FraudJournal Blog

February 16, 2010

The SEC Is Asking For Help… Your Help

Filed under: Fraud,Fraud Schemes — fraudjournal @ 3:34 AM

The past year has been filled with headlines of frauds that we used to only hear about in movies and crime novels. To consider that we would again be faced with such egregious schemes after Enron and WorldCom, and that our economy would teeter by the actions of predatory lending.

While most of us wait with bated breath on good news, there remains still, those that cannot seem to keep their hands out of our now thread bare pockets. And now the government, frustrated and embarrassed, is gearing up to stop the next train wreck from happening. How you might ask? By asking for help. That’s right – calling all insiders to take the torch of truth and shine a light on those that are committing fraud.

It’s an interesting approach to get to the bottom line of fraud, and a warning to the “Madoff’s” of the world. You can find the article at the link below.

http://www.usatoday.com/money/companies/regulation/2010-01-13-sec-informants-fraud_N.htm

Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a free website or blog at WordPress.com.

%d bloggers like this: