This week’s enlightening posts about fraud, scams, and schemes…
Digerati Life comments on mortgage fraudster Casey Serin’s lost marriage, as discussed in a mass email he sent out. Apparently, he thinks blogging (and not his poor financial choices and criminal acts) destroyed his marriage.
Leon Gettler at SOX First mentions a new study by the Deloitte Forensic Center which looked at how many “accounting and auditing enforcement releases”(related to financial statement fraud) have been released throughout the years. The releases have gone up since pre-Sarbanes Oxley, which might suggest a problem.
The Better Business Bureau wants you to check your baby’s credit. No, it’s not a joke. Fraudsters can steal a child’s identity just as easily as an adult’s, so it’s important to keep tabs on it.
And Your Credit Advisor follows this up with a post about how many times a person’s personal data may be stolen in just a year.
Wenchypoo blasts someone’s ridiculous idea to turn the United States into even more of a welfare country. The idea is that the government takes away almost all of our earnings, and puts it into accounts for us to be used for certain things such as health, education, etc. Sounds good? Not so much. Socialism doesn’t work. Wealth redistribution doesn’t work. Give people an incentive to work hard and better themselves. That actually works.
And finally… Usana Health Sciences has jumped on the naked short selling conspiracy theory bandwagon. When all else fails and they can’t actually prove any wrongdoing on the part of Barry Minkow and the Fraud Discovery Institute, come up with a lame conspiracy theory and cross your fingers.
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