Tag: fraud
How a Securities Lawyer Can Protect Your Financial Interests
From the financial hubs of Los Angeles and San Francisco to the growing business scenes in cities like San Diego, California’s economy is in...
Using RPA to Streamline Compliance And Risk Management in Finance
Today, there is a gamut of complex regulations that banks and financial institutions have to follow. Given that regulatory requirements are constantly changing, organizations...
How to Contest a Will: Steps to Take in Probate Disputes
Losing a loved one is already a challenging and emotional experience, and matters can become even more complex when disagreements over the deceased's will...
Kickback
What is a 'Kickback'
A kickback is the payment of something of value to a recipient as compensation or reward for providing favorable treatment to...
Identity Theft
DefinitionIdentity theft is the deliberate use of someone else's identity, usually as a method to gain a financial advantage or obtain credit and other...
Identity Fraud Reimbursement Program
What is 'Identity Fraud Reimbursement Program' A financial product that offers reimbursment for the costs associated with having been a victim of...
Majority Shareholder
What is a 'Majority Shareholder'
A majority shareholder is a person or entity that owns more than 50% of a company's outstanding shares. The majority...
Magnetic Ink Character Recognition Line (MICR)
What is 'Magnetic Ink Character Recognition Line - MICR' The information that appears at the bottom of a check that includes the...
Major Fraud Act Of 1988
What is 'Major Fraud Act Of 1988' A piece of legislation passed during the Reagan administration that modified and strengthened previous fraud...
Salad Oil Scandal
DefinitionThe Salad Oil Scandal, also referred to as the "Soybean Scandal", was a major corporate scandal in 1963 that ultimately caused over $150 million...