Corporate Resolutions In The News
- Will Brokers Shape Up After LPL Email Fine? May 30, 2013
It's not enough to save emails, companies need compliance people to monitor those communications to ensure all business is being conducted in accordance with all laws and regulations, Ken Springer, president of fraud examination firm Corporate Resolutions, said.
Filtering emails for keywords that could trigger concerns in trades and initial public offerings is an easy thing to do, and whether or not the filters catch anything, they are a sign the brokerage is doing all it can to monitor for suspicious or illegal activity, Springer said.
- How Allen Stanford, and greed, lured so many May 10, 2013
The question is as much about why investors missed the red flags surrounding Stanford as it is about what they missed: In fact, the warning signs could more readily be called ignored than missed, said Kenneth Springer, a former white-collar FBI agent and president of New York global financial investigation firm Corporate Resolutions Inc.
- Peregrine Financial: Regulator Turns to Execs for Fraud Fixes January 11, 2013
Regulators seeking input from the failed firm's management is "a highly unusual move, but it's a great lessons-learned tool," said Ken Springer, president of Corporate Resolutions Inc. and a former white-collar crime investigator for the Federal Bureau of Investigation.
- Self-Reporting Rule May Not Aid Insider Trading Crackdown January 10, 2013
The FinCen measure reflects a consensus among federal officials that alleged insider trading at hedge funds is not going away anytime soon, according to Ken Springer, a former FBI agent and the founder of Corporate Resolutions Inc., which handles federal investigations for financial firms and other companies.
- Corporate Intelligence: The bloodhounds of capitalism January 05, 2013
In China, where accounts are unreliable, they vet acquisition targets by hiring sleuths to interview ex-employees. Post-Madoff, pension funds are doing more homework on their investments, often with outside help, says Ken Springer of Corporate Resolutions, an investigations and consulting firm.
- Healthy Healthcare Deals: How to Avoid Fraud December 07, 2012
A healthcare executive charged with indecent exposure; a drug manufacturer with fraudulent financials; and, a physician with a history of medical board violations for falsely administering drugs to patients. These are some of the things uncovered in our background checks in healthcare deals. It is a growing industry for investors where fraud is just as prevalent as any other field.
- How to Detect and Prevent Fraud October 09, 2012
From Ponzi schemes to insider trading and from money laundering to embezzlement, fraud is an unfortunate reality in business.
For more than 30 years, I have been detecting and preventing corporate fraud, first as a Special Agent with the FBI and now as the President of Corporate Resolutions Inc.
Within the last year, the most prevalent forms of corporate fraud have had one common theme: concealing information.
- Three Ways to Protect a Small Business from Fraud August 24, 2012
It's a rare day lately when there isn't a report of a corporate fraud or financial scandal in the news, but it's not just big companies that face threats from within. Small businesses can be just as vulnerable to this type of wrongdoing and the “reputational risk” that surrounds it, said Kenneth S. Springer, co-author of Digging for Disclosure: Tactics for Protecting Your Firm's Assets from Swindlers, Scammers and Imposters and president of the global financial investigations firm Corporate Resolutions, based in Manhattan.
- Peregrine Financial Group CFO Cuypers Subpoenaed -Sources August 02, 2012
A subpoena doesn't necessarily indicate that authorities are planning to bring any charges against the recipient, according to Ken Springer, president of financial investigation firm Corporate Resolutions Inc. and a former agent with the Federal Bureau of Investigation.
- How Investors Should 'Think Like a Swindler' August 01, 2012
Ken Springer, president of Corporate Resolutions, former FBI agent, and author of "Digging for Disclosure," talks tactics for guarding assets from swindlers, scammers, and impostors.
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