Tag Archives: fraud
SEC Charges AOL Execs With Securities Fraud
Posted on 07. Jul, 2008 by admin.
On May 19, 2008, the Securities and Exchange Commission filed civil fraud charges against eight former executives of AOL Time Warner Inc. for their roles in a fraudulent scheme that caused the company to overstate its advertising revenue by more than $1 billion.
The SEC filed charges in District Court that John Michael Kelly, former Chief [...]
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FBI warns about fraud associated with sub-prime woes
Posted on 26. May, 2008 by admin.
The FBI is investigating large corporations that have been involved in the subprime debt market and are warning that their may be corporations charged with fraudulent activities associated with their subprime debt businesses.
There is a fine line between behavior that pushes the legal boundaries and behaviour that crosses the legal boundaries. This [...]
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