Tort Law

Countries to release anti-piracy text as deal nears

Countries negotiating a deal to curb trade in fake and pirated goods are close to reaching an agreement in talks that have raised concerns among digital rights advocates, U.S. trade officials said on Friday.

Ex-NY bank president accused of defrauding TARP

The former president of New York's privately held Park Avenue Bank was arrested on allegations of fraud on Monday, including charges of making false statements in the failed bank's application for U.S. government bailout funds.

Data breaches double in 2009

Data breaches at US companies doubled last year and are cost substantially more than other internal IT gaffes, according to new research.

Global healthcare fraud costs put at $260 billion

A study by the European Healthcare Fraud and Corruption Network (EHFCN) and the Center for Counter Fraud Services (CCFS) at Britain's Portsmouth University found that 5.59 percent of annual global health spending is lost to mistakes or corruption.

Bayou fund founder gets 2 years for bail-jumping

Hedge fund swindler Samuel Israel was ordered to serve two more years behind bars on Wednesday for a wild escapade in which he faked his own death in an attempt to avoid a 20-year prison sentence.

U.S. law chief wants financial fraud task force

U.S. Attorney General Eric Holder said on Thursday he was considering forming a financial fraud task force and advocated a more comprehensive view of the causes behind the U.S. economic crisis.

Spam-scam crackdown nets $2 billion in fake checks

An international crackdown on Internet financial scams this year has yielded more than $2.1 billion in seized fake checks and 77 arrests in the Netherlands, Nigeria and Canada, U.S. and other authorities said on Wednesday.

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