Latest "Scams" Posts

Lance Armstrong’s Collapse of Ethics (part one – NEED) – An indepth review by Chuck Gallagher ethics expert and author of the Human Side of Ethics

Illusions collapse!  The collapse under their own weight governed by the law of gravity.  If you pile too much bullsh*t on less than a solid foundation you will find yourself one day in a stinky pile of dung.  That, today, is where Lance Armstrong finds himself.  And the reality is – once you’re in it, it’s hard to dig your way out and ever get rid of the stench!

Lance ArmstrongHeralded as a true American hero, Lance Armstrong was revered as an icon – a man who beat cancer, was at the top of his athletic career and a pay-it-forward guy with his non-profit foundation Livestrong.  Today Armstrong’s past successes are dwarfed by his admission that he was a liar and bully.  But is Armstrong’s story any different that those of lesser know folks who find themselves in a Collapse of Ethics?  The patterns are the same only the names and circumstances change.

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Posted by Chuck Gallagher in ethics, fraud, Lance Armstrong, New Website, Scams and tagged , , , , ,

CNBC Features Dan Frishberg, an investment advisor who’s under investigation by the SEC? Where are CNBC’s Ethics and Standards?

Short – sweet and to the point.  What due diligence does CNBC do when selecting their guests for appearances on their shows?

CNBC: Dan Frishberg

CNBC

According to their web site – CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. The network’s Business Day programming (weekdays from 5:00 a.m.- 7:00 p.m. ET) is produced at CNBC’s headquarters in Englewood Cliffs, N.J. CNBC also includes reports from its news bureaus worldwide in Midtown Manhattan, the NASDAQ MarketSite, Washington D.C., Chicago, Los Angeles, Palo Alto, London, Singapore and CNBC’s headquarters in Englewood Cliffs, N.J.

Dan Frishberg

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Posted by Chuck Gallagher in Al Kaleta - KCM, Bernie Madoff, BizRadio, Daniel Frishberg, ethics, New Website, ponzi scheme, Scams, SEC, white collar crime and tagged , , , ,

National Prearranged Services Officials bring Black Eye to Funeral Industry – Looks like Sutton, Cassity and others have dug themselves a Grave!

Looks like Randall K. Sutton, Sharon Nekol Province, Doug Cassity, Brent Douglas Cassity, Howard A. Wittner, and David R. Wulf, may have two graves in this lifetime – one that will naturally occur at the end of life and the other that they dug for themselves now.  Facing up to 30 years in prison – it’s likely that many named above (if convicted) will spend their last days in federal prison just like Bernie Madoff.

 National Prearranged Services

National Prearranged Services

Not that this is any great surprise if you work in the Funeral Profession, but this week the United States Attorney’s Office announced the indictments of six controlling officials of National Prearranged Services, Inc., in a 50-count indictment charging wire, bank, mail, and insurance fraud; money laundering; and multiple conspiracy charges involving the sale of pre-paid funeral services.

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Posted by Chuck Gallagher in business ethics, FBI, Funeral News, New Website, Scams and tagged , , , , , , , ,

Business Ethics Speaker Chuck Gallagher provides White Collar Crime Update Links

White collar crime…

White Collar Crime

White Collar Crime

HEALTH CARE FRAUD:  http://stlouis.bizjournals.com/stlouis/stories/2010/01/04/daily49.html

Five St. Louis nursing homes operated by Cathedral Rock of Texas pleaded guilty to felony health-care fraud and agreed to pay $1.6 million.

The majority owner of Cathedral Rock, C. Kent Harrington, 60, of Fort Worth, Texas, also entered into a criminal deferred prosecution agreement for a period of two years, Acting U.S. Attorney Michael Reap said Thursday.

Under the plea and deferred prosecution agreement, the five nursing homes and Harrington will jointly pay $1 million in criminal fines and penalties.

CANADIAN ATTORNEY SENTENCED TO PRISON:  http://toronto.ctv.ca/servlet/an/local/CTVNews/20100107/lawyer_sent_100107/20100107/?hub=TorontoNewHome

Toronto lawyer Stan Grmovsek has been sentenced to 39 months in prison for his role in a massive insider trading scheme that netted him and a friend about US$9 million.

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Posted by Chuck Gallagher in fraud, New Website, prison, Scams, white collar crime and tagged , , , , , , , , ,

Facebook Scams and Fraud: Warning from Business Ethics and Fraud Prevention Speaker Chuck Gallagher

AVOIDING COMMON FACEBOOK SCAMS AND FRAUD

 

Facebook Scams and Fraud

Facebook Scams and Fraud

SCAM #1

I can’t tell you lately just how many times I have had a Facebook friend pop up in chat telling me that they are having a bad day.  Seems that someone mugged them while they were visiting friends in London.  (Guess London is the new fraud hot spot?)

Anyway the fraudster goes on to request money from their Facebook friend and gives them wire transfer information.  NOTE:  THIS IS A SCAM.  I suspect that most of you have figured it out, but just in case – DON’T FALL FOR THIS HOAX.

If you receive this type of communication, Facebook provides an easy solution to help your friend avoid the SCAM continuing.  Here’s Facebook’s suggestion (and it works):

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Posted by Chuck Gallagher in ethics, Facebook, fraud, New Website, Scams and tagged , ,

What have all the Ethics gone? Seems that Fraud is rampant! Business Ethics expert Chuck Gallagher comments

All too often I’m asked, especially as we review this past year on the anniversary month of the disclosure of Bernie Madoff’s fraud, whether fraud should decrease since we are more focused on ethics and ethical choices. Unfortunately, as I see it the answer is a resounding no!   Fraud is rampant. Yet, the Ethics Resource Center in their new 2009 biennial National Business Ethics Survey reported a surprising conclusion:

We behave better in bad times.  “Contrary to what one might expect, misconduct declines in turbulent economic times and rises when the pressure’s off,” the report says.  When asked about specific abuses or ethical lapses – such as misusing company resources, lying to outside stakeholders or falsifying time or expenses – a smaller percentage of U.S. workers observed problems this year compared with the 2007 survey, taken before the recession began.  “Yet our research suggests that the improvements in ethical conduct will be temporary,” warned the ethics center’s CEO, Patricia Harned.

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Posted by Chuck Gallagher in business ethics, Choices and Consequences, Church Fraud, embezzlement, ethics, fraud, Fraud Pure and Simple, legal, New Website, prison, Scams, white collar crime and tagged , , , , , , , , , , , , , , , , , , , , , , , , , ,