Martin Shkreli, Ex-Turing Pharmaceuticals CEO, Could Face New Securities Fraud Charges, Prosecutor Says

Martin Shkreli, Ex-Turing Pharmaceuticals CEO, Could Face New Securities Fraud Charges, Prosecutor Says

Former drug executive Martin Shkreli, who last year became a lightning rod for outrage over soaring prescription drug prices, may face additional U.S. charges of securities fraud, a federal prosecutor said on Tuesday.

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China Airs Two More Confessions by Taiwan Fraud Suspects

China Airs Two More Confessions by Taiwan Fraud Suspects

Confessions by two more Taiwanese telecoms fraud suspects, from among dozens deported from Kenya to China last month, were aired by Chinese state television on Monday, appearing to back China's contention that such crimes are lightly dealt with in Taiwan.

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New Jersey Representative, Citing Fraud, Calls on Congress to Investigate FEMA

New Jersey Representative, Citing Fraud, Calls on Congress to Investigate FEMA

A representative from New Jersey called on Thursday for a congressional investigation into the Federal Emergency Management Agency’s flood insurance program, alleging that wrongdoing by the agency had prevented thousands of victims of Hurricane Sandy from receiving the payouts they were entitled to in order to rebuild.

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Can You Spot a Fraud Perpetrator?

Can You Spot a Fraud Perpetrator?

A recent study provides an extensive look at occupational fraud – its cost, mitigating factors, and the best ways to detect and prevent it. Perhaps one of the most interesting parts of the study, however, is a section on the behavioral characteristics of those who commit fraud.

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SWIFT Warns Customers of Multiple Cyber Fraud Cases

SWIFT Warns Customers of Multiple Cyber Fraud Cases

SWIFT, the global financial network that banks use to transfer billions of dollars every day, warned its customers on Monday that it was aware of "a number of recent cyber incidents" where attackers had sent fraudulent messages over its system.

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