Menu10/15/14: Business fraud isn’t just an occasional thing that happens to someone else. It’s distressingly common and it’s expensive. An article by Heather Raftery and Frank L. Holder published on the FTI Journal website and reprinted by Business Ethics Magazine digs into the disturbing reality of fraud, which is estimated to have cost...
Compliance Communications Blog
Oct 15, 2014 •
10/15/14: Business fraud isn’t just an occasional thing that happens to someone else. It’s distressingly common and it’s expensive. An article by Heather Raftery and Frank L. Holder published on the FTI Journal website and reprinted by Business Ethics Magazine digs into the disturbing reality of fraud, which is estimated to have cost...
Oct 15, 2014 •
10/15/14: The US Department of recently filed suit against a pharmaceutical company and its founder, owner and Chairman of the Board for violations to the Federal Food, Drug and Cosmetic Act (FD&CA) by manufacturing and distributing “adulterated and misbranded medical devices.” By itself, DOJ’s decision isn’t groundbreaking news but...
Oct 15, 2014 •
9/15/14: This may not come as a huge surprise, but it appears that recent studies confirm the connection between gifts or money from healthcare companies and decisions by healthcare providers and even regulatory decision-makers. According to a recent study, there was a “powerful correlation” between the voting behaviors and...
Oct 15, 2014 •
10/15/14: The Financial Crimes Enforcement Network (FinCEN) is not amused by recent enforcement actions against financial institutions. According to a post by Michael Volkov on Corruption, Crime & Compliance, FinCEN’s frustration is based on what the agency believes are the “paper compliance programs” used by many financial institutions...
Oct 08, 2014 •
Every time there is a paradigm shift in any arena, a new vocabulary – either new words or new meanings to older words – emerges to account for a host of novel concepts. By way of a range of examples, consider:
