Business :: Scams
identity theft protection services
Posted by admin on December 30, 2007 in Business :: Scams
You must bear in mind that identity theft protection services will not actually protect you from ever becoming a victim of identity theft, but they will immediately tell you that your identity has been stolen. They cannot protect your identity because that actually depends on you, but by notifying you, they are actually helping to bring the criminals to book, and hence saving other people from getting robbed too. Identity Theft Protection Services work in tandem with the financial services and institutions and hence they immediately come to know when your information is being used by someone.
Commiting Life Insurance Fraud
Posted by admin on December 1, 2007 in Business :: Scams
Of all the types of insurance fraud one could commit, life insurance fraud is by far the most complicated and therefore you don’t see too many cases of it in comparison to other types of insurance fraud. It is a lot harder to fake one’s own death and wait the several year waiting period, then it is to get into a fake accident or fake an injury and get paid in a relatively short amount of time.
Understanding Corporate Fraud
Posted by admin on November 8, 2007 in Business :: Scams
The fraud that is done by the various corporations of the modern world is known as corporate fraud. In this form of fraud, the corporations deceive people by appearing successful before the investors and shareholders. This way their shares are bought. These corporations commit fraud by not informing shareholders about the bonuses and loans that is given to executives. They may also hide debt or manipulate accounting records.
There are many types of corporate frauds but two of the most talked about category of corporate frauds in the world are accounting fraud and insider trading. In the modern times, these are the most high profile investment fraud in the corporate world.
