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Last updated on April 16, 2014 at 1:21 EDT

Latest Fraud Stories

2014-04-14 23:10:42

The Corporate Whistleblower Center is urging pharmaceutical company managers or sales reps to call them at 866-714-6466 about reward programs if they possess well documented proof of off labeling drug marketing schemes that not only put patients at risk, but also fleece taxpayer funded Medicare. The Whistleblower Center says, "There was a recent gigantic settlement involving the drug called Riperdal that should serve as a wake up call to all potential whistleblowers in the...

2014-04-11 23:21:29

A perfect storm of significant data breeches of personal information, the easy availability of credit card information for sale online and poor security checks on retailer websites are setting the stage for a future of fraud disasters, according to leading online identity experts, Trustev. Cork, Ireland (PRWEB) April 11, 2014 Online retailers lost $3.5 billion in sales last year through avoidable fraud, according to the first Global Fraud Briefing from Trustev, the global leader in...

2014-04-11 12:23:49

ORLANDO, Fla., April 11, 2014 /PRNewswire/ -- Acorn Stairlifts, Inc., today issued a warning about a lottery scam targeting consumers, particularly the elderly, throughout the United States. Victims of the scam report receiving a letter that claims they have won a large cash prize from the Consumer's And Merchandise Reward Program of New York City. The letter is accompanied by a fraudulent check in the name of Acorn Stairlifts, Inc., to cover lottery fees and taxes. To collect their...

2014-04-08 20:21:30

ONTARIO, Calif., April 8, 2014 /PRNewswire/ -- Prime Healthcare Services announced today that it now has a da Vinci robotic unit at five hospitals - Chino Valley Medical Center, Desert Valley Hospital and San Dimas Community Hospital in California; Providence Medical Center in Kansas; and St. Mary's Regional Medical Center in Nevada - continuing the health system's efforts to stay at the forefront of medical innovation. Prime Healthcare will be adding additional da Vinci Surgical...

2014-04-07 16:25:49

BERKELEY, Calif., April 7, 2014 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP reminds investors of the May 5, 2014 deadline to file for lead plaintiff in a securities fraud case against Galena Biopharma, Inc. (NASDAQ: GALE) ("Galena" or "the Company"). The Class Period has been extended to cover investors who bought stock between May 9, 2013 and March 17, 2014 (the "Class Period"). Investors who purchased Galena securities during the Class Period may contact Hagens Berman Partner...

2014-03-25 04:20:34

LONDON, March 25, 2014 /PRNewswire/ -- Fraud and Error Costs Global Healthcare Sector $487 Billion (GBP313 Billion) Per Year - Since 2008 global average fraud and error losses in healthcare have risen 25% from 5.59% of expenditure to 6.99% - Reduction in fraud and error losses of up to 40% possible within one year - freeing up to $195bn (GBP125bn) globally -...

2014-03-20 16:24:51

CPA Detective Announces New Name plus Expanded Service Offering NEW YORK, March 20, 2014 /PRNewswire/ -- Forensiq, a leading fraud detection solution for the online advertising industry, announced today the launch and rollout of its new corporate identity and website. The rebrand of the award-winning company CPA Detective as Forensiq highlights the company's expanded service offerings and commitment to fighting online advertising fraud. "When I founded CPA Detective, we were the...

2014-03-20 08:36:34

London Borough of Camden in the UK Harnesses Big Data and Analytics to Fight Fraud NEW YORK, March 20, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today introduced new software and services to help organizations use Big Data and Analytics to address the $3.5 trillion lost each year to fraud and financial crimes. Through sophisticated business expertise and analytics, organizations can take a holistic approach to address the financial losses caused by fraud while protecting the value of their...

2014-03-19 23:29:56

i-Sight Software has announced that it will offer a free webinar entitled Finding Fraud through Data Analytics. The webinar will be presented by Maribeth Vander Weele, expert investigator and founder of the Vander Weele Group, on March 27th, 2014, from 2pm to 3pm EST. Ottawa, ON (PRWEB) March 19, 2014 i-Sight Software has announced that it will offer a free webinar entitled Finding Fraud through Data Analytics. The webinar will be presented by Maribeth Vander Weele, expert investigator...

2014-03-19 16:22:41

Doing right when others do wrong is important. That is why Fat Loss Bands is offering free copies of its book that they sell for $19.99 to those who have been misled by Kevin Trudeau and his infomercial products. FORT LAUDERDALE, Fla., March 19, 2014 /PRNewswire/ -- As seen on TV product Fat Loss Bands and its celebrity fitness trainer Eric Andrews has said that he has had enough of these phonies trying to promote weight loss cures. Putting his money where his mouth is Eric Andrews,...