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Economy

‘Honest services’ fraud limited

(Dolan Media Newswires) — The “honest services” criminal fraud statute applies only to cases involving bribery and kickbacks, the U.S. Supreme Court has ruled.

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Nonprofits try to avoid scams

Claims that Bernard Madoff defrauded investors — including many charities — out of $50 billion may be have been exaggerated, but his Ponzi scheme provided a “big wake-up call for the nonprofit industry,” according to Mathew Berger ...

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