White Collar Crime To Soar As Markets Roil: Report

Law360, New York (January 21, 2009, 12:00 AM EST) -- As if an alleged $50 billion Ponzi scheme, alleged fraud throughout the mortgage sector and fears that stock traders manipulated, even destroyed, companies through targeted and fraudulent short-selling weren't enough, fraudsters may be cooking up new schemes and investors could see a big jump in white collar crime in the coming years, according to a report released Wednesday.

“In difficult economic conditions, businesses are struggling to compete for fewer business opportunities,” said Blake Coppotelli, senior managing director in the business intelligence and investigations practice at risk...
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