According to the Washington Post, many people are finding that they cannot trust reviews posted about a health-care provider’s site. Questions: What is Fake Review Watch and what have they been doing? When may posting fraudulent reviews be illegal? How many actions have been taken against California doctors over the past four years for fake… Read more »
Posts Tagged: trust
Investigation into the Appearance of Wrongdoing
A finding that Leon Black, the billionaire boss of Apollo Global Management, paid the convicted sex offender $150 million. This touched off an attempt to remove him. Questions: What is Apollo Global Management? Who tried to unseat Leon Black as CEO? What act of contrition does Black plan for his role in giving money to… Read more »
Next Time Wear a Cold Water Wetsuit
According to CBS, Sacramento, a fleeing Ponzi scheme suspect is now in custody after a daring escape on a submersible scooter from FBI agents. Questions Who is the subject and what is alleged? Where did this take place? How long had the subject been under FBI surveillance? What is the sentence that the subject faces?… Read more »
Interesting News: Open-Source Protective Filter
According to Forensic Magazine, consumers of media content today face a number of challenges in determining the trustworthiness of the information they find online, particularly with the new phenomena of deepfakes. Questions: Has this been used yet to perpetrate a financial fraud? Can you think of a way that it could be used for fraud… Read more »
Starbuck’s App: Are You At Risk?
The Starbuck’s app, used by more than 10 million customers that purchase drinks and food directly from their smartphones, was exposed as risky by security researcher, Daniel Wood. According to Wood on January 13, “There are multiple instances of the storage of clear-text credentials that can be recovered and leveraged for unauthorized usage of a… Read more »
Cooking Empire Crumbles
Questions: 1. Do you think that the businesses were right in dropping Ms. Deen’s licensing and merchandise endorsements? 2. Discuss the millions of dollars Ms. Deen will lose in terms of what financial statements and accounts affected. Be as specific as possible. 3. How did the whole Paula Deen incident start and what is the… Read more »
Gift Scandal in Virginia
There has been a growing investigation into gifts that Virginia’s governor and wife have secured from businessman, Jonnie R. Williams Sr. One of the key issues that the FBI is investigating is Governor Bob McDonnell’s ties to a company known as Star Scientific and gifts from its chief executive is Mr. Williams. Questions: 1. Based… Read more »
Audit Firm Rotation – Coming to a Theater Near You?
On Wednesday, November 30, the Internal Market Commissioner, Michel Barnier, suggested that radical changes are needed for auditing firms. Barnier said recent apparent audit failures at AngloIrish and Lehman Brothers banks, BAE Systems and Olympus “would strongly suggest that audit is not working as it should”. Under Barnier’s plan, the four top firms will have… Read more »