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You just can't make this stuff up! 12/23/2010 12:32:23 PM
I have been away for a few weeks and with the holidays and all I just have not kept up with the Greed Corner. Here is a few I just could not pass up Asbury Park Press: a guy who worked for the Sloan-Kettering Cancer Center has been accused of embezzling more than $3.8 million from the hospital by ordering printer toner and stealing it.
In Jackson New Jersey a psychiatrist was sentenced to three years in state prison for fraudulently overbilling Medicade and Medicare. How many time have we heard this before? It just keeps coming!
WWJ- A 48 year-old man has been arrested and charged with grand larceny for allegedly stealing nearly $4.5 million from Columbia University over the course of two months.
A New Jersey construction company has agreed to pay $20 million to resolve criminal and civil probes that it falsely claimed to have used minority subcontractors on major public-works projects in New York City.
Asbury Park Press- It seems that one of New Jersey's largest federal corruption investigation briefly intersected when a real estate developer pleaded guilty to money laundering and conspiracy charges during a break in the corruption trial of a former New Jersey assemblyman caught up in the same sting.
Prosecutors say that this developer and his co-conspirators laundered nearly $670,000 through purported charitable, non-profit entities.
Across the big pond in Rome an Italian court sentenced Parmalat founder Calisto Tanzi to 18 years in prison that tied to a decade-long fraud that left the company with $18 billion in debt. The savings of thousands of bondholders around the world were wiped out.
A muni investigation nabbed three former USB bankers who were indicted for participating in a bid-rigging conspiracy to defraud goverment intities that sought to invest the proceeds raised through municipal bonds-WSJ