Fraud

October 29, 2022

Freedom fighter Jimmy Lai found guilty of fraud

In a blow to free speech, pro-democracy activist Jimmy Lai has been found guilty of fraud by a court in Hong Kong as China works to stamp out dissent. District Court judge Stanley Chan said Lai committed fraud by not revealing that he operated a consulting firm from the offices of his media company—a violation of his lease with a government-owned entity. Continue Reading...

January 06, 2022

Elizabeth Holmes is the con artist we were all waiting for

Elizabeth Holmes has been found guilty on four of 11 federal charges of wire fraud and conspiracy, after promising revolutionary blood test technology from her corporation, Theranos. The promised disruption was something people desperately wanted and still want: cheap, quick blood tests, requiring only a finger drop of blood. Continue Reading...

November 30, 2020

A bipartisan agenda for good stewards: eliminating waste, fraud, and boondoggles

The 2020 elections threw a wrench into the works of both parties. Republicans maintained power in state legislatures and in the U.S. Senate while losing the White House. Democrats did far worse than expected at all levels, including Joe Biden barely squeaking into the White House. Continue Reading...

September 28, 2020

COVID-19 bailout unleashed a pandemic of fraud

The coronavirus bailout is the largest in U.S. history. While the bill will create a drag on the economy for years, an additional problem is that the massive influx of cash is ripe to become a sheer waste of taxpayer dollars. Continue Reading...

April 29, 2013

Farm Loans and the ‘Floodgates to Fraud’

“Anytime you are going to throw money up in the air,” says Abraham Carpenter Jr., a farmer in Grady, Arkansas, “you are going to have people acting crazy.” Although “throwing money up in the air” is increasingly one of the main functions of the federal government, Mr. Continue Reading...