Another week of fraud busting and exposing scams! Get your submissions in for next week’s Carnival of Fraud.
- David Maister discusses a topic of great interest to me: Companies creating blogs that speak favorably of the company and/or its products, but don’t disclose who the blogger really is. (A public relations person hired by the company to write favorably about them.)
- We again have a post about identity theft. This is a really excellent article about some of the different schemes used to get personal information from people. I think it’s very important because the average consumer does not seem to have a handle on these things.
- Stock Market Watch points out a common problem when companies report earnings. KLA-Tencor, a maker of semi-conductors, reported earnings growth. What they didn’t report is the fact that they are lagging behind their industry as a whole, and they have excess inventory.
- Charles Green blogs about the concept of trust with verification. Is it really trust?
- The Coca-Cola trade secrets case is moving forward, with guilty pleas by two of the participants. The third, who was the employee on the inside, appears as though she’s not going to plead guilty to anything.
I am happy to receive documents on behalf...
30 Oct 06 at 4:41 pm
Great points on the Identity Theft article! I’m not sure if you’re aware but the new legislations such as FACTA, HIPPA and Gramm Leach & Bliley ACT are now targeted towards holding companies responsable for lost information of employees and customers. This is something that is completely out of control. People need to know that companies losing key information about them to identity theives is massive! Keep up the great work on your site!
01 Nov 06 at 8:08 am
Thank you, Tony. A subject as dangerous as identity theft needs to have ways of prevention shouted from the rooftops until people FINALLY get it drilled into their heads (like using seatbelts).
And one for Tracy regarding corporate blogging: one of my friends applied for a “data entry” job at Yahoo, only to find it was a corporate blogger job–she knew NOTHING about this company, and didn’t feel comfortable pumping out lies unknowingly. She then moved onto another “data entry” ad that turned out to be writing online ad text–she can’t stand the ads that follow you around via keyword, and she was being asked to generate keywords for them.
So much for trying to work your way through college without leaving home or campus! She e-mailed me for advice, and I told her to run from both prospects imediately and go apply at a fast-food outlet instead–easy money there!