Archive for March, 2010

Supreme Court Limits Whistleblower Lawsuits

Filed March 31st, 2010 meg

The Supreme Court has ruled to limit the grounds for some lawsuits brought by whistle-blowers claiming fraud in US health care, defense and other programs. The effect of the decision is likely to be narrow because Congress amended the disputed provision as part of the health care overhaul that became law March 23. At issue […]

Pundit Hannity accused of spending children’s charity money against claims

Filed March 31st, 2010 joshua

A civil watchdog and several veterans groups have filed federal complaints against FOX News personalities Sean Hannity and Lt. Col. Oliver North, claiming each is making false claims about money a charity collects. In a complaint filed with the IRS and Federal Trade Commission, Citizens for Responsibility and Ethics in Washington allege Sean Hannity and […]

Dave & Buster’s settles security breach charges with FTC

Filed March 26th, 2010 joshua

Arcade franchise Dave & Buster’s Inc. has settled charges it allowed more than 130,000 credit and debit card numbers to be hacked in a security breach. Leaving these numbers vulnerable resulted in hundreds of thousands of dollars in bogus charges on credit and debit cards the company had stored on its database in 2008, according […]

FTC mulls changes to 2000 law protecting child ID online

Filed March 26th, 2010 joshua

The Federal Trade Commission is debating changes to a 2000 law governing children’s privacy online. Few changes have been made to the Children’s Online Privacy Protection Act since it was first adopted and the FTC is currently seeking public input on whether those laws need to be ammended to reflect the current online environment. Ten […]

Walgreen, other drug stores settle charges over generic supplement claims

Filed March 25th, 2010 joshua

Drug store chain Walgreen Co. has agreed to settle charges it illegally marketed its brand of dietary supplement. According to an AP report, Walgreen will pay $6 million as part of the settlement. Charges against the company claim it illegally marketed a dietary supplement – a generic version of the Airborne product – that could […]

Census gathering means identity theft risk rises

Filed March 19th, 2010 joshua

As the federal government collects Census 2010 data in coming months, it’s very likely consumers will encounter an identity theft scam. Millions of Americans will be surrendering personal data, and those preying on that information are already hard at work devising ways of tricking consumers into thinking they are participating in the Census. Government-benefits fraud […]

Connecticut residents to be wary of storm-related scams

Filed March 17th, 2010 joshua

Local police in Connecticut are warning residents to beware of storm-related scams. According to an NBC affiliate in Connecticut, police departments around the state are warning residents to be wary of contractors or other imposter professionals offering to complete services in the wake of the massive wind and rain storm over the past weekend. More […]

Internet crimes on the rise

Filed March 15th, 2010 joshua

Consumers were defrauded on the Internet twice as much in 2009 as they were the previous year. According to a Financial Times report, consumers reported losing at least $560 million online last year. In 2008, the FBI’s Internet Crime Complaint Center received complaints totaling $265 million in losses. Experts believe that Internet crime is skyrocketing […]

Report May Aid Prosecutors File Charges Against Lehman Brothers

Filed March 15th, 2010 meg

A report by a court-appointed examiner on the collapse of Lehman Brothers may prove to aid prosecutors bring criminal cases against the bank’s former executives. The 2,200-page report could lay the groundwork for felony charges under securities fraud laws, the Sarbanes-Oxley Act or New York’s Martin Act. The report details how Lehman used an accounting […]

Cowboys owner Jerry Jones’ oil company sued in fraud case

Filed March 12th, 2010 joshua

An oil and gas company owned by Dallas Cowboys owner Jerry Jones has been sued in connection to a fraud case. In a federal lawsuit filed earlier this week in Dallas, the AP reports, Jones’ Blue Star Oil and Gas company knowingly did business with a man it knew was defrauding his customers. The charges […]