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Former Vitesse executives avoid prison in fraud case

2014-03-26 03:46:30| Electronics - Topix.net

Two former executives at Vitesse Semiconductor Corp who became cooperating witnesses in the government's prosecution of the company's top management for inflating company earnings and backdating stock options were sentenced to time served Tuesday.

Tags: case avoid prison fraud

 

Nanowire impossible to replicate fingerprints could eliminate fraud, counterfeit goods

2014-03-25 17:24:33| Extremetech

A research group in South Korea have developed an interesting use for nanowires: Counterfeit prevention. By randomly dumping (their words, not mine) multicolored nanowires onto a plastic film, the researchers say they have created patterns (a nanowire fingerprint if you will) that are nearly impossible to replicate. These fingerprints could be embedded in electronics, money, drugs, and so on, to prevent fraud and the proliferation of counterfeit goods.

Tags: goods impossible fraud eliminate

 
 

Belvedere fraud victim gets $22,000 returned

2014-03-25 06:39:52| Trucking - Topix.net

The victim, a resident of Golden Gate Avenue, told police that someone pretending to be his grandson called and claimed he was in a Mexican jail, said Belvedere police Chief Tricia Seyler.

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Belvedere fraud victim gets $22,000 returned

2014-03-25 03:10:41| Air Courier - Topix.net

The victim, a resident of Golden Gate Avenue, told police that someone pretending to be his grandson called and claimed he was in a Mexican jail, said Belvedere police Chief Tricia Seyler.

Tags: returned fraud victim belvedere

 

GM shareholder files securities fraud suit over ignition recall

2014-03-22 00:57:13| Automakers - Topix.net

A shareholder filed a class-action lawsuit against General Motors in Detroit on Friday, saying stockholders were defrauded by the Detroit automaker's failure to disclose ignition switch problems earlier.

Tags: files securities suit fraud

 

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