PAYING THE PENALTY FOR FRAUD USA
March 1st, 2013
FROM large corporate crime through to healthcare and individual insurance frauds, sentences and headlines convey the impression that the USA is tough on the cheats and crooks.Crooked financier Allen Stanford is one year into the 110-year prison sentence handed down to him after the Texan was convicted in the USA of a USD7 billion Ponzi scheme and related fraud, one of the largest financial crime cases in US history.Annual fraud prosecutions from 2008 through 2012 exceeded the pre-crisis tally in 2007 in federal cases prosecuted by US Attorneys (federal ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.