The central compliance issue that they are working to curtail is their many violations of the Servicemembers Civil Relief Act (SCRA). Since 2003, the company has undergone scrutiny about overcharging servicemembers and recently returned servicemembers from active duty, which caused many of the servicemembers to face the possibility of a bank foreclosure. When this issue was brought to the company’s attention, J.P Morgan Chase identified two problems. The first was the fact that four thousand-five hundred servicemembers were charged interest and fees that were way above the regulatory cap. Secondly, J.P Morgan Chase
Institutions Over the past few years, the nation has been temporarily outraged by many different government scandals such as the leak of a CIA agent’s cover by their own government; the firing of United States Attorneys who weren’t blindly loyal to the administration; the suspension of habeas corpus rights, the friendly-fire death and subsequent cover-up of soldier Pat Tillman; the warrantless wiretapping of American citizens. That last scandal is in the news again, because the President managed to have the laws changed retroactively, so his once-illegal surveillance program is now the law of the land. The military has covered up many things that have happened in the past to prevent from ruining their reputation and to discourage people from
Some of the burglars had ties to people in his administration and Nixon tried to minimize the damage to his personnel. The cover up was known as “Watergate.” It refers to an order of events, over a two year period, with Nixon’s administration abusing their power toward the goal of being sneaky towards the political opposition in the public. Investigations uncovered many unethical and illegal activities by people close to Nixon. The court ordered release of the tape in August 1974 with the prospect of impeachment for Nixon and he resigned only four days later on August 9. Deep throat informed the Washington Post
There is a lot of evidence supporting the Mafia’s involvement. In 1979 the House Select Committee on Assassinations determined that JF Kennedy’s murder was probably the result of a conspiracy. They locked the record away for 50 years and then the release date was changed to 2017 as a result of the JKF act of 1992. Validity of Claims: The web page contains a lot of specific details some of which are supported with sources and others which aren’t. Strengths and Weaknesses: Web page has a lot of information.
Sarbanes-Oxley Act Article Analysis Susana Hernandezvargas ACC/340 June 07, 2013 David De La Calzada Sarbanes-Oxley Act Article Analysis There have been multiple business scandals surrounding internal control such as those associated with WorldCom, Enron, and many others. These events led to Congress passing the Sarbanes-Oxley Act of 2002. The commonality in all of these cases was the false reporting of financial transactions. In addition, all these company’s shareholder’s experienced heavy losses as a result of transactions being misinterpreted. With the Sarbanes-Oxley Act in place investors are now protected through the improvement of reliability and accuracy of corporate disclosures made in accordance with the securities laws money (Bagranoff, Simkin, & Strand-Norman, 2008).
THE TROUBLE WITH BACKGROUND CHECKS; Employee screening has become a big business, but not always an accurate one. This article presented instances of people who claimed that background screening firms ruined their chances at job opportunities. In each case the applicants, Ted Pendergrass, Theon Carter, John Griffith, and Ingrid Morales, all have claims that background screening firms have inaccurate information. Ted Pendergrass applied and was rejected for the store supervisor job at Walgreens in November of 2006. The reason, a background screening firm called ChoicePoint, which is the largest screening firm in the United States for corporate employers, had reported to Walgreens that Mr. Pendergrass had a record of “cash register fraud and theft of merchandise” totaling over $7,000.
The Thoreau Society. Web. 28 Sept. 2014. 2. 4Witherell, Elizabeth.
IRS Controversy: What's the potential fallout? Yes, this news story goes in-depth and breadth. It goes around the controversy of the IRS saying that the IRS has ineffective management" led to IRS tea party targeting. "Despite repeated calls for cooperation, the agency failed to be completely truthful in its responses to the Committee during its nearly two-year long investigation of this matter, and in testimony before the committee," they wrote (Condon, May). While under the investigation the IRS has led Congress to believe that after lawmakers question the IRS over the undue scrutiny the agency put on conservative groups that filed for tax-exempt status during the 2012 elections, they'll want to take action -- to hold people accountable and eventually consider legislation to amend any systemic problems that led to this kind of political discrimination.
After and extremely grueling 6 weeks of cross-examinations, evidence, listening to witnesses, and closing speeches, the jury had found the two guilty of both murder and robbery. Sacco and Vanzetti were given the
The largest case of online identity theft was about Albert Gonzalez (the mastermind) and other conspirators that made off with over 130 million credit and debit card numbers from late 2006 to early 2008. They gained access to the computer networks of Heartland Payment Systems, 7-Eleven Inc., Hannaford Brothers, T.J. Maxx, and Dave & Buster’s. Gonzalez cost companies, banks, and insurers almost $200 million dollars while he lived a lavishing life and was sentenced to 20 years which made his sentence the harshest ever for computer crime in an American court because it was one of the largest cyber thefts in US history, http://graphics8.nytimes.com/packages/pdf/technology/Gonzales_Indictment.pdf is the indictment. Abraham Abdallah was a Brooklyn busboy that used the Internet to obtain access to the private finances of more than 200 of the riches people in America that were listed in Forbes magazine by skillfully using computers in a Brooklyn library. He breached the bank, brokerage, and credit card accounts of tycoons and celebrities such as CNN founder Ted Turner, George Soros, and Warren Buffet.