Today’s Fraud News from around the world:
Former School Treasurer Dies Mysteriously At 58: Robert Walberg, of Arlington Heights, was accused last year of stealing more than $ 600,000 from the Northwest Suburban Montessori School.: “Fraud” – BingNews
Nurses and support staff at HCA Healthcare set to strike California hospital over cuts and PPE shortages: The case was settled three years later with HCA agreeing to pay $ 745 million to resolve several Medicare fraud allegations. In 2002, HCA agreed to pay $ 648.5 million to settle final charges in the …: “Fraud” – BingNews
Russian director Kirill Serebrennikov found guilty in fraud case; given suspended sentence: Prominent Russian director Kirill Serebrennikov has been found guilty of fraud in a Moscow court today (June 26) and been given a three-year suspended sentence. Two of his co-defendants, Yury Itin, …: “Fraud” – BingNews
“Arthur Anderson 2.0” – Ernst & Young Could Have Uncovered Wirecard Fraud Years Ago: FT: Now that Wirecard’s nearly 15-year-long accounting fraud – the biggest corporate accounting scandal in post-war German history – has been uncovered, the negligence exercised by the company’s auditors, …: “Fraud” – BingNews
Markus Braun, Wirecard chief goes from billionaire to bail: This week it all came crashing down. On Monday, Mr Braun was arrested on suspicion of accounting fraud and market manipulation after Wirecard admitted that €1.9bn of its cash had probably never …: “Fraud” – BingNews
Buried in paperwork: In addition, there’s junk mail to stop and instructions to be sent to banks and building societies to freeze or close accounts to reduce the risk of fraud. However, each service comes with a unique …: “Fraud” – BingNews
Acclaimed Russian director convicted but not sent to prison: A Moscow judge convicted an acclaimed Russian theater director of embezzling state funds and imposed a three-year suspended sentence Friday in a case widely seen as politically motivated. Kirill …: “Fraud” – BingNews
Woman wore Niqab to Rob £50k Laser Hair Removal Machine: A 29-year-old female robber from Hounslow disguised herself in a niqab in order to steal a laser hair removal machine worth £50,000.: “Fraud” – BingNews
Kirill Serebrennikov: Russian court hands taboo-breaking director suspended sentence: It was a melodrama that lasted ninety court sessions. When the final curtain fell, and the judge issued a three-year suspended sentence to director Kirill Serebrennikov, the audience that had gathered …: “Fraud” – BingNews
Wirecard scandal: Pre-payment cards could be hit as e-money firm’s assets frozen: Customers’ cash cannot be accessed after move to protect it with the collapse of a German company at the centre of a fraud probe.: “Fraud” – BingNews
Fraud Prevention Tip: Document Forgery – The creation of fake documents be they financial or related to a company’s services or to the government. These are still taking place and have been used in situations such as tax evasion, account opening and increasing credit score.