Calif. Panel Revives Fraud Claims Against Nissan Lender By Kurt Orzeck Law360, Los Angeles (January 17, 2014, 4:24 PM ET) — A California state appeals court on Thursday revived fraud allegations accusing lender Nissan Motor Acceptance Corp. of promising financial support to California dealerships and then pulling the plug, finding a jury was blocked from hearing...Read More
Alert: Double-Check MSB Licensure Status — Unregulated Entities Can Catch You In The Regulatory Crossfire The fluidity of Internet-based payment tools makes it hard to track online funds transactions, which means criminals can launder money more easily — sometimes even anonymously. While most banks have mastered the AML routine in the nearly seven years since...Read More
Opinion: Bust-out schemes are a fraud designed to make you go bust By A. Sasha Frid June 06, 2008 Increasing globalization is proving to be a boon for perpetrators of a type of fraud known as a “bust-out scheme.” This kind of fraud, commonplace in the computer and electronics industry, victimizes legitimate manufacturers and retailers....Read More
