Thursday, December 8, 2016

Wells Fargo Incentives Lead to Fraud

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Wells Fargo, one of the largest banks in America, was fined $185 million for the company’s fraudulent selling practices. A Wall Street Jo...
1 comment:
Saturday, August 27, 2016

Combating Cheating in the Classroom

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Online resources students may use for cheating Have you ever heard of websites such as Course Hero, Quizlet, or Koofers? If you have, ...
Monday, August 15, 2016

Whose Job is it Anyway? Are Auditors Expected to Detect Fraud?

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A recent article in The Wall Street Journal details what could be one of the only legal cases from the great recession to actually go t...
Thursday, August 11, 2016

HSBC Holdings Receives Nothing More Than a Slap on the Wrist

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A recent article in The Wall Street Journal talks about the Justice Department’s decision to not pursue charges against HSBC for alleg...
Friday, August 5, 2016

Fraud Prevention in the Banking Industry

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According to a recent article on Bloomberg , banks are considering using blockchain technology, the same platform used in bitcoin transac...
Saturday, April 23, 2016

Expert Witnesses in the Armstrong Case: Are their Opinions Valid?

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It’s been over three years since Lance Armstrong admitted to doping throughout his career, but the lawsuit between the United States Post...
Monday, April 18, 2016

New Detection Method Could Have Caught Lance Armstrong

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There are several articles on Fraudbytes discussing doping in professional sports , but is there a way to stop doping? A recent article on...
Friday, April 1, 2016

Financial Crime Registry: Will it Deter Fraud and Improve Restitutions?

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Every state in the United States has a sex offender registry that is publicly available for everyone to see in order to identify people who...
1 comment:
Friday, March 25, 2016

How to Avoid Being Asked to Commit Fraud

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A recent article in The Economist discusses how to avoid being asked to commit fraud. It can be very uncomfortable if your manager ask...
Wednesday, March 23, 2016

Doping and Match Fixing: Has Tennis Crossed the Line?

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News of professional tennis player Maria Sharapova failing a drug test at the Australian Open has spread rapidly, especially since ten...
Tuesday, March 15, 2016

Advances in Technology for Auditing Firms: KPMG to Announce Deal with IBM Watson

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A recent article in The Wall Street Journal discussed the technological improvements among auditing firms (KPMG in particular). KPMG i...
2 comments:
Monday, February 15, 2016

Ponzi Scheme in China: $7.6 Billion Lost

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A recent article in The Economist elaborates on a massive Ponzi scheme that recently collapsed in China and caused 900,000 investors to...
Monday, January 4, 2016

Dodd-Frank Whistleblower Program Makes its Annual Report to Congress

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The Whistleblower Program was instituted in August of 2011 with the purpose of incentivizing people with inside, original information about...
Monday, December 21, 2015

Martin Shkreli: The Downward Spiral of Fraud and Greed

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Martin Shkreli, former CEO of a pharmaceutical company is known for buying up old drugs and immediately raising the price to consumers by...