Tuesday, January 26, 2021

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University lecturer sacked over PhD Plagiarism

The Kenyatta University has revoked a PhD awarded to one of its lecturers in 2018 after he was found guilty of plagiarising thesis of a senior lecturer at Usmanu Danfodiyo University in Sokoto, Nigeria. Vice-Chancellor Prof Paul Wainaina in a...

How criminals use Uber and Airbnb to launder money stolen from your credit card

Cybercriminals are turning to new technologies to launder their ill-gotten gains, including recruiting fake Uber drivers, shady Airbnb hosts and crypto conversion specialists via the underground dark web, experts say. Criminals are also ramping up older methods of money laundering,...

15 ways young people can fight corruption

1. FOLLOW THE MONEY Governments have vast sums of public money to spend  and this can pose a serious corruption risk. By keeping tabs on government expenditure, you can help shed light on how your country’s taxes are being spent...

List of country first lady accused of corruption

Sara Netanyahu, wife of the Israeli prime minister, has long been plagued by allegations of living a lavish lifestyle with the taxpayers’ money, and squabbling with staff and meddling in state affairs. She’s now charged with a series of...

Is Bribery a victimless crime?

The notion of bribery as a victimless crime has resulted in countless disaster costing vast economic-financial losses and people’s lives. Bribery is used as an excuse to get things done faster, to cut through bureaucratic processes, to gain access to non-public...

Who was Charles Ponzi [Financial Crimes Profile]

Who Was Charles Ponzi Born in Parma, Italy, in 1883, Charles Ponzi’s early days are somewhat unknown. He claimed to have attended the University of Rome La Sapienza but never graduated. Ponzi arrived in Boston in November 1903 aboard the S.S....

What is Fraud

Fraud is the false misrepresentation of fact to gain dishonest advantage or gain unlawful benefit from a person or activities. Fraudulent activities may result in loss of money, property, legal right or any substance of value. The impact on fraud...

What is Corruption

The broad definition of corruption is the abuse or misuse of power by a person in power for private gains. Corruption is usually associated with people in public positions, for example; politicians, civil servants, government officials, police officers etc....

What is Bribery

Bribery is the practice of offering or receiving something such as money or goods with the intention of influencing an outcome or behaviour of the receiving party.  Bribery includes any form of favour in exchange for the desired outcome...

How to Launder Money

Over the last few decades, the funds involved in money laundering has continued to increase with the United Nations Office on Drugs and Crime (UNODC) estimating illegal funds from criminal proceeds amount to 3.6% of global GDP, with 2.7%...

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