Code of Ethics and Code of Conduct – What’s the Difference?

What’s the difference between a code of ethics and conduct? The terms “Code of Ethics” and “Code of Conduct” are often mistakenly used interchangeably. They are, in fact, two unique documents. Codes of ethics, which govern decision-making, and codes of conduct, which govern actions, represent two common ways that companies self-regulate. They are often associated with … Continued

Fraud at Herbalife: A Pyramid Scheme of Protein Shakes

Shake It Off Meet Miguel Calderon. He is a retired construction worker, his highest level of education is completing the sixth grade, and he may have been an unwitting victim of a pyramid scheme. Calderon, a 68-year-old who lives in a working-class area near Chicago, heard of the company Herbalife from a friend back in … Continued

The Ethics of Children's Advertising – Are "Trix" at Work?

Silly Rabbit, “Trix” Are for Kids You know you remember it. And you probably pestered your parents for it. But some “Trix” are reserved for the business world. It seems that through the years, popular kids characters have had leading roles in television advertisements geared towards young Canadians, spotlighting quite often, unhealthy foods. Have you … Continued

Analysis of Behaviour May Prevent Check Fraud

Check Fraud Is Still a Problem According to the upcoming 2014 Faces of Fraud survey from the Information Security Media Group, check fraud is still the third most prevalent source of losses for financial institutions. Since the passage of the Check Clearing for the 21st Century Act in 2004, check imaging has been the method … Continued

Waterfront Toronto Wastes $1 Mil of Taxpayer Money on Umbrellas

Rob Ford Says No to Pink Umbrellas When even Toronto mayor Rob Ford thinks something is a bad idea, you know it’s probably a doozy. At a Toronto city council meeting yesterday, Rob Ford and his brother, city councillor Doug Ford, spoke out against Waterfront Toronto, a project aimed at revitalizing the area bordering Lake … Continued

T-Mobile Over-Charges Customers With Bogus Fees

Text F for Fraud Most of us already pay a fortune on our monthly cellphone bills, but if you were a T-Mobile customer between 2009 and December 2013, you may have been cheated into paying additional charges as well. The Federal Trade Commission (FTC) is filing a lawsuit against the U.S.-based wireless network, accusing them … Continued

Insider Trading Is More Common Than You Think

I’d Like to Buy a Thousand Lottery Tickets Please Three in one trillion. According to a groundbreaking new study, those are the odds of an investor randomly purchasing a stock that perfectly coincides with a corporate merger or acquisition that has not been announced to the general public yet. To put this in perspective, you … Continued

How to Protect Your Business Against Cyber Crime

Online Communications Have Changed the World The Internet is an amazing thing. People can gather and share information. You can market and sell goods. You can communicate in real time with people on the other side of the world. Perhaps if I had the Internet available to me when I was attempting to complete essays … Continued

Swimming With Sharks – Barclay's Dark Pool Problem

Swim in the Dark Pool at Your Own Risk A ‘dark pool’ may sound like the newest trend in tropical holiday hotspots, but what it is, is actually far less exotic. Barclay’s, the famous British bank, is being accused of giving high-frequency trading clients an edge using these so-called ‘dark pools’ – or, its alternative … Continued