Financial Crime Online

Levitt and Jacobson are the authors of the recently released study, “The Money Trail: Finding, Following and Freezing Terrorist Finances.” The LA Times published their call to keep following the money in the US anti terrorism strategy:
The terrorist attacks on the transportation system in London in July 2005 killed 52 innocent people but only [...]

Satyam Computer Services, a leading Indian outsourcing company that serves more than a third of the Fortune 500 companies, significantly inflated its earnings and assets for years, the chairman and co-founder said Wednesday, roiling Indian stock markets and throwing the industry into turmoil.
The chairman admitted that $1 billion of the assets on the balance sheet [...]

With Madoff in our minds, it is still interesting to hear about a $50 million Ponzi scheme? Almost an amateur set up you would think. Why not go for gold and ‘make no small plans’? The Securities and ExchangeCommission has charged a Philadelphia-area investment fund manager and his firm for conducting a multi-million dollar Ponzi [...]