Securities Exchange Act of 1934

Donald Cressey’s “Fraud Triangle” is a classic model used to clarify a widely-supported hypothesis of why the occupational offender commits fraud. (Sridhar Ramamoorti , Daven Morrison ,Joseph W. Koletar, 2009)According to the ACFE, occupational fraud is“the use of one’s occupation for personal enrichment through the measured misuse or misapplication of the employing organization’s resources or assets. The source of fraud lies in voracity and the opportunity for deception. It has severely…

Mesothelioma settlements Part 3 Mesothelioma verdicts if the plaintiff doesn’t agree to a settlement, the case will go to courtroom. In asbestos-related cases, the plaintiff will receive a verdict at the end of the trial. The compensation varies depending on whether the jury considers the defendants are legally responsible for their actions that harmed the plaintiff. In such cases, the legal responsibility would be for exposure to asbestos and the harm is often untreatable disease (mesothelioma…

The hit T.V. series “Better Call Saul’’ first aired February 8th, 2015 on AMC. This realistic television series is a crime drama with each episode lasting between 40 minutes to an hour. This series is filmed in the active city of Albuquerque. Saul Goodman is an attorney that attempts to get his name out to the city to gain business through hustling various individuals. In a particular attempt, Saul has two individuals (who tried to hustle him) help pull off a plan that involves a government…

uninsured, but instead they charge higher prices and use aggressive collection practices against those who can’t pay. These evidently proof that profit organization are able to improve efficiency and quality of care. The passage of the affordable Care Act has increase the affordable health care delivery system and expended access to care for the…

Madoff Securities Madoff securities, is a company created by Bernard l. Madoff Investment Securities LLC was founded in the year 1960 by Bernard Lawrence Madoff, who happened to be also be senior executive of the company. Bernard Lawrence started the company using accumulated funds of $ 5,000 from his business that involved the installation of sprinkler systems for wealthy New Yorkers. In his five years as executive, the company accumulated a fortune estimated at more than one billion dollars.…

Adalius Thomas former NFL linebacker signed a contract with the New England Patriots for five years for thirty-five million dollars. Thomas at the time was the highest paid free agent for the New England Patriots. Thomas went to go buy a car and during the transaction his credit was below what it should be, not allowing him to buy the car. Gary Stern was his attorney at the time to deal with his taxes. Stern was involved in creating a fraudulent tax scheme which left Thomas to pay back the IRS…

Have you ever faced a challenge that might have took years to complete? Well, for authorities in the articles " Isabella Stewart Gardner Heist: 25 years of theories", and " National Treasures: Recovering Artwork owned by U.S. Government," they faced some pretty tough challenges. The authorities in these article face a challenge to find the missing and stolen art work from many years ago. It took them years to find the missing and stolen artwork that belonged to either a art museum or the…

met a new friend who is quite successful, and the reason for the success is trading in penny stock exchange. Now, you have started raising questions on what the hell is penny stock. Here is the answer – it refers to all those stocks that are traded at less than $5 per share. May be you’ve been involved in it, only that you were not aware. Penny stocks are hard to find in the typical stock exchange markets such as NYSE, NASDAQ, and AMEX. Due to this reason, parties interested in trading in penny…

Akamai Technologies Incorporation, Polycom and People Support. His idea of doing business was just to receive the price information about a stock and then buy it right before it is up in the market for sale and then sell it to the price of his choice. This idea not only made him a wealthy rich person in the wall street but also a celebrity who featured in numerous business magazines and reality shows and once he was start being a role model in wall street to look up to since he rose the ranks…

The act of submitting fraudulent claims is nothing new; many third-party payers are often the victim of these crimes. As a working individual that pays taxes through payroll deductions, like many Americans that have a contribution towards the Medicare program. I have a right to know where funds go and how they are disbursed. The reason I chose this particular regulation because there was a similar case of an Optometrist submitted fraudulent claims to Medicare. Dr. Sponseller was sentenced to…