June 30, 2010
And an unbelievable rogue trader...
According to Britain's Daily Telegraph, a 34 year old broker (nonetheless described as "senior and longstanding") with a small, London based oil trader managed to trade more than $500 million of oil futures in the middle of the night, moving...
Posted at 07:00 PM in Blow Ups
October 22, 2009
Kroll Fraud Report
Kroll publishes an annual fraud report - we commented on the prior year edition here, and the new document is available from Kroll's website. Data was prepared in conjunction with the Economist Intelligence Unit. As always, this is an interesting...
Posted at 07:00 PM in Blow Ups
September 03, 2009
The Fraudster Next Door
The magazine for Canadian Chartered Accountants (yes, it is that exciting!) has just published an article on fraud in the Canadian corporate sector, drawing on research by KPMG. Just to be clear, not everyone north of the border is engaged...
Posted at 07:00 PM in Blow Ups
March 19, 2009
Kickbacks, anyone?
The SEC has today filed suit against David Loglisci, a 38 year old ex-investment banker who, from 2004 to 2007, served as CIO and Deputy Controller of the New York State Common Retirement Fund together with his alleged accomplice, Henry...
Posted at 07:00 PM in Blow Ups
