More Than One or Two Bad Apples

Here’s how shady tax preparers plan to steal your money

TIME

Fraud among fly-by-night, seasonal tax preparers who open up shop in vacant storefronts and trailers costs taxpayers billions of dollars each year. It has prompted the IRS to seek to regulate tax preparers by requiring education courses and examinations.

Read the full article.

Nonprofit Gone Wrong

Small-town rescue squad president defrauds insurance providers of more than $900,000

Fraud Magazine

Saltville is a small town in the middle of the mountains of Southwest Virginia. Its population is just under 2,100, and the median annual income is just over $31,000. Saltville claims a rich history, but sadly the town has become better known for a series of scandals in recent years. 

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Economist Steals and Runs

Czech fraudster gets hired as museum's chief economist, steals $500,000 and runs

Business Insider

Police came on Thursday to arrest Vladimir Prokop at his office at the National Agriculture Museum, close to the Interior Ministry. He fled through the exhibition halls of the museum, an emergency exit staircase and then hailed a cab, television Nova reported late on Friday.

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Counter-intelligence Becoming More Common at Banks

Hacking back: Bankers go undercover to catch bad guys

The Economist

Five years ago MI5, Britain’s security service, sent a document to British firms, giving warning that Chinese spies could be seeking to “exploit vulnerabilities such as sexual relationships” among Western businesspeople. Moneymen are obvious targets for honey traps, but they can set them too—as they are increasingly doing to catch cyber-fraudsters.

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From CEO to Whistleblower

Ex-Olympus CEO describes the hostile board showdown that left him in fear for his life

Business Insider

Months after becoming Olympus’ first non-Japanese president in 2011, British executive Michael Woodford called for an investigation into fraud allegations. Woodford’s actions led to his own ouster, followed by the exposure of a $US1.7 billion fraud and the arrest of the Chairman Tsuyoshi Kikukawa and others with ties to the scandal. 

Read an excerpt from Woodford's book, Exposure.