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Hardly a week went by without a new corporate scandal and a Big Four accounting firm, including KPMG, coming under regular attack for failing to find a fraud.
In 2011, Ray Brescia, a professor at Albany Law School who had studied foreclosure procedures, told Reuters, "I think it's difficult to find a fraud of this size . . . in U.S. history".
In an interview in late 2011, Raymond Brescia, a visiting professor at Yale Law School who has written about foreclosure practices said, "I think it's difficult to find a fraud of this size on the U.S. court system in U.S. history".
"I think it's difficult to find a fraud of this size on the U.S. court system in U.S. history," said Raymond Brescia, a visiting professor at Yale Law School who has written articles analyzing the role of courts in the financial crisis.
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You can look at what information was there and ask, "well, why didn't they follow up on it?" The truth of the matter is even if you follow up on it, the question of whether you actually can find a truly intentional fraud is really debatable.
"We have given greater scrutiny ever since we conducted a religious-worker review and found a high fraud rate of 33percentt," said Shawn Saucier, an agency spokesman.
After the 2004 election in Ohio, for example, the Brennan Center found a voter fraud rate of.00004 of a percent, saying, "Americans are struck and killed by lightning about as often".
But opposition leaders say Mr. Milosevic will find a way -- even through electoral fraud -- to declare victory in the first round.
A check with dozens of food bank operators found a consensus that fraud was not a problem.
The National Oceanic and Atmospheric Administration NOAAA), which carries out a voluntary seafood inspection program, has found a national seafood fraud rate of 40percentt.
In the computer, the agents found "a treasure trove of fraud and hacking material," including files containing 1,200 credit card numbers and bookmarked Web sites pertaining to theft of identity, the prosecutor, Mr. Etra, said in court.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com