Fraudulent Press Release Sends Stock Soaring
A fraudulent press release yesterday morning, sent a nearly bankrupt company’s stock soaring and left the CEO of that company scratching his head. What exactly happened here? Denbury Resources Inc. which trades under the stock symbol DNR, said Monday that the press release issued yesterday about a buyout proposal it received was “fraudulent,” and not issued by […]
9 Ways The IRS Improved Their Fraud Detection
The Treasury Inspector General published a new glowing report which details how the IRS has dramatically improved their fraud detection. They did by implementing a layered approach to using models, external databases, borrower validation, and good old fashioned collaboration. The report was created after an audit of the IRS was requested by officials due to […]