Posted by Enerd Pani. During the beginning of October, there was a vast change where control of the internet source code was transported from the United States, to what most likely will be the United Nations. The result is that countries not only in Europe, but all over the world can vie for control of …
Author Archives: blogbusinesslaw
Greek Ship Fined for Falsifying Records and Polluting
Posted by Sarah Velez. International business relations is a major component of the United States economy. Foreign countries send their ships to the United States to pick up shipments and deliver products. While this global trade relationship is highly beneficial, the challenges that arise as a result of compliance issues and differences in ethical standards …
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Volkswagen Emissions Scandal
Posted by Kayla Caveny. The United States and Europe both have emissions standards for their vehicles. The standards are in place to limit the amount of pollutants the vehicle may make. However, there is a way to bypass those standards, illegal of course. This certain device is called a “defeat device,” which is any apparatus that …
Embezzlement and Forensics
Posted by Ahmed Alhadaith. Embezzlement is an illegal activity which several business owners have found themselves in over the years. One of the most recent cases in the United States involved one Jonathan Todd. He was an entertainment manager and through his dealings; he allegedly embezzled funds from some of his clients. Some of the …
Uber Goes on Legal Offensive Using Embattled Ad Agency
Posted by Mohammed Almanqari. Uber Company is always thought of being sued now and then for one or two issues. Apparently, the company has sued an advertising company called Fetch Media. Uber has taken to court Fetch Media accusing it of click fraud. The company had improperly billed Uber for online advertisements, which were not …
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At Wells Fargo, Complaints About Fraudulent Accounts Since 2005
Posted by Alexa Constantine. The New York Times on October 11th of this year released the article describing Wells Fargo’s fraud scandal that was brought to the public eye last month. The ethics scandal came to light last month, but the fraud has been going on for years, maybe even a decade with the first report …
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Wells Fargo – Pressure From the Top Down
Posted by Anna Fintor. Wells Fargo is currently involved in a legal scandal in which it is said to have opened bank accounts and credit cards without the costumer’s consent. According to Reuters, “The U.S. Consumer Financial Protection Bureau and other regulators ordered United States’ third-largest bank by assets to pay $190 million in fines …
Power Struggle Within the White House
Posted by Ryan McNeilly. Something we have come to know as Americans is that three things are certain in life. We will live, we will die, and we will pay taxes. Currently in the news, President’s Trump new tax plan has become the hot topic of discussion. People are disappointed to see another tax cut …
Kantian Ethics and Madoff’s Ponzi Scheme
Posted by Lindsey Pena. In business, ethics are strong guiding principles that aid managers, employees, and investors to correctly conduct business transactions. When ethical matters are disregarded, the end result is fraud, embezzlement, among many other illegal actions. One of these illegal actions is called a Ponzi scheme. Perhaps the most famous Ponzi scheme was …
Rapper Charged With Fraud
Posted by Basil Almubaddil. On July 14, 2017, a renowned rapper by the name DMX pleaded not guilty to 14 charges against him concerning tax fraud. This was after he had spent a night in jail and later posted a $500,000 bond and he was released. According to the prosecutor, DMX whose real name is …