WALL STREET FRAUDSTERS

This is a look at Wall Street fraudsters via excerpts from various U.S. government web sites such as the SEC, FDIC, DOJ, FBI and CFTC.

Monday, September 27, 2010

THE PONZI REAL ESTATE FUND

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Enron was never a rouge company that cheated their employees, investors and clients out of their money. Stealing money from employees, inve...
Sunday, September 19, 2010

STEALING 3/5 OF SHAREHOLDER VALUE IS A BAD ACCOUNTING PRACTICE

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It is wonderful when accountants go to jail for stealing. My father was an accountant for most of his life and was incredibly honest. It w...
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Sunday, September 12, 2010

SEC CHARGES SKIN CARE COMPANY CFO WITH COOKING THE BOOKS

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Fraud is so common in the American investment community that it is a wonder that the DJIA trades above 1,000 points. Financial statements a...
Sunday, September 5, 2010

SEC CHARGES TWO SPAINARDS WITH INSIDER TRAIDNG

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It is good to see that the current SEC is willing to go after all kinds of fraudsters. In the past fraud did not seem important to the SEC ...
Sunday, August 29, 2010

SEC CHARGES THE STATE OF NEW JERSEY WITH FRAUD

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The following case involves the State of New Jersey selling municipal bonds that were in financial jeopardy of never paying off at the time ...
Sunday, August 22, 2010

GE PAYING FINES TO SETTLE BRIBERY ALLEGATIONS

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Paying bribes to foreign governments is a political argument U.S. politician often make to prove that all U.S. companies are above board and...
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