U.S. Securities and Exchange Commission

Depression, the Securities Act of 1933 was enacted with the purpose regulating the offer and sale of securities (SEC, n.d.). The Securities and Exchange Commission (known hereafter as the SEC) was then created from The Securities Exchange Act of 1934 and given the responsibility of overseeing the securities industry and regulating conduct in various exchanges (SEC, n.d.). Under these Acts, firms were held accountable for informing investors of information necessary for the purchase of…

as another reminder of this odd dynamic with the stigmatization of gambling and the protection of Wall Street conmen. Mary Jo White took a hard stance against illegal offshore gambling with the prosecution of Jay Cohen, former CEO of World Sports Exchange (WSEX) in Antigua. As you may remember, a DOJ spokesman publicly stated shortly before her case that they didn’t have the authority to prosecute offshore sportsbooks. Nonetheless, White was firm in her beliefs stating that offshore sportsbooks…

Dellway Investments Ltd & others v NAMA & others Introduction The appellants: DELLWAY INVESTMENTS LIMITED and Others The respondent: NATIONAL ASSET MANAGEMENT AGENCY and Others NAMA was set up to take over all the ‘bad loans’ from the banks when the financial crisis happened. The Government then put money into the banks to help them and to fix the balance sheets. McKillen took NAMA to court because NAMA took over all of the McKillen loans from the banks. McKillen said however that his loans…

committed. These elements include opportunity, pressure or perceived pressure and rationalization. In the very publicized FIFA court case that included charges such as fraud, racketeering and bribery these elements were clearly present. According to The U.S Department of Justice (2015) , there was a total of nine FIFA Officials and five Corporate Marketing Executives who were indicted in forty-seven charges of racketeering, wire fraud and money laundering conspiracies. These individuals used…

INTRODUCTION Mr. Daniel Ittall is an attorney with a strong reputation for being a dedicated and reliable worker. Recently, he was served a petition detailing his charges of professional misconduct. After receiving $1,000 from a potential client, not giving it back when she asked for it resulting in her losing her chance to pursue the case, Mr. Ittall is charged with violating Rules of Professional Conduct 1.3, 1.4, 1.15, and 8.4. After failing to distribute $5,000 to his client’s trust…

The trade turnover for the Newport creamery in 1918 was reported at a substantial sum of £34,765. At the Nenagh Quarter Session of the County Court in October, in efforts to recoup the endured losses a claim was lodged by the society for £20,000. The magistrate awarded £12,339 in damages, which also included interest at six percent for the duration of one and a half years on the value of the stock destroyed. Furthermore, an additional fifteen percent was awarded for the increase in the price of…

which are fire protection, electronics and packaging. Again in the early 1990s it was reorganized into electrical and electronic components, health-care and specialty products, fire and security services, and flow control (Tyco International: Leadership Crisis, n.d.). Tyco is one of the largest fire safety and security companies in the world. Serving and protecting more than three million industrial, commercial and residential customers worldwide Tyco has made its way to the top. Tyco also has a…

Revenge of the Cube Dweller Book Report Revenge of the Cube Dweller by Joanne Fox Phillips presents a story of corporate fraud, cover-up, and manipulation. In the text, Tanzie Lewis exposes the crimes she has committed in the past. However, the major question remains if she has learned any lessons from the dirty dealings that she was a part of. The presented analysis outlines a book report on Phillips work. Fraudster’s Fraud Triangle Elements Pressure The desire to achieve self-gains is one…

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…