The reality is that it is impossible for the SEC or any regulator to prevent every financial fraud, just as it is impossible for city police to prevent every burglary.
An ex-prime minister, Adrian Nastase, has just been sentenced to two years in jail for fraud (part of a vendetta by Mr Basescu, say his supporters).
Daddy had a run in with the law before, 7 years of federal time for fraud, and he was just keeping the books for the boys who were calling all the shots.
So there is a place for alternative medicine, but homeopathy is just a fraud.
The Criminal Investigative Division of Internal Revenue Service (IRS-CI) does not just investigate tax fraud, but because of their renown skills for forensic accounting they are often used by prosecutors to investigate complex financial crimes.
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Costs will be contained, Mr Shumlin says, by cutting administrative expenses, slashing fraud and rewarding doctors for the quality rather than just the quantity of care.
In declining to extend the Discovery Rule to government civil penalty enforcement actions, the Court cast the government as a unique plaintiff often tasked with rooting out fraud and armed with many arrows in its quiver just for such an undertaking.
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Her pal, ImClone founder Samuel Waksal , just got seven years--without parole--for charges including securities fraud and obstruction of justice.
Chicago jurors are just getting to know media mogul Conrad Black, who is on trial for fraud, tax evasion and money laundering.
Recently, white-collar felons have not been helping the cause, with violators parading into prisons for insider trading, mortgage fraud, healthcare fraud and just plain old FRAUD.
The renewed allegations of a massive Enron-style fraud should serve as a clear call for robust whistleblower programs, not just in the U.S. but around the world.
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But in this calculation, it is not just about protecting assets but also about making sure that one does not end up in jail for contempt or bankruptcy fraud for engaging in the process.
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