On: Big name corporations more likely to commit fraud:...

[tremendo]

As soon as I read "financial securities fraud identified in SEC filings…" immediately brought to mind an article in Bloomberg [1]:

"Securities fraud is a universal regulatory regime; anything bad that is done by or happens to a public company is also securities fraud, and it is often easier to punish the bad thing as securities fraud than it is to regulate it directly."

this right after:

"And so contributing to global warming is securities fraud, and sexual harassment by executives is securities fraud, and customer data breaches are securities fraud, and mistreating killer whales is securities fraud, and whatever else…"

[1] https://www.bloomberg.com/opinion/articles/2019-06-26/everyt...

The point of TFA likely still stands, but I wonder to what extent the points from Levine's Bloomberg article colors, or skews the data.

Edited for formatting

[KirillPanov → tremendo]

Same with money laundering.

If you do anything illegal, and there was any kind of economic transaction involved, you almost certainly committed money laundering.

[bpodgursky → KirillPanov]

Don't forget Mail Fraud.

If anything illegal happened, and the USPS was involved in any way... you're on the hook for federal mail fraud charges.