Archive for July 14th, 2009
Canadian man admits to fraud in Manville Superfund site cleanup
NEWARK — A former executive of a Canadian company that disposes of contaminated soil has pleaded guilty in a fraud scheme related to the cleanup of a New Jersey Superfund site. The U.S. Justice Department announced today that Robert P. Griffiths of Toronto, Canada, admitted he inflated prices he charged to a prime contractor and [...]
Read Full Post | Make a Comment ( None so far )Charities Face Greater Threat From Ponzi Schemes Than Lost Investments
The Country Music Hall of Fame received a valuable addition to its permanent collection when a mandolin and guitar used by legendary musicians Maybelle Carter and Bill Monroe were donated by an ostensibly successful businessman. But when the donor was accused of operating a Ponzi scheme and a bankruptcy trustee was appointed, the gift became [...]
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