Fugitives facing U.S. fraud charges vulnerable under deal with Cuba
In recent years, dozens of Medicare, credit card and mortgage fraudsters who came to the United States from Cuba have avoided prosecution by jumping bail and fleeing to their homeland.
Under President Obama's new Cuba policy, the fraudsters, who have cost U.S. tax payers hundreds of millions of dollars, could finally come under the long arm of U.S. law.
Spike in fake ID schemes confounds banks' fraud filters
Identity fraud, especially so-called synthetic schemes that use completely or partly made-up identities, is on the rise and hitting banks hard.
Using fingerprints to fight fraud
Gov Info Security
Federal authorities are continuing to ramp up a new program of requiring fingerprint-based criminal background checks for the owners of durable medical equipment, home care and hospice care provider organizations who want to serve Medicare patients. The Centers for Medicare and Medicaid Services and the FBI are collaborating on the effort, aimed at cracking down on fraudulent Medicare claims, which historically have been more common in these two sectors.
6 ways to protect your accounts against investment fraud
The theft of customer data at Morgan Stanley earlier this month is just one more in a long list of reasons for investors to make sure they know and trust the people managing their money.
Mutual fund billionaire accused of fraud in suit
New York Times
Charles B. Johnson has been lauded for numerous accomplishments. But now Mr. Johnson, 82, stands accused of helping defraud the heir of one of the earliest investors in Franklin Resources out of $150 million.
The SEC is considering new rules to prevent microcap stock fraud
In their battle to root out microcap stock fraudsters, U.S. securities regulators are turning their attention to the obscure world of transfer agents, who are sometimes in a position to prevent scams, or help to enable them.