Investigating the Investigations.

Posted by Douglas Wood, Editor. I recently read an excellent new book called Fraud Analytics by Delena Spann.  Ms. Spann is with the U.S. Secret Service, Electronic & Financial Crimes Task Force and is often called upon by colleagues and peers to provide presentations and professional speeches on financial fraud analysis, ethics, fraud examinations and fraud data … More Investigating the Investigations.

Death Deterrents, Texas Teeth, and ‘The Big Easy’ Money – Selected Financial Crimes Snapshot 11/07/2013

Posted by Douglas Wood, Editor.  http://www.linkedin.com/in/dougwood Chinese woman sentenced to death for fraud. Ouch. That’s definitely a deterrent… http://abcnews.go.com/International/wireStory/chinese-woman-sentenced-death-200m-fraud-20785445 70 year old Orthodontist sentenced to two years. Fraud laws in Texas have some real teeth in them… http://www.kfdm.com/shared/news/top-stories/stories/kfdm_vid_7425.shtml Think they’ll throw the (school) book at her?… http://www.philly.com/philly/news/local/20131107_Charter_school_founder_s_fraud_trial_gets_underway.html New Orleans cops charged. To Protect and Serve (themselves)… … More Death Deterrents, Texas Teeth, and ‘The Big Easy’ Money – Selected Financial Crimes Snapshot 11/07/2013

To 314(b) or not to 314(b)?

Posted by Douglas Wood, Editor.  http://www.linkedin.com/in/dougwood FinCEN today (November 1, 2013) released a fact sheet regarding data sharing between financial institutions under the Section 314(b) of the US Patriot Act. 314(b) provides financial institutions with the ability to share information with one another, under a safe harbor that offers protections from liability, in order to better … More To 314(b) or not to 314(b)?