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Monthly Archives: October 2018

Stryker to pay $7.8 million fine to SEC for FCPA violations

By Bruce L. Udolf, P.A. |

Stryker SYK, -0.58% was fined $7.8 million by the Securities and Exchange Commission for what the agency said was the second Foreign Corrupt Practices Act action against the medical devices company. According to the SEC, Stryker’s internal accounting controls were not sufficient to detect the risk of improper payments in sales of products in… Read More »

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Hacked, scammed and on your own: navigating cryptocurrency ‘wild west’

By Bruce L. Udolf, P.A. |

When Peggy and Marco Lachmann-Anke learned in January that hackers cracked a 40-character password and cleaned out their cryptocurrency wallet, they did not go to the police or alert the tokens’ issuer, the Berlin-based technology group IOTA.They bought more coins. The Cyprus-based German couple, who describe themselves as financial educators, figured they had no… Read More »

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What are South Florida’s most depraved scams?

By Bruce L. Udolf, P.A. |

What is it about South Florida that makes the region such an effective hatchery for scams and schemes? “Is it the weather? Is it because it’s beautiful and the fraudsters want to live here?” asked Kelly Jackson, top agent in the Internal Revenue Service’s criminal investigative division in South Florida, in 2015. “Is it… Read More »

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One million Floridians can’t vote due to felony convictions

By Bruce L. Udolf, P.A. |

One million Floridians can’t vote due to felony convictions. That must change, influencers say. More than one million Floridians won’t be able to cast a ballot this election year due to a felony conviction, and that needs to change, a panel of the state’s leading voices urged this week. The latest survey of the… Read More »

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