The Story of Brigitte Jackson

How to get away with tax fraud

Forbes

“… I’m not as cool as Viola Davis and let’s face it, I just can’t pull it off. I have, however, been at this gig for awhile so I have a general idea about what will land you behind bars – or at the least, in front of a judge.”

Read full article.

Former Official Pleads the Fifth In Response to Indictment

Former GSA official Neely indicted on five counts of fraud

The Washington Post 

A former government official at the center of the General Services Administration’s Las Vegas conference scandal faces criminal charges after a federal grand jury indicted him on five counts of fraud Thursday. Prosecutors from the U.S. Attorney’s Office for the Northern District of California said former GSA western regions commissioner Jeffrey E. Neely fraudulently sought reimbursement for personal travel and expenses by submitting false claims.

Read full article.

Putting Logic Into Credit Cards

Why the heyday of credit card fraud is almost over

Wired

In 1960, an IBM engineer named Forrest Parry was developing a new type of ID card for the CIA when he had an epiphany: Why not make each card a tiny data storage device in and of itself? He cut a short length of half-inch wide magnetic tape from a reel and wrapped it around a blank plastic card, secured it with Scotch tape, and then, at his wife’s suggestion, pressed it on with a warm iron.

The magnetic stripe card was born.

Read full article. 

SEC Awards Whistleblower A Record Amount

SEC pays $30 million to whistleblower in largest award 

Bloomberg

The U.S. Securities and Exchange Commission awarded more than $30 million to a whistleblower in its largest payout from a program started in 2011 to encourage people to come forward with evidence of securities fraud. 

The whistleblower, who lives outside of the U.S., provided key information in an enforcement action that the SEC didn't identify, the agency said today in a statement. Whistleblower awards range from 10 percent to 30 percent of the money collected in a case. 

Read full article.

France's Generous Welfare System Has Been Defrauded

French welfare fraud costs 20-25 billion euros per year

Reuters

Fraud in France's indebted welfare system costs the country between 20-25 billion euros ($26-32 billion) per year and only a tiny fraction of that amount is ever recovered, an estimate by the French national auditor showed on Wednesday.

Read full article

Prepaid Debit Cards Have Become a Magnet for Fraud Schemes

Advocating for victims of prepaid-card fraud

The New York Times

For months, telephone fraudsters hijacked the name of a litigation partner at a prominent law firm. The lawyer, Emily J. Henn, said her name kept cropping up in a scheme that asked its victims to make cash payments using a prepaid debit card to pay taxes owed on a fictitious lottery prize.

Read the full article