Wells Fargo still won’t admit it, but its employees’ testimony makes it clear that, like GMAC, JPMorgan Chase, Bank of America and OneWest Bank, they have a problem with their foreclosure documents. But the solution isn’t just …
When companies use the word “immaterial” to describe errors or irregularities in their previously reported numbers, what they’re trying to say is that their mistakes involved such small amounts that they don’t really matter. To…
In 2007, a man was convicted of murder despite strong evidence that he wasn’t the killer after three apparently very compelling witnesses matched him to the scent of the victim’s clothes. Those witnesses? A trio of bloodhounds …
A Belgian court has convicted Jo Lernout and Pol Hauspie, the founders of the once high-flying speech recognition software company Lernout & Hauspie Speech Products, of fraud for using a variety of means to artificially inflate…
In an incident that raises the ugly specter of fraud with the new group buying genre, popular site Groupon was apparently fooled by a fake photographer offering a photo shoot deal to more clients than she could possibly accommo…