Fraud

Professionals failing to report fraud Fallback Image Decorative pattern

Industry

Professionals failing to report fraud

Of 500 senior professionals questioned last month, 30% in the U.K. and 22% in the U.S. say they’ve witnessed or had first-hand knowledge of wrongdoing at their company, says a report by U.S. firm Labaton Sucharow LLP. But, many neglect to or are afraid to report it. Also, almost half (40%) of respondents suspect their […]

By Staff |July 10, 2012

1 min read

Two jailed for boiler room scheme Fallback Image Decorative pattern

Industry

Two jailed for boiler room scheme

Maitland Capital allegedly operated a boiler room scheme from two locations in Toronto; the company raised approximately $5.5 million through sales to 1200 investors. Two have been jailed, several disgorged and the company faces $1 million in fines.

By Staff |July 10, 2012

3 min read

Gen Y wants social media insurance Fallback Image Decorative pattern

Industry

Gen Y wants social media insurance

Your Gen Y clients love using social media. And they want to insure it too.

By Staff |July 5, 2012

2 min read

Barclays’ Diamond talks tough Fallback Image Decorative pattern

Industry

Barclays’ Diamond talks tough

The Treasury Select Committee met with the former chief executive of Barclays, Bob Diamond, today to question him about the penalties levied against the company in connection with the Libor scandal. Barclays was one of the first banks to own up to their involvement, says chairman of the treasury select committee, Andrew Tyrie MP. Read: […]

By Wire services |July 4, 2012

4 min read