help Stop Doping in Sports

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They say a picture is worth a thousand words—and researchers have found a video can be worth even more. A recent article talks about rese...
Saturday, October 25, 2014

Competitive Sports Leads to Academic Fraud at UNC

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A report was recently released with findings of an  investigation  on academic fraud at the University of North Carolina. The report stat...
Thursday, October 23, 2014

Insider Trading: Employing Mob-like Tactics to Realize Tremendous Profits

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An article from earlier this year on fortune.com said that “more than half of the best-known white-collar inmates… are in prison beca...
Tuesday, October 21, 2014

Uncovering Pharmaceutical Fraud

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In a previous post , I mentioned a research paper that was published in The Lancet that made claims that a certain vaccine caused autism...
Tuesday, October 14, 2014

Doping in Sports and Financial Statement Fraud

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I just read an interesting article titled: " Instead of punishing dirty cyclists, should we reward the clean ?" The idea is to ...
Friday, October 3, 2014

Connections Between the Big Banks and Holder's Justice Department: No Wonder There Aren't Criminal Cases

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Eric Holder (from The Guardian) A story in The Guardian  discusses connections that Eric Holder and Lanny Breuer have with a law firm, C...
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