Posts tagged as:

fraud

Fraud rising, but what else?

by Jolyon on 17 December, 2008

AON are warning that fraud is on the rise and that insurance is going to face increasing claims from environmental threats, terrorism and product recalls.
They also think nano-tech is going to bite insurers.
I’d agree with fraud.
Longer term, I think the environment is going to be an issue — it already is, obviously — [...]

{ 1 comment }

Madoff investors may have to repay cash

by Jolyon on 15 December, 2008

From the WSJ via Clusterstock, it seems that even investors who cashed out of Madoff’s schemes ahead of time may have to divvy up.
[B]ecause Madoff is thought to have run a Ponzi scheme, investors could get money back from other Madoff investors who already took money out,” said Brad Alford, who runs Atlanta-based investment adviser [...]

{ 0 comments }

Beresfords solicitors struck off for dishonesty

by Jolyon on 11 December, 2008

Last year, Jim Beresford was the top earning solicitor in the UK. Now, he and fellow Beresfords partner Doug Smith have been struck off for dishonesty in dealing with miners’ compensation claims.

>The Solicitors Disciplinary Tribunal ruled that they entered into a “sham” arrangement with the UDM, failed to act in the best interests of their [...]

{ 0 comments }