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Products That Use Aborted Fetuses: Food? Cosmetics? Vaccines?

Is it true that there are consumer products that use aborted fetuses? Short answer: yes. Read the details here and download a list of products to avoid. — Read on www.hli.org/resources/products-that-use-aborted-fetuses/ Advertisements

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Consumer Fraud Corporate Fraud Federal Drug Administration (FDA) Health Care Fraud Indiana Medication Fraud Our Daily News US Department of Justice (DOJ)

Former CEO Sentenced to Prison for Defrauding Food and Drug Administration and Distributing Adulterated Drugs

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, September 19, 2019 The former president of a drug compounding company was sentenced to prison for his convictions for conspiring to defraud the Food and Drug Administration (FDA) and for multiple counts of distributing adulterated drugs, the Department of Justice announced today. U.S. District […]

Business Fraud Corporate Fraud Our Daily News Political Fraud States & Territories US Department of Justice (DOJ)

StarKist Ordered to Pay $100 Million Criminal Fine for Antitrust Violation

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Wednesday, September 11, 2019 Leading Producer Receives Highest Corporate Fine in Packaged Seafood Investigation StarKist Co. was sentenced to pay a criminal fine of $100 million, the statutory maximum, for its role in a conspiracy to fix prices for canned tuna sold in the United […]

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Former Executive at Adamo Group Sentenced for Conspiracy to Commit Honest Services Fraud in Connection With the Detroit Demolition Program

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Tuesday, September 10, 2019 Anthony Daguanno, 62, was sentenced today to 12 months in prison after having pleaded guilty to charges of conspiracy to commit honest services fraud in connection with the Detroit Demolition Program. The Honorable Victoria Roberts sentenced Anthony Daguanno to serve 12 […]

Business Fraud Consumer Fraud Corporate Fraud Our Daily News

Nation’s largest home builder asked to account for $900 million grant

ROMULUS, Mich – A large amount of money is missing, 900 million to be exact, and people want answers. If the culprit in question were you or I, we would find ourselves in a lot of hot water, having to answer some pretty tough questions. — Read on www.peoplesworld.org/article/nation-s-largest-home-builder-asked-to-account-for-900-million-grant/

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Amazon and Google Receive a 15% Discount for Hiring Foreigners Over Americans – David Harris Jr

Amazon and Google Receive a 15% Discount for Hiring Foreigners Over Americans – David Harris Jr — Read on www.davidharrisjr.com/steven/amazon-and-google-receive-a-15-discount-for-hiring-foreigners-over-americans/

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Greg “The Big Short” Lippmann Says Corporates Will Cause The Next Crisis

by Tyler DurdenWed, 05/02/2018 – 10:021SHARESTwitterFacebookRedditEmailPrint Former Deutsche Bank trader Greg Lippmann is best known for having worn t-shirts with the logo “I am short your house” just before the financial crisis hit, and the US housing market imploded (making Lippmann very rich in the process). Logically, he is also very well-known for designing the trade against […]

Banking & Securities Fraud Consumer Fraud Corporate Fraud Foreclosure Fraud Mortgage Fraud Our Daily News

Asset-Backed Credit Default Swap (ABCDS)

REVIEWED BY JAMES CHEN  Updated Apr 8, 2019 What is an Asset-Backed Credit Default Swap? An asset-backed credit default swap (ABCDS) is a credit default swap (CDS) wherein the reference asset is the asset-backed security rather than a corporate credit instrument. Understanding Asset-Backed Credit Default Swaps (ABCDS) Asset-backed credit default swap (ABCDS) agreements are similar to traditional credit […]

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Credit Default Swap (CDS) Definition

REVIEWED BY JUSTIN KUEPPER  Updated Apr 20, 2019 What is a Credit Default Swap (CDS)? A credit default swap (CDS) is a financial derivative or contract that allows an investor to “swap” or offset his or her credit risk with that of another investor. For example, if a lender is worried that a borrower is going to default on a loan, the lender […]

Banking & Securities Fraud Consumer Fraud Corporate Fraud Foreclosure Fraud Mortgage Fraud Our Daily News Political Fraud

Loan Credit Default Swap (LCDS) Definition

REVIEWED BY JAMES CHEN  Updated Apr 10, 2019 What Is a Loan Credit Default Swap (LCDS)? A loan credit default swap (LCDS) is a type of credit derivative in which the credit exposure of an underlying loan is exchanged between two parties. A loan credit default swap’s structure is the same as a regular credit default swap (CDS), except that the […]

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American Airlines Inc. Agrees To Pay $22 Million to Settle False Claims Act Allegations for Falsely Reporting Delivery Times of U.S. Mail Transported Internationally

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Tuesday, August 20, 2019 The Justice Department announced today that American Airlines Inc. has agreed to pay approximately $22.1 million to resolve its alleged liability under the False Claims Act for falsely reporting the times it transferred possession of United States mail to foreign postal […]