Monthly Archives: June 2014

Boat Ride to Jail | Nonprofit Fraud Blog

Reposted from the This Week in Nonprofit Fraud Blog – June 16, 2014 The Craigslist Water Park Photo courtesy of Wikimedia Commons June 17, 2014: Liliana Trafficante was sentenced to 41 months in prison after duping investors out of $1 … Continue reading

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The Fed Once Again Cut its Bond Buying by $10B

Financial News for the Week Ending June 21st US stocks ended the week at another record high on optimism around central bank easy money policies. The S&P 500 gained 1.4% and the Dow rose 1.0%. Internationally, Japan gained 1.7% and … Continue reading

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Harvesting for Himself | Nonprofit Fraud Blog

Reposted from the This Week in Nonprofit Fraud Blog – June 12, 2014 Ball State Gets Schooled on Investment Scheme Photo courtesy of AroundIndy.com June 12, 2014: Seth Betts was sentenced to four years in federal prison for operating a … Continue reading

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Crony Contracting | Nonprofit Fraud Blog

Reposted from the This Week in Nonprofit Fraud Blog – June 2, 2014 Crony Contracting Photo courtesy of Chicagotribune.com June 2, 2014: The United Neighborhood Organization of Chicago (UNO), a nonprofit which operates 13 charter schools, has settled a U.S. … Continue reading

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US Job Market Hit Milestone

Financial News for the Week Ending June 7th US Stocks hit yet another record high on positive economic news highlighted by the jobs report. The S&P 500 rose 1.3% and the Dow gained 1.2% for the week. International markets were … Continue reading

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Investigating the Fraud Investigator | Nonprofit Fraud Blog

Reposted from the This Week in Nonprofit Fraud Blog – May 26, 2014 Fraud From the Top Down ​Photo courtesy of Alan Diaz, AP May 27, 2014: Roslyn Dogan has been found guilty of conspiracy to commit healthcare fraud and … Continue reading

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Former Microsoft CEO Steve Ballmer Bid $2B for LA Clippers

Financial News for the Week Ending May 31st US stocks continued their march higher posting another record high to end May and the fourth straight positive month. Slow but steady economic improvement and corporate earnings that outpaced estimates drove the … Continue reading

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