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Caterpillar writes off most of China deal after fraud

2013-01-19 04:40:00| IT Services - Topix.net

Caterpillar Inc uncovered "deliberate, multi-year, coordinated accounting misconduct" at a subsidiary of a Chinese company it acquired last summer, leading it to write off most of the value of the deal and wiping out more than half its expected earnings for the fourth quarter of 2012.

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Reardon Guilty of Election Fraud Charges

2013-01-18 21:30:34| Real Estate - Topix.net

Former Mahoning County treasurer Reardon pleaded guilty this week to charges that accuse him falsifying campaign finance information during his run for state auditor.

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Ex-Nortel Executives Found Not Guilty of Fraud

2013-01-17 11:19:53| Telecom - Topix.net

The Nortel Networks booth June 5, 2001, at the Georgia World Congress Center in Atlanta, Georgia, June 5, 2001.

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After Swartz Death, Lofgren Calls for Update to Computer Fraud Law

2013-01-17 02:37:03| PC Magazine Software Product Guide

In the wake of Aaron Swartz's death, Rep. Zoe Lofgren has proposed legislation that would update the Computer Fraud & Abuse Act so that violating terms of service do not carry such hefty sentences.

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Oracle trying to quell certification exam voucher fraud

2013-01-16 21:26:18| InfoWorld: Top News

Oracle is cracking down on the use of counterfeit vouchers for its certification examinations, a move that could have significant implications for the unwitting as well as willful violators. "Did you know that purchasing vouchers from a non-authorized outlet is fraud? We recently revoked several exam scores as we tracked down counterfeit vouchers that had been used to purchase exams," the company said in an official blog post this week.

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