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Delaware News


  Category: Fraud


Biden’s Investor Protection Unit Gauging Vulnerability to Cybersecurity Threats

Department of Justice | Department of Justice Press Releases | Fraud | Investor Protection | Date Posted: Wednesday, September 10, 2014

Delaware’s Investor Protection Unit is participating in a nationwide project to gauge the strength of Delaware investment advisers’ cybersecurity systems. Delaware law requires investment firms to register with the state’s Investor Protection Unit, and that office recently sent surveys to 44 investment companies covering areas such as whether the investment adviser has experienced a cybersecurity event in the past year, experienced loss or theft because of a cybersecurity breach and when the adviser last underwent a cybersecurity threat assessment.



Biden’s insistence on accountability for mortgage crisis leads to $45 million for Delaware, millions more in financial benefits for Delawareans from Bank of America

Department of Justice | Department of Justice Press Releases | Fraud | Investor Protection | Date Posted: Thursday, August 21, 2014

Biden has now secured at least $180 million from banks for conduct that caused mortgage crisis; Delaware is one of four states to participate directly in past three major settlements Wilmington – Bank of America has agreed to pay $45 million to Delaware and provide significant financial benefits to Delaware homeowners to settle allegations that […]



Biden acts to protect military servicemembers from predatory lending scheme

Consumer Protection | Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, July 29, 2014

Wilmington – Delaware Attorney General Beau Biden has joined the Consumer Financial Protection Bureau and 12 other states in a settlement with a consumer lender commonly known as Rome Finance Company that resolves allegations the lender, which specialized in providing consumer financing to military servicemembers, engaged in predatory lending practices that cost servicemembers tens of […]



Biden urges consumers to be wary of vacation-related scams

Consumer Protection | Department of Justice | Family | Fraud | Date Posted: Wednesday, July 9, 2014

Wilmington – As the summer travel season kicks into high gear, Attorney General Beau Biden warned Delawareans to be on the lookout for travel-related frauds and scams. “Vacationers are prime targets for scammers who attempt to swindle victims out of their money or steal their personal information to commit identity theft,” said Biden. “Help protect […]



Attorneys General Reach $105 Million Settlement With Pharmaceutical Company

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Wednesday, June 4, 2014

Delaware Attorney General Beau Biden and 44 of his colleagues announced a $105 million settlement today with GlaxoSmithKline to resolve claims that the pharmaceutical giant unlawfully marketed asthma and anti-depressant medications.






  Category: Fraud

Biden’s Investor Protection Unit Gauging Vulnerability to Cybersecurity Threats

Department of Justice | Department of Justice Press Releases | Fraud | Investor Protection | Date Posted: Wednesday, September 10, 2014

Delaware’s Investor Protection Unit is participating in a nationwide project to gauge the strength of Delaware investment advisers’ cybersecurity systems. Delaware law requires investment firms to register with the state’s Investor Protection Unit, and that office recently sent surveys to 44 investment companies covering areas such as whether the investment adviser has experienced a cybersecurity event in the past year, experienced loss or theft because of a cybersecurity breach and when the adviser last underwent a cybersecurity threat assessment.



Biden’s insistence on accountability for mortgage crisis leads to $45 million for Delaware, millions more in financial benefits for Delawareans from Bank of America

Department of Justice | Department of Justice Press Releases | Fraud | Investor Protection | Date Posted: Thursday, August 21, 2014

Biden has now secured at least $180 million from banks for conduct that caused mortgage crisis; Delaware is one of four states to participate directly in past three major settlements Wilmington – Bank of America has agreed to pay $45 million to Delaware and provide significant financial benefits to Delaware homeowners to settle allegations that […]



Biden acts to protect military servicemembers from predatory lending scheme

Consumer Protection | Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Tuesday, July 29, 2014

Wilmington – Delaware Attorney General Beau Biden has joined the Consumer Financial Protection Bureau and 12 other states in a settlement with a consumer lender commonly known as Rome Finance Company that resolves allegations the lender, which specialized in providing consumer financing to military servicemembers, engaged in predatory lending practices that cost servicemembers tens of […]



Biden urges consumers to be wary of vacation-related scams

Consumer Protection | Department of Justice | Family | Fraud | Date Posted: Wednesday, July 9, 2014

Wilmington – As the summer travel season kicks into high gear, Attorney General Beau Biden warned Delawareans to be on the lookout for travel-related frauds and scams. “Vacationers are prime targets for scammers who attempt to swindle victims out of their money or steal their personal information to commit identity theft,” said Biden. “Help protect […]



Attorneys General Reach $105 Million Settlement With Pharmaceutical Company

Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Wednesday, June 4, 2014

Delaware Attorney General Beau Biden and 44 of his colleagues announced a $105 million settlement today with GlaxoSmithKline to resolve claims that the pharmaceutical giant unlawfully marketed asthma and anti-depressant medications.