Financial fraud includes activities like embezzlement, insider trading, and accounting fraud, inflicts substantial harm on society. It distorts the transparency and efficiency of financial markets, leading investors and regulators to make decisions based on false information, which can destabilize entire economic systems. The direct victims of financial fraud—ranging from individual investors to large corporations—can face devastating financial losses, potentially wiping out life savings or crippling business operations.
VA Researcher Fired After Reporting $78,000 in Missing Research Funds Corporate Misconduct Accountability Project Department of Veterans Affairs · Whistleblower Protection Appeal VA Researcher Fired After Reporting $78,000 in Missing Research Funds Dr. Deborah Perlick discovered approximately $78,000 missing from…
The ‘Grant Bae’ Deception TL;DR Treashonna P. Graham, known as “The Grant Bae,” and her company C Lee Enterprises LLC are accused of targeting struggling minority-owned small businesses with a grant-writing scam. The company charged large upfront fees, sometimes over…
Oracle’s $9.3B NetSuite Deal: How Larry Ellison Allegedly and Illegally Enriched Himself Corporate Misconduct Accountability Project Oracle Corporation · Derivative Shareholder Litigation Oracle’s $9.3B NetSuite Deal: How Larry Ellison Allegedly Enriched Himself Larry Ellison allegedly forced Oracle to overpay billions…
Coulter Motor Company Charged with Bait-and-Switch and Racial Bias Corporate Misconduct Accountability Project Coulter Motor Company · FTC Enforcement Order Coulter Motor Company Charged with Bait-and-Switch and Racial Bias Arizona dealerships allegedly lured customers with low advertised prices, then added…
The Lien Trap TL;DR The Facts: The Federal Trade Commission (FTC) and the State of California sued Ygrene Energy Fund Inc. for deceptive practices related to its Property Assessed Clean Energy (PACE) financing (Case No. 2:22-CV-07864). The settlement forces Ygrene…
Banks Accused of Rigging Corporate Bond Market Against Small Investors Corporate Misconduct Accountability Project Bank of America Corporation (and nine other major banks) · Class Action Antitrust Lawsuit Banks Accused of Rigging Corporate Bond Market Against Small Investors Ten major…
Tate’s Auto Falsified Consumer Income to Push Predatory Car Loans Corporate Misconduct Accountability Project Tate’s Auto Center of Winslow, Inc. · FTC enforcement action with permanent injunction and monetary relief Tate’s Auto Falsified Consumer Income to Push Predatory Car Loans…
Brokers Tipped Traders to Profit from Inside Stock Offering Data Corporate Misconduct Accountability Project David Cooper and Associates · SEC Enforcement Action Brokers Tipped Traders to Profit from Inside Stock Offering Data SEC alleges registered representatives David Cooper and an…
Investment Adviser Rigged Trades to Enrich Girlfriend and Himself Corporate Misconduct Accountability Project Steve Susoeff, LLC (d/b/a Meritage Financial Group) · SEC Enforcement Action Investment Adviser Rigged Trades to Enrich Girlfriend and Himself SEC alleges Steven Susoeff systematically assigned winning…
ConocoPhillips Caught Leaking Toxic Fumes at Texas Oil Sites Corporate Misconduct Accountability Project ConocoPhillips Company · EPA Administrative Enforcement Order and Consent Agreement ConocoPhillips Caught Leaking Toxic Fumes at Texas Oil Sites EPA helicopter flyovers revealed unlit flares and open…