New York Daily News Credit Suisse exec charged in NY mortgage probe BusinessWeek The executive — Kareem Serageldin (kuh-REEM' SEHR'-uh-jehl-dihn) — was charged Wednesday with conspiracy, falsifying books and records, and wire fraud . The charges carry a potential penalty of 45 years in prison. Authorities say $5.2 million of his … 3 former Credit Suisse traders are charged in scheme Bend Bulletin Government Accuses Three Former Traders at Credit Suisse of Bond Fraud – NYSE:CS Galaxy Stocks Credit Suisse Bond Trader Prosecutions Don't Even Aim for the Heart of the Crisis Huffington Post (blog) Forbes all 37 news articles
Beware of Mystery Shopper Scams Huffington Post … probably hundreds more are scams . In fact, the National Consumers League (NCL) says complaints it received regarding fraudulent mystery shopper and work -at- home schemes were up nearly 9 percent during the past six months. Why the increase?
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Beware of Mystery Shopper Scams – Huffington Post
New York Times 3 Former Traders at Credit Suisse Charged With Bond Fraud New York Times The government charged three former Credit Suisse traders on Wednesday with inflating the value of mortgage bonds as the housing market collapsed, a rare criminal prosecution of Wall Street executives for their conduct during the financial crisis. Ex-Credit Suisse Traders To Be Charged Over Subprime Fraud Huffington Post Charges against Credit Suisse employees FierceFinance Charges Filed Against Three Former Credit Suisse Traders Imassera News Jobmouse
BBC News If you're about to lose your home … Chicago Tribune The equitable case is the widespread fraud and deception involving subprime mortgages raining down on innocent homeowners following the Wall Street crash and the corporate greed that caused it. This is the ugly license fostered by massively one-sided, … What Occupy taught the unions Salon Occupy…Your Doctor's Office? Wall Street Journal (blog) all 236 news articles
New York Times Ex-Credit Suisse Traders To Be Charged Over Subprime Fraud Huffington Post Federal prosecutors are expected to charge four former Credit Suisse brokers with criminal fraud for misleading investors by inflating the value of subprime mortgage derivatives to increase their own bonuses, reports the Wall Street Journal. US Plans Charges on Bond Fraud Wall Street Journal Charges against Credit Suisse employees FierceFinance Feds to Charge Crooked Bond Traders Newser Reuters
The alarm about 'climate change' is an unscientific, badly supported, irrational, quasi-religious, emotional morality play about the sky is falling and an ugly, flim-flam, fraud scam and entirely similar to the claim of ancient Mayan charlatans that they needed to kill people and pour their blood on a rock to keep the … For 2008, the situation was dirt simple: A 'national goal' of more house ownership got Congress to press Fannie and Freddie to back junk paper and blow a housing bubble.
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Thoughts On: TECHNOLOGICAL REVOLUTIONS AND FINANCIAL …
PR Web (press release) Wall Street Fraud Watchdog Warns About 2012 And Investors Making Bad … PR Web (press release) The Wall Street Fraud Watchdog is one of the best branded groups in the US, when it comes to a unsurpassed due diligence service for high net worth individuals, about to throw down big, on a too good to be true real estate deal, or an investment …
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Wall Street Fraud Watchdog Warns About 2012 And Investors Making Bad … – PR Web (press release)
Daily Mail Audit Notes: Finally, Fraud Charges; Gee Whiz Wired; Freddie Columbia Journalism Review (blog) By Ryan Chittum The Wall Street Journal reports, and as far as I can tell, scoops that the Justice Department is preparing to file criminal charges against mortgage-bond traders at Credit Suisse for fraud . The WSJ says two traders will plead guilty, … Freddie Mac, Deutsche Bank Caught Up In Securities Allegations Firedoglake Freddie Mac Bets Against American Homeowners truthout all 284 news articles
Fraud case surrounding private equity group’s investment star in Europe has brought era of ill-timed investments back into the spotlight
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Scent of scandal returns to haunt JC Flowers
The Guardian Olympics scam dupes US woman out of £140000 The Guardian The Metropolitan police have broken up an online scam involving the Olympics, in which fraudsters duped one woman out of £140000 by claiming they were working with Scotland Yard. A 24-year-old man from London was arrested on Tuesday for fraud by … and more
The Nation. (blog) Deafening Republican Silence on Financial Fraud Task Force The Nation. (blog) He wants to “put free-enterprise on trial” (Mitt Romney); he erroneously thinks that the country's problems “must be the fault of those people on Wall Street ” (Mitch McConnell); he has “bastardized” Wall Street CEOs (Fox News' Neil Cavuto, and no, …
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Deafening Republican Silence on Financial Fraud Task Force – The Nation. (blog)
Globe and Mail Cowboy capitalism rides again MarketWatch Sorry, Wall Street , but this sounds like a pattern. The U.K's Financial Services Authority on Tuesday said it fined Ravi Sinha, the former chief executive of JC FLowers' UK division $4.51 million for charges related to fraud . Regulators weigh action on UBS $2 billion trading loss: report Reuters UBS 'rogue trader' pleads not guilty FX-MM WSJ: British, Swiss Regulators To Move Against UBS In Rogue Trading Scandal NASDAQ all 595 news articles
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud , Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud , securities fraud
IIRC, Fannie and Freddie both gave explicit directions to their lender clients to omit certain data entry “blanks” on their standard applicatioin forms. I have not seen any interest in pursuing this aspect of MERS- fraud . The docs …
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Fannie Mae, Freddie Mac Shown as Mortgage Market Predators …
Forbes Wall Street Eugenics : SEC Charges Microcap Fraud . . . again Forbes After some three decades lawyering on Wall Street , I ask your pardon if, at times, I come off as overly cynical, hardboiled, and curmudgeonly. I mean, you know, seriously, if you've seen even a tenth of the garbage and nonsense that I have during my … and more
Financial Times Stanford Decried Wall Street Greed in 2008 Speech Shown at Trial BusinessWeek 27 (Bloomberg) — R. Allen Stanford, standing trial on allegations he led a $7 billion investment fraud , appeared in an October 2008 video shown to jurors in which he decried “damn greed” on Wall Street as the financial crisis deepened. Stanford Decried Greed in Speech Shown at Trial Bloomberg Video shown of Stanford claiming righteous business practices Houston Business Journal Former R. Allen Stanford director describes reassurance efforts San Antonio Express Fort Worth Star Telegram
The new Financial Crimes Unit announced by President Barack Obama during Tuesday's State of the Union address will have the power to investigate mortgage fraud going back at least 10 years, according to senior officials at … Financial Protection Bureau, Internal Revenue Service, Department of Housing and Urban Development and Federal Housing Administration as well as the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac.
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Details Emerge of New Financial Fraud Unit
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud , Foreclosuregate, freddie mac, Front Page, MERS, mortgage electronic registration system, Mortgage Fraud , securities fraud …
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David J. Stern | Foreclosure King to Burger King … – Foreclosure Fraud
When a major fraud is discovered in a company, one of the key targets of litigation is usually the independent auditors. Two well-publicized cases in which management or shareholders suing the auditors after fraud was uncovered involve Koss Corp. (auditors Grant Thornton) and Navistar International Corp. (Deloitte & Touche). Plaintiffs look to the auditors for
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Audit Malpractice Defense: Four Key Issues
GRPD educates public about fraudulent schemes Green River Star People using this scam have access to both home and work phone numbers and are relentless. Finally, there are lottery and inheritance scams in which a person receives an email saying they won an international lottery or informing them a rich, …
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GRPD educates public about fraudulent schemes – Green River Star
Fannie & Freddie Would Need Another $100 Billion From Taxpayers For Obama's Proposed Mortgage Writedown. Mike “Mish” Shedlock Fannie ….. Obama's 'New' Bank Fraud Deal: Still Unfair, Still… Uncle Sam and ethanol …
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The Last Chance Of Freedom: Fannie & Freddie Would Need …
Then came Fannie Mae and Freddie Mac, federal lending agencies that doled out billions of dollars in mortgage loans to borrowers who had little chance of repaying them. “ Fannie … Financial fraud is epidemic in our nation.
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False Profits and False Prophets – Guarding His Flock Ministries
PR Web (press release) Wall Street Fraud Watchdog Now Offers Landowners in Ohio & Pennsylvania a … PR Web (press release) The Wall Street Fraud Watchdog's due diligence service for real estate investors, or property owners may be the comprehensive of its type being offered in the United States. The group is expanding its real estate services to now include property owners … and more
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud , Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud , securities fraud
Posted on January 21st, 2012 in Fraud, Scams | Comments Off
Real Estate Marketing – Mortgage Meltdown, Fraud and Scams – Part 8. by Dave on … Now under Fannie Maes new guidelines, that tenant, if they are lucky enough to have Fannie Mae own that property … Tagged as: …
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Real Estate Marketing – Mortgage Meltdown, Fraud and Scams – Part 8
Posted on January 21st, 2012 in Fraud, Scams | Comments Off
This is an old news story but I just came across it today. It's a fascinating read and you'll be amazed at how messed up things got despite many people knowing about fraudulent activities that were going on. Fannie Mae …
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Fannie Mae opened door for 3 billion TBW fraud
Posted on January 19th, 2012 in Fraud, Scams | Comments Off
Manhattan U.S. Attorney Preet Bharara announced his office is scheduled to hold a press conference at 1 p.m. Wednesday afternoon to announce the six counts of securities fraud against Newman, Horvath, Kuo and Chiasson and three other … We have advised on a fee only basis for clients and family offices for many years and have helped investors sell concentrated positions in newspaper stocks, Freddie Mac, Fannie Mae, AIG, and others prior to the crash.
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$64MM Insider Trading Scam Busted… From Hedgefund.net …
Posted on January 19th, 2012 in Fraud, Scams | Comments Off
Manhattan U.S. Attorney Preet Bharara announced his office is scheduled to hold a press conference at 1 p.m. Wednesday afternoon to announce the six counts of securities fraud against Newman, Horvath, Kuo and Chiasson and three other … We have advised on a fee only basis for clients and family offices for many years and have helped investors sell concentrated positions in newspaper stocks, Freddie Mac, Fannie Mae, AIG, and others prior to the crash.
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$64MM Insider Trading Scam Busted… From Hedgefund.net …
Posted on January 19th, 2012 in Fraud, Scams | Comments Off
bernake geitner paulson treasury bailout scam fraud theft ron paul alex jones tarp congress barney frank obama bush help homeowners foreclosure banks countrywide freddie fannie gold standard silver commodities …
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Follow the Money…..Bailout Scam « loanmodificationscams.net
Beware of mystery shopper scams Minuteman News Center In fact, the National Consumers League (NCL) says complaints regarding fraudulent mystery shopper and work -at- home schemes were up nearly 9 percent during the past six months. Why the increase? It's due in part to our nation's high unemployment rates … and more
NJ TODAY Beware Of Mystery Shopper Scams NJ TODAY In fact, the National Consumers League (NCL) says complaints regarding fraudulent mystery shopper and work -at- home schemes were up nearly 9 percent during the past six months. Why the increase? It's due in part to our nation's high unemployment rates …
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Beware Of Mystery Shopper Scams – NJ TODAY
Posted on January 13th, 2012 in Fraud, Scams | Comments Off
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud , Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud , securities fraud
Posted on January 13th, 2012 in Fraud | Comments Off
This article was originally printed in the ABA Section of Family Law eNewsletter, November 2011. One of the chief concerns in a divorce or child custody case is identifying the true income of one or both of the parties. It is not unusual for such a case to include allegations of hidden income or assets.
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Divorce Financials: Lifestyle Analysis in Family Law Cases
Posted on January 12th, 2012 in Fraud, Scams | Comments Off
Fannie Mae, Freddie Mac, NeighborWorks America and the Lawyers' Committee For Civil Rights Under the Law also opened the Prevent Loan Scams website to thwart fraud . To that end, the FTC offers the “Mortgage …
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Mortgage modification fraud persists, evolving | DeadlineNews.Com …
Posted on January 12th, 2012 in Fraud, Scams | Comments Off
(Source: FBI) – HOUSTON—James Maceo Ramey, 64, of Houston, has been sentenced to 188 months' imprisonment on 25 counts of bankruptcy fraud and mail fraud .
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Houston Man Sentenced to 15 Years in Federal Prison for Operating …
Posted on January 11th, 2012 in Fraud, Scams | Comments Off
The resignation of Fannie Mae CEO Michael Williams on Tuesday brings to the surface a fundamental problem: The federal government's housing policy is in chaos. … Finally, heroic Judge Jed Rakoff's rejection of a sweetheart fraud settlement the SEC had gift-wrapped for Citigroup turned a spotlight on how the public interest is routinely sacrificed on the altar of expediency, and how the lack of accountability makes it much more likely that the wrongdoers will do …
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Fannie Mae CEO Exit Reveals Housing Policy Chaos
Posted on January 11th, 2012 in Fraud, Scams | Comments Off
It has become commonplace to hear news stories of Ponzi schemes being uncovered. Investment scams and Ponzi schemes are all too common. Investors are lured in with promises of high returns. People in or nearing retirement find these investments enticing, especially as their retirement funds in the stock market have taken many hits in the
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Unraveling a Ponzi Scheme: Forensic Accountant Needed
Posted on January 11th, 2012 in Economy, Fraud | Comments Off
Authorities allege bank defrauded clients on currency transactions by not charging them at the best rate of the day, as promised
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BNY Mellon in talks to settle overcharging suit
Posted on January 10th, 2012 in Fraud, Scams | Comments Off
In December, the Securities and Exchange Commission brought civil fraud charges against six former executives at the two firms, including former Fannie CEO Daniel Mudd and former Freddie CEO Richard Syron. …
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CEO who led Fannie after gov't takeover to quit (AP) | Insurance For …
Posted on January 7th, 2012 in Fraud, Scams | Comments Off
The FBI, the state Attorney General's office, the Fannie Mae Taskforce, and the media are some of the places where you can report these fraudsters and scammers . Conclusion. As a real estate property owner or as a lender, …
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Avoid short sale fraud information | Dallas Short Sale
Columbus Dispatch BBB lists top 10 scams Salisbury Post Employment/job scams – Work -at- home job scams snared many job hunters because they promised full-time pay for part-time hours, with little or no experience needed for jobs that involved fraudulent activities like money laundering and shipping stolen … BBB released Top 10 scams for Charlotte area WSOC Charlotte 2011's top scam imitated the BBB Columbus Dispatch Top Facebook Scams Boise Weekly all 12 news articles
Home Improvement Scam Suspect Due in Court Tristatehomepage.com Police say he told them he would collect money for jobs he had no intentions of completing. Galloway has been charged in connection with his work more than once. He was also jailed in Warrick County for home improvement fraud, intimidation and being a …
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Home Improvement Scam Suspect Due in Court – Tristatehomepage.com
Posted on January 3rd, 2012 in Fraud, Scams | Comments Off
“An important but fundamentally flawed debate about Fannie and Freddie's role in the ongoing crisis has raged since the SEC sued the former senior managers of both entities for securities fraud . The Wall Street Journal and …
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Stop Foreclosure Fraud in Washington State: Fannie and Freddie …
Today’s THV Little Rock property fraudulently posted on rental website Today’s THV LITTLE ROCK, Ark. (KTHV) — Scammers are constantly scouring the internet, looking for their next victim. One Little Rock family avoided a potential scam involving their home on a rental website. It's something happening far more often than you may … and more
Posted on January 2nd, 2012 in Fraud, Scams | Comments Off
Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud , Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud , securities fraud
Tampabay.com Dubious sinkhole repairs raise costs and questions of fraud Tampabay.com “It might be a scam that affects the value of my property.'' After the Tampa Bay Times pointed out that there were no permits for sinkhole work at Pasiuk's home or the other houses, the Hernando County Development Department opened an inquiry. … and more
Posted on January 1st, 2012 in Fraud, Scams | Comments Off
Since ex- business owners regarding Fannie Mae along with Freddie Macintosh personal computer encounter municipal fraud charges, phone calls are raising through.
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A global Without having Fannie or Freddie? – Forex
Wink News CFA takes a look back at the common scams of 2011 Wink News It's a scam . If it sounds too good to be true, it is. Foreign lotteries are illegal. If you wonder if an email you have received about winning the lottery is real, you can call the LCSO fraud hotline to find out at 477-1242. WORK AT HOME SCAMS : all you …
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CFA takes a look back at the common scams of 2011 – Wink News
Posted on December 30th, 2011 in Fraud, Scams | Comments Off
The SEC also cracked down on six executives from Fannie Mae and Freddie Mac for fraud relating to high-risk mortgage loans, including subprime loans. In a Maryland court, the SEC closed out its $700M fraud suit with …
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Expert Commercial: Tell It to the Judge: SEC Complaints and …
Posted on December 30th, 2011 in Fraud, Scams | Comments Off
I have also examined a number of statements by both of OFHEO's leaders during the relevant period, concerning compensation and the initial Fannie accounting fraud . James Lockhart issued a hard hitting release on May 23, …
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Wyld About Business 2.0: naked capitalism