Mortgage fraud prosecutions are at a five-year low nationally, but California is a top-five target for federal mortgage fraud prosecutions. You can find news stories every day of individuals who have been arrested in connection with mortgage fraud schemes. Even so, there’s something unusual about “mortgage fraud.” Look wherever you like, but there is no...
Tag: fraud
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4 of the Greatest Accounting Scandals of All Time
Accounting scandals involve misdeeds by trusted executives who are responsible for large sums of money. They come up with devious ways to misuse or misdirect funds, understate expenses and liabilities, overstate revenues, and the value of the assets. In no particular order, here are four of the greatest accounting scandals of all time. Bernard L....
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The Law and Fraud
The law & fraud Fraud is a crime that involves a person intentionally deceiving another to either gain something such as money, valuables, or success. In recent years, fraud has become more accessible to criminals due to the popularity of the internet. For example, a fraudulent individual could con a person out of their money,...