With a gentleman I am always a gentleman and a half, and with a fraud I try to be a fraud and a half.
Both parties in Washington waste too much of your money. When I worked there, I helped expose waste and abuse by government contractors.
While introducing AI into the government will save money through optimizing processes, it should also be deployed to eliminate waste, fraud, and abuse.
We're going after the possibilities of tax fraud, insurance fraud, securities fraud. We're going to look at this stuff very closely. We have the jurisdiction, we have the resources, and we have the will.
We as IG’s [inspectors general] depend on whistle blowers.
We have now learned that rashness and imprudence will not be deterred from taking credit; let us try whether fraud and avarice may be more easily restrained from giving it.
In the Enron scandal, whistleblower Sherron Watkins is now calling herself Enron Brokovitch. She testified Ken Lay was duped by the other executives. Oh, yeah. When is the last time you got duped and made $100 million?
Because Mint has access to all of your bank accounts and credit cards, we can detect fraud or unusual spending patterns faster than your bank, then send an email or text message alert to users.
In general, insurers say criticisms of claims-handling are unfair because most policyholders are paid promptly, and some denials are necessary to root out fraud.
I shall not commit the fashionable stupidity of regarding everything I cannot explain as a fraud.
Those who abuse our welfare system will be priorities for immediate removal.
A society without the means to detect lies and theft soon squanders its liberty and freedom.
Refined policy ever has been the parent of confusion, and ever will be so as long as the world endures. Plain good intention, which is as easily discovered at the first view as fraud is surely detected at last, is of no mean force in the government of mankind.
Whistleblowers play a vital role in ensuring that the federal government is accountable to the people it serves.
If you want to fight the evil you see in finance and industry, get to work reading the corporate filings, see if there has been fraud, and where you find it, report it to the SEC or write about it or blog about it.
It would be one of the most irritating experiences in the world to do a lot of work to uncover a fraud and then at have it go from X to 3X and at h the crooks happily partying with your money while you're meeting margin calls. Why would you want to go within hailing distance of that?
There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem issues.
We have to address individual acts of corruption. This is a necessary approach. Go after these individuals.
Well, we want to make sure there's not securities fraud.
Error is far more common than fraud which probably comprises 1 percent or a tenth of a percent of the literature.
Perhaps one day we'll be able to identify and block not just scams but the scammers themselves - before they even target their first victim.
Hard information on the quantity of bogus art sold is difficult to come by, in part because fraud, when discovered by dealers and auction houses, is usually kept secret to boost public confidence in the art market.
I think it's time... that we reform Congress to the point where all public assistance comes in one single committee. One area where all public assistance can be located, and it will be easy to see all the duplications, all the waste, so much easier to see areas where fraud is running rampant.
Virtually all Federal accounting is still oriented toward preventing fraud and theft, not toward controlling costs.
Certified Public Accountant
