Fraud – DEMAGAGA

News

British Man Discusses How He Spent Millions Loaned Him by Bank

Booze, cars, and women sums it up “The bank lent me $2m so I spent it on strippers and cars” from BBC News [Tweet “How one British man spent 2 million dollars #bank loaned him in error #highlife “] For more of the latest news on DEMAGAGA, click here. [ad name=”DMGG In-Content Responsive Ad”] [ad […]

Conrad Black is Out of Jail and Angry

Conrad Black, convicted of fraud and just recently released from jail, has come out of the gates swinging at everything from the U.S. legal system (which he compares to North Korea’s) to Rupert Murdoch, aging chief of the News Corp. media empire. [The Global Mail]

Ballot Box Stuffing in the Russian Federal Elections.

In spite of widespread fraud, Putin’s United Russia Party fares worse than expected. The Russian opposition parties are up in arms over leaked videos showing ballot boxes being stuffed by election workers during the most recent parliamentary rounds in which Prime Minister Putin’s United Russia Party fared poorer than expected in comparison to its performance […]

Rogue Trader at UBS loses $2 billion.

Swiss bank UBS lost around $2 billion dollars due to the fraud of a rogue trader Kweku Adoboli. UBS is the largest bank in Switzerland and this scandal does nothing to assure investors and depositors of its oversight procedures. This latest rogue trader scandal comes a few years after Societe Generale’s Jerome Kerviel perpetrated the […]