Business news for Mon, 31 Dec 2007 & with word fraud. 7 news.

The best way to deal with buyer fraud is to prevent it.

Officials allege a scam used phony appraisals and paperwork to wring millions from deals in the Beverly Hills area. Kathy Moore's loan application sailed through the mortgage desk at Lehman Bros. Bank, and little wonder.

According to the Chinese calendar, 2007 was the year of the pig. South Florida's corporate fraudsters followed suit by having one of their most gluttonous years ever. Some of them even winded up in the pen - and we don't mean the pigpen. (PDX)

The Fraud Museum, a traveling exhibit based in Austin, houses memorabilia from some of the most infamous scam artists, con men ...

GlaxoSmithKline, AstraZeneca and Eli Lilly are alleged to have paid bribes to secure lucrative contracts in Iraq while Saddam Hussein was in power.

SAN FRANICISCO (MarketWatch) -- Kenyan President Mwai Kibaki was declared the winner Sunday of a national election marred by violence and allegations of vote fraud and sworn into office, according to media reports. Kibaki's margin of 231,728 votes over Raila Odinga was the closest in Kenyan history. At least 15 people were reported killed in the violence. According to media reports, the government has suspended live television coverage as riots rage through Kenyan slums where many of Odinga's supporters live. The election had been closely watched as a test of democracy in Kenya, one of Africa's most-developed countries.

Pharmaceutical giants GlaxoSmithKline (GSK) and AstraZeneca have confirmed that they have been asked to hand over documents to the Serious Fraud Office (SFO) as part of its investigation into bribes allegedly paid to Saddam Hussein's Iraqi regime during the UN's oil-for-food programme in the 1990s.