A report on National Public Radio written up here outlines the problem: legitimate businesses are increasingly subject to identity theft. Businesses find imposters are misusing their credit ratings, while there’s serious risk that people are using exterminators, contractors and other businesses being run by those same imposters.

While businesses guarding against ID theft are in

The Allen Stanford alleged Ponzi scheme case is currently before the courts after years of delays.  We are finally getting to hear from witnesses and co-conspirators about what they say were the lengths undertaken to defraud Stanford’s investors.  Given the magnitude of the alleged $7 billion fraud, it would be no surprise if Stanford had

Anita Collins, an elderly woman working as an accounts payable clerk for the New York Archdiocese, was recently arrested for embezzling funds from the church.  That’s bad news for the archdiocese.  But the real black eye for the church is that the entire experience could have easily been prevented.  Had the church run a simple

This story on the Huffington Post sneeringly treats a new offering in the financial world: negative publicity insurance. The policy will be offered by a division of AIG, and will give companies in crisis access to PR damage-control specialists Burson-Marsteller and Porter Novelli.

Why is this a story anyone should feel negative about? The fact

The appears to be a fake law firm holding itself out as operating in New York, according to a report in the ABA Journal.

Why someone (either a criminal or a government operator conducting a sting) would want to invent a law firm is not hard to imagine. For anyone to be taken in