Has anything changed 10 years on from the Lehman Brothers crisis?

September 2018 marked the 10-year anniversary of the Lehman Brothers bank collapse. At the time,  was the fourth largest investment bank in America. But it had almost as much debt ($619 billion) as it had in assets ($639 billion). Dubbed, the “Lehman Weekend”, the world witnessed the largest bankruptcy in US history. It led to [...]

The US Federal Loan Fraud “Forgiveness” Program.

How tens of thousands of young people have spent over a decade working their way through a loan forgiveness plan that they will NEVER get.  Student loan debt is a harsh and ugly reality in the United States. The average US student borrower won’t be able to pay back their loan until after they reach [...]

What is the first rule of negotiation?

Negotiations, Satchmo and me. “There came then one of the most surreal moments that I have ever known — and there have been a few.” I have a very early memory of falling in love with “Satchmo”. I was one of those kids who, from the minute I learned to walk, could show up just about anywhere. [...]

Want to add sparkle, character, and real employee value to your resume? Here’s how!

You only get one chance to make a good first impression. This is a well known and life changing fact: the reason most people pay close attention to resume writing. It’s an industry that LinkedIn has successfully taken to a new level. For many, it’s the first step into the real world. Jobseekers don’t always [...]

Fraud against young children is already costing $ billions. Here’s how to prevent it.

Parents of young children have running to-do lists of many things to keep up with. New parents worry about things like setting up their nest, choosing a doctor, finding daycare and staying on top of rapid growth and development. Later on, they're setting up playdates, finding the right school, exploring their child’s hobbies, and so [...]

2019-03-03T07:53:57+00:00Categories: Editorial, Fraud Prevention|Tags: , |

The banking fraud business model

Mass fraud by banks and financial institutions continues unabated without hard prison time for the guilty parties. “Deutsche Bank settles for $205 million in currency manipulation scheme.” “Goldman Sachs confesses to c.$5 billion in mortgage fraud during the 2008 financial crisis.” “Wells Fargo settles securities fraud lawsuit for $480 million.” “Bank of America to pay [...]

Fortnite Fraud Frenzy

How the latest freemium game craze has created multiple fraud scams within a fraud. “Fortnite Battle Royale is the completely free 100-player PvP mode in Fortnite” trumpets Microsoft marketers. So, if something is “completely free” then one should expect not to pay anything. Assuming this to be true, then how can something pitched as “free” [...]