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Business

Scam PACs Drawing FEC Attention
Business  (tags: scam PACs, FEC, Scott B. Mackenzie, Mackenzie companies, fraud, Freedom Defense Fund )

Dandelion
- 32 days ago - opensecrets.org
While the group does spend some money promoting or attacking candidates, most of its money goes toward raising still more money and, ultimately, winds up padding the revenues of Mackenzies companies.
The Shoe 'Science' Racket: Footwear Companies Rake in Monster Cash By Lying to Their Customers
Business  (tags: shoes, athletic wear, advertising, fraud, scams, false advertising )

Freya
- 46 days ago - alternet.org
More casually and commercially, biomechanics is the physics of sports. Giant shoe manufacturers like Nike, Adidas and Skechers spend millions of dollars applying biomechanics to create the perfect shoe they can market to you.
New Global Rules on Firms Tax Disclosure Urged By Economists
Business  (tags: abuse, business, taxes, tax avoidance, Tax havens, tax scams, tax transparency British Virgin Islands, Panama Papers, Mossack Fonseca, tax dodging, corruption, economic collapse, fraud, scams, SustainableDevelopment, hucksterism )

Steven L.
- 50 days ago - bbc.com
New global rules forcing companies to report taxable activities country-by-country publicly have been called for by a group of 300 prominent economists.
'Pharma Bro' Martin Shkreli May Face Additional Fraud Charges
Business  (tags: Martin Shkreli, fraud, business, corruption, medicine, big pharma, finance )

Nancy
- 56 days ago - abc13.com
The former CEO of Turning Pharmaceuticals took to Twitter in recent weeks to thank supporters and proclaim his innocence.
Here Are the Details of Australia's 'Google Tax' Crackdown on Multinationals
Business  (tags: Australia, Amazon, Google, Apple, tax, avoidance, crack down, ATO, tax, system, fraud, cover-up, corruption, debt, dishonesty, economy, Entrepreneurs, ethics, finance, GoodNews, government )

Roger
- 57 days ago - businessinsider.com.au
at last Australia is seen doing something to crack down on the big multinationals tax avoidance !
You Could Buy An Australian Island for What the Pentagon Says It Would Cost to Take Inventory of One Item
Business  (tags: accounting, waste, fraud, abuse, Pentagon, Australian island, taxpayer money )

Dandelion
- 101 days ago - publicintegrity.org
Critics including those who study modern business practices say how poorly the Pentagon keeps track of its own purchasing and contracting. The dept cannot meet modern accounting standards so opens the door 4 waste, fraud and abuse in military expenditures
How Many Lies Can the WSJ Pack Into a Chart on Liar's Loans?
Business  (tags: William K. Black, liar's loans, big money managers, fraud, control fraud, repeat of mortgage crisis, Alt-A loans, subprime loans )

Judy
- 146 days ago - neweconomicperspectives.org
The Wall Street Journal report that "big money managers" want to bring back "liar's loans." William K. Black reveals a MASSIVE pack of lies!
The King of Diamonds, His $83m Star, and a Flaw?
Business  (tags: Beny Steinmetz, Blood Diamonds, Tiffanys, war crimes, fraud, mining, Pink Star, corruption, tycoon, gemstones, scrutiny, news, money )

Jess
- 200 days ago - independent.co.uk
Beny Steinmetz is facing a raft of corruption allegations surrounding his other multi-billion dollar mining interests in one of Africas poorest countries
Contractors That Defraud the Government the Most Also Spend the Most on Lobbying
Business  (tags: POGO, federal contractors, fraud, misconduct, lobbying, Transaction Records Access Clearinghouse )

Judy
- 227 days ago - theintercept.com
A relatively small handful of federal contractors are responsible for the lion's share of the $92 billion in fines, settlements, and court judgements assessed for defrauding taxpayers and other forms of contractor misconduct since 1995, a new report says
Corporate Criminals Cheat Because They Don't Fear Jail Time. That Must Change. Now.
Business  (tags: Donald Blankenship, Environment, Eric Holder, financial crash, Fraud, General Motors, Labor, Loretta Lynch, Massey, Mortgage Crisis, Regulation, Toyota, Volkswagen, West Virginia, White Collar Crime )

Judy
- 268 days ago - dailykos.com
No more slaps on the wrist. No more getting off with a fine, which is typically levied against the corporation rather than the individual criminal. We need to put the fear of prison time into every suit who is even thinking about cheating.
Goldman Made 450 Million Euros From Crashing the Greek Economy. It Should Return the Profits
Business  (tags: Goldman Sachs, Greece, Debt, EU, The Euro, Crisis, Economy, Fraud, Lies, Profiteering )

John
- 312 days ago - community.sumofus.org
Goldman Sachs deliberately caused the crisis in Greece to make profit from it. They lied and cheated the people of Greece. They are an example of Crony Capitalism and not a reflection up genuine Capitalism at work.
Do You Know What Kind of World Your Credit Card Supports?
Business  (tags: credit cards, banks, fraud, fossil fuels, campaign contributions, customer service )

Freya
- 354 days ago - greenamerica.org
Credit cards from megabanks - Citi, Bank of America, Chase, Wells Fargo - support predatory lending, coal mining, tar sands, and outrageous CEO salaries.
The Insurance Scam That's Fleecing Low-Income Drivers -- And How Police Are Making It Worse
Business  (tags: auto insurance, police, the poor, scams, fraud )

Judy
- 400 days ago - firstlook.org
"They're towing your car". The leaflet, placed where her 2004 Ford truck had been parked, explained that Martin's vehicle had been towed as a result of auto insurance fraud; it also listed a number for her to call.
10 Insane Ways Companies Profited From Incompetence And Violence
Business  (tags: corporations, greed, graft, injustice, poison, fraud, human rights violations )

Freya
- 400 days ago - listverse.com
Most of us are aware by now that corporations do some pretty crappy things. Things like poisoning an entire town, facilitating torture and slavery, or funneling money to Mexican drug cartels. Yet they often get away with it because they're rich...
 

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