HUD’s Report to Congress on the Root Causes of the Foreclosure Fraud Crisis

“Control fraud is when the CEO of a company uses the corporation as a weapon to commit fraud”. William Black “The result is – we have seen zero prosecutions of the specialty non-prime lenders that caused the crisis,” Black said. “The mortgage bankers are going to position themselves as the victims. This has been so … Read more

Bill Black’s Top Ten Ways to Crack Down on Corporate Financial Crime

CORPORATE CRIME REPORTER Bill Black’s Top Ten Ways to Crack Down on Corporate Financial Crime 24 Corporate Crime Reporter 10, March 5, 2010 Ninety-five percent of criminologists study blue collar crime. Five percent study white collar crime. Of the tiny minority who study white collar crime, ninety five percent focus on the individuals who rip … Read more