Monthly Archives: April 2013

Fraudsters Targeting YOU! Affinity Fraud Part 1 of 3

What is Affinity Fraud? I recently stumbled upon a 3-part video on Affinity Fraud, aptly titled Affinity Fraud: Preying on Those Who Pray. Every year, billions of dollars (in the U.S. alone) are stolen from unsuspecting victims of this kind of fraud. http://www.youtube.com/watch?v=vUv4dDavC6U&list=PLDF985F76B59B68E7&index=1 Simply put, although there’s nothing simple about it, affinity fraud occurs when [...]

By |2013-04-30T17:53:00-07:00April 30th, 2013|affinity fraud, Forensic Accounting, fraud, fraudsters, madoff, ponzi, ponzi scheme, scams, victims of fraud|Comments Off on Fraudsters Targeting YOU! Affinity Fraud Part 1 of 3

Former Detroit Mayor Back in the News

Former Detroit Mayor Back in the News In June of 2011 I wrote about former Detroit Mayor Kwame Kilpatrick, who has been back in the news, for a conviction on a plethora of charges, including racketeering, fraud, and extortion. He was found guilty of 24 of the 30 charges brought against him. Kilpatrick was joined [...]

By |2013-04-23T17:08:00-07:00April 23rd, 2013|city fraud, city mismanagement, financial fraud, forensic accountant, Forensic Accounting, fraud hotline, fraud prevention, government fraud, Kwame Kilpatrick, whistle blower|Comments Off on Former Detroit Mayor Back in the News

Debt Collection, or Lack Thereof

Debt Collection, or Lack Thereof As reported recently by The Long Beach Post, according to an audit of the City's Business Relation Bureau that spanned two years, $2.4 to $2.6 million in outstanding business license accounts have not been collected by the City of Long Beach. http://www.lbpost.com/business/2000001889-city-auditor-2-4-to-2-6m-in-delinquent-business-license-accounts-uncollected#.UTTbYldZ_Q8 Residents are fuming at the lack of tenacity [...]

Divorce Fraud – Hidden Income Find It!

It's always stunning to me how many families represent almost no taxable income but live in splendor in vast palatial estates in fancy neighborhoods. They often have a matched pair of incredibly expensive German cars in the driveway. Their kids go to private schools and the family passports are stamped from a variety of exotic [...]

By |2018-07-03T08:28:24-07:00April 5th, 2013|Forensic Accounting|Comments Off on Divorce Fraud – Hidden Income Find It!

City of Stockton Bankruptcy Approved

What does bankruptcy approval for the City of Stockton mean for other California cities? Perhaps it paves the way for other California cities (such as the City of San Bernardino who filed for bankruptcy protection in August) to do the same. According to Cal Watchdog, Your Eyes on California Government, the City of Stockton owes [...]

By |2013-04-02T20:36:00-07:00April 2nd, 2013|Bankruptcy, bankruptcy court, Chapter 9, city bankruptcy, City of Stockton, Corruption, forensic accountant, Forensic Accounting, fraud, government fraud, Pension reform|Comments Off on City of Stockton Bankruptcy Approved