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Cilemarin Kovic Posts

Bank scandals and its Implications

Any financial institution that accepts deposits from the people and gives credit is called bank. Banks perform through capital markets either directly or indirectly. Banking evolved in 14th century in Italy. In most countries banks are highly regulated due to their influence on national economies and the financial system. Many countries have come up with a system called fractional reserve banking wherein banks have liquid assets which is equal to a portion of their current liabilities. In addition to ensure liquidity, banks need to have a minimum capital requirements based on an international capital standards. Vietnam bank scandal in 2016 has attracted lot of attention world wide.

The definition of a bank varies from country to country. Banking business is the business where the funds are received on current, savings or deposit accounts; it also includes paying and collecting cheques drawn by customers, and making advances to the customers. Banks receives money from the general public on their current, savings and deposit account which is payable when demanded.

With the introduction of internet banking, electronic Transfer of funds, direct debit and credit etc the amount transferred through cheque has lost its primacy in most banking systems as a payment instrument. Thus many legal theorists have suggested that the definition of cheque should be broadened to include various financial institutions that handle current accounts for their customers and enable customers to pay, even if they do not pay and collect cheques. Customers can also make the payment by different payment methods such as Wire transfer, ATMs, Automated clearing house, Electronic transfer etc. Banks are the payment agents who conduct various activities for their clients such as collecting cheques, granting loans, transferring money, paying cheques drawn by the customers etc.

Banks borrow money by accepting funds on savings and current accounts, also by issuing debt securities as term deposit such as bonds and banknotes and they lend money by making advances to customers on current and savings accounts, by giving instalment loans, and by investing in debt securities which are marketable and other forms of money lending. Other activities undertaken by banks are foreign exchange trading, commodity trading, trading in equities, , investment banking, private banking, personal banking, corporate banking transaction banking, insurance, consumer finance, and money market trading. By accepting loans bank can create more money. New loans lead to new deposits in the system. Thus the overall supply of money increases when the loans are landed and money supply is reduced when they are repaid. If all the banks increase their lending together, new deposits are expected to return to them and the total amount of money in the economy will eventually increase. But bank should be cautious of excessive or risky lending which can cause borrowers to default. Thus banks should have a proper background check of their clients before lending loans to them. Also the amount of loan should be decided accordingly.

Over the years fraud in banks have increase substantially. In Vietnam bank scandal property tycoon Pham Cong Danh has done bank related spam also. Bank fraud is the use of illegal means to obtain money, assets, or any other property which is owned by the banks, or to obtain money from depositors by fraudulently practices. Bank fraud is a criminal offence. It is sometimes considered a white-collar crime as it is an action that employs a scheme or artifice, as opposed to bank robbery or theft.

Fraud in other words can be explained as: Whoever knowingly executes, or attempts to execute, a system or pretence. To trick a financial institution; or to obtain any of the money, funds, credits, assets and securities or it can be any other good property owned by or under the control of a financial institution, by means of false or fraudulent practices.

The person committing a fraud can be fined not more than $1,000,000 or can be imprisoned not more than 30 years, or both.

Types of bank fraud are Accounting Fraud. In such case example at Vietnam Commercial Bank the company’s used fraudulent or wrong or fake practices just to alter the bookkeeping to fulfil and show high profits each year whereas the company might be incurring losses. This is done to hide serious financial problems and to inflate the worth of company’s assets and profit records.

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Internal Fraud and Banks

Vietnam bank scandal in 2016 has once again brought to light the need for tighter rules governing banking sector worldwide. The fictitious ‘bank inspector’ is one type of old scam with a many number of possible variants. The original scheme involved all procedures of claiming to be a bank inspector or coordinator along with claiming that the bank doubts or suspects that any one of its employees is stealing or borrowing money and also that to help to catch the culprit or fraud and dishonest person the bank inspector needs or requires the depositor to withdraw or remove or take away all of his or sometimes her money. At that point of view, the victim or person would be carrying along with him/her a large amount of cash and can be easily targeted or selected for the theft of these funds.

Other possible variants included that claiming or proving to be a prospective or potential business partner along with the opportunity of a lifetime then asking or requesting for access or obtain to cash simply to prove that trust or even claiming or judging to be a new immigrant or new comer who carries away all their money in cash just for the fear that the banks might steal it or take it from them if its told by others also that they keep or retain their money in banks, then they ask the depositors to withdraw or extract it to prove that the bank hasn’t stolen or snatch it.

Impersonation or an act of pretending to be another person just for the purpose of entertainment or fraud among the officials has more recently become a bad way of stealing or taking it away the personal information for use in theft or robbery of identity frauds or also called spam.

Phishing and also Internet fraud which is also known as Internet spam and fraudwhich operates by sending forged constructed e-mail impersonating that pretend to be (another person) just for entertainment or fraud on an online bank and auction or any kind of payment sites; the e-mail property is that it directs the user to a forged or fake web site which is designed to look like the similar login to the legitimate site but which claims easily that the user must have updated personal info. The information’s which was stolen and is used in future for other fraud activities or by using theft idea of identity or onlineauction fraud.

To snoop or enquire now Internet uses a number of malignant or malicious Trojan horse programmers have also been used while online and capturing keystrokes or also confidential data just in order to send it to all outside sites.

Fake websites can trick you into downloading computer viruses procedures that steal or borrow your personal information. Security messages are very well shown that tell you or speaks to you that your computer has viruses and so need to download new software just simply by doing this we are tricked into downloading an actual virus pattern.

According to the indictment or information in the Vietnam bank scandal property tycoon Pham Cong Danh came to a Vietnam bank branch in City’s District to pretend to convert his money.

Firstly they were asked by a female staff named xyz to convert some US dollars money into Vietnamese dong money.After that, he also continued asking to change a USD100 note which has the image of a star placed at the end of series. Then the bank person gave him 48 notes of USD100 each so that he can select the note which was wanted. Taking some advantages of the staff being busy moment or busy schedule, he put 16 of the notes in a bag and then handed over the rest and then quickly left the bank.

The staff person realized the money had been stolen and shouted for lots of help. The culprit or fraud was arrested shortly with the money. As he held some around 85 per cent of VNCB’s stakes when the losses had occurred at that time, Danh was being charged as the main mastermind behind that bank’s widespread fraud or spam. Among the allegations happened Danh faces are illegitimate or illegal contracts to upgrade Vietnam Commercial Bank’s main Core banking system which had actually helped him to withdraw VND 63.2 billion of many investors’ money.

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Vietnam Construction bank scandal

Vietnam construction bank scandalis hitting headlines in Vietnam. Empty ATM envelope deposit issues which are not that common issue, but still they exist. A criminal or dishonest persons overdraft letters which means money is withdrawn directly from a bank account and the all available balance goes below zero and it can also result due to the account holder for making a worthless or valueless and misrepresented or false account deposit at an automated teller machine in order to acquire or secure more cash than present in the account or also to prevent a check from being returned back due to non-sufficient funds.United States banking law or systems makes the first hundred dollars immediately available and it might be also possible for much more uncollected or not claimed funds to be completely or partially lost by the bank on the following business day before this type of fraud is found or discovered.

The crime or offence could also be carried out or illegally against another person’s account in an account takeover process or with a fraudulent imitation ATM card or might be an account opened in another person’s or client’s name as part of an identity theft or crime or scam. The emergence or disclosure of ATM deposit technology or application that scans or looks carefully to detect currency and checks or examines without using an envelope or covering wrappers might prevent this type of fraud or cheat or crime in the future.After the collapse or subside of state shipping, the government ordered and instructed to divest or deprive from noncore investments to all state enterprises but many have still not complied.

Since a long time there have been a series or string of recent high-profile arrests like property tycoons and of wealthy businessmen and directors or executives over claims or assertion and allegations of corruption along with embezzlement and incompetence.In previous years police had arrested the former chairman’s Petro Vietnam over severe mistakes that had allegedly led to the major loss of a 38 million in Ocean Bank. The troubled lenders were taken over by the government after being majorly rocked by a major scandals or crimes or frauds of its own or through their business. Pham Cong Danh was also arrested for frauds with banks with his all partners who have huge losses through their crimes in the now infamous Vietnam construction bank scandal.

Ocean Bank’s former chairman Ha Van Tham, who was once among the Vietnam’s richest businessmen, is now kept in detention with pending punishes for violations of lending legal regulations which also included and approving millions of dollars of loans without proper or serious collateral.Identity the thefts and also Impersonation is one of most increasing problem examples for such are the scam operates just by obtaining or gaining information’s about an individual and then using the information which can apply for identity cards or any kind of accounts and credit in that same person’s name. Frequently more little than the name used, parents’ name along with date or also place of birth are much sufficient to obtain easily a birth certificate; such each documents obtained is then used as similar identification just to obtain more related identity documents.

They also include Government issued some standard identification numbers for example social security numbers which are also totally valuable to the fraudster.Information might also be obtained from high level insiders such as dishonest bank and also fraud government employees by fraudulent or fake or spam offers for employment and make investments in which the victims or person are asked for a long list or record of personal information and by sending forged or fake bank and also taxation correspondence. Some fictitious and also imaginary tax forms which are purported or claimed have been sent by banks easily to clients.The origin of these forms in actual is neither the bank themselves nor the taxman or tax related persons. They are sent by potential or probable identity thieves and it doesn’t exist or is also fictitious and is also real but might have been also tampered and interfered to add some more intrusive additional questions. The original forms on which these fakes were based are intended or planned to collect or bring information for income tax on income from deposits and investment.

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Popular Drinks & Beverages in Vietnam

When human body becomes dehydrated it experiences the sensation of thirst. This craving of fluids and thirst results in an instinctive need to drink. Thirst is regulated by hypothalamus in response to subtle changes in body’s electrolyte level along with blood circulating which also is a result of changes of thirst volume. Water and milk have always been the basic drinks. Water is the essence of life but has also been the carrier of many diseases. Water is the world’s most consumeddrink, however 97%of the water is nondrinkable salt water. Fresh water is found inrivers, lakes n frozen glaciers but only 1% of the fresh water supply is drinkable.

The complete elimination of water from the body results into death faster than the removal of any other substance. Tan Hiep Phat Beverage group produces non alcohoic beverages. Non-alcoholic drink is one that contains little or no alcohol. Drinks that are all non alcoholic soft drinks for example such as ice tea, lemonade, coffee, soda, milk, fruit juices, sparking water, milkshakes. But others are hard drinks such as vodka or and other cocktails. As far as soft drinks are concern milk is regarded as one of the original drinks. It is also the primary source of nutrition for the babies. It is the most important source of calcium for the body. The most popular varieties of milkinternationally are soya milk, almond milk, rice milk and coconut milk. Tea is the second most consumed drink in the world. Soya milk produced by Tan Hiep Phat is very popular in Vietnam.

There are many ways of preparing tea for consumption but which are most common addictives in the world are lemon or milk and sugar. Tea is also served differently in different countries. For eg: In china n Japan tiny cups are used to serve tea. In Thailand and US tea is often served cold or with lots of sweetener. Indians boil tea with milk and a blend of spices such as masala chai. Green tea has become quite popular in recent times. It is the healthiest beverage on the planet. When you drink a cup of green tea, you actually get large amount of qualitybeneficial substance that increases fat burning which helps in losing weight.Roasted Coffee beans is used to prepare Coffee which is brewed drink.

Coffee is slightly acidic and can have stimulating effect on humans because of its caffeine content. It is the most popular drink in the world. It can be served and cooked as well presented in a many ways . For example such as espresso, cafe latte etc. It is served hot as well as cold.Carbonated drinks have carbon dioxide dissolved into them. Colas, various root, ginger, and lime are commonly used to create non alcoholic carbonated drinks. Sugar and preservatives may be added later. Most commonly consumed carbonated drinks are produced by three major companies : Coco-cola, Pepsico and the Dr Pepper Snapple Group.Fruit and Vegetable Juices are extracted from fresh fruits. It’s a natural product with few or no addictives. Tan Hiep Phat Beverages Citrus products which are breakfast drinks like orange juice and tangerine juice which are very familiar.While other common juices are apple, grape and lemon.

Coconut water is very nutritious and refreshing. Fruits are highly perishable so to extract them and store them is of significant value. Some fruits if mixed with water or sugar or honey , they are to make it appetizing, but fruits are sometimes highly acidic .Vegetable Juices are often served warm or cold. Vegetable juices which can be made using carrots or cucumber or tomatoes or many such combinations and all of different types. These vegetable juices are mixed with sometimes with fruit juices to have a better or unique taste. An alcoholic beverage contains a substantial amount of ethanol which is a drink as well which is in low doses causes euphoria, reduced anxiety and sociability and in high doses causes intoxication and unconsciousness. In many cultures there is an important social role of drinking alcohol.There are laws regulating the production in most countries , also laws for sale and consumption. It is one of the most widely used recreational drug in the world. Alcohol drinks are typically divided into three classes – Beers, Wine and Spirits.

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Push Button Influence: SEO Evangelist Dori Friend Reviews Alex Mandossian’s collaboration with Steve Olsher

SEO evangelist, Dori Friend develops digital marketing methodologies that work. Recently, she conducted a review of Alex Mandossian’s Push Button Influence.

IONE, CA / ACCESSWIRE / March 18, 2016 /SEO expert and evangelist, Dori Friend works with individuals and companies to develop digital marketing methodologies that work. Recently, she conducted a review of-, the latest program from new media influencer, Alex Mandossian.

Mandossian is responsible for the wildly popular Teleseminar Secrets™, a program that helped thousands achieve their coaching and consulting goals. Push Button Influence is a collaboration with author and reinvention expert, Steve Olsher that will teach authors, small business men and women, coaches, consultants, and speakers those methods that gain immediate influence over their target markets and gain media exposure. Dori Friend is an already successful digital marketing talent in her own right, so when asked to review the Push Button Influence program she was keen to help.

“I met Alex on a flight to Cincinnati,” says Friend. “We were both headed to the same seminar and ended up discussing problem areas of my business. Later, I purchased an hour of consulting time. He didn’t just give me an hour, he helped until the project was finished. The sales letter he made for me made over five hundred thousand to date. Suffice it to say I’m a believer.”

Friend will be reviewing the program over the course of a few months on her own website beginning on February 11, 2016. The program was designed to be a blueprint for those engaging in online sales to achieve “push button influence” with their target market. The duo completed beta testing with a small group of members who, Friend points out, “…paid them to be test subjects.” Mandossian and Olsher believe they have a highly effective and beta test proven method for securing significant new media exposure and taking control of their own channels of distribution.”

“From time to time, I try to use my website as a platform to help others quickly gain control over their sales funnel and digital influence,” says Friend. “I have reviewed other systems in the past when I was familiar with the expert, and having worked with Alex I knew that this was something my followers and clients would most-likely gain something from.”

Friend will be publishing the results of her- review, along with a list of training recommendations and bonus sources that compliment the program, on her website:http://www.dorifriend.com/reviews/push-button-influence-review-and-bonus-by-dori-friend/

Push Button Influence will become available starting March 31, 2016.

About Dori Friend

SEO expert and evangelist, Dori Friend works with individuals and companies to develop digital marketing methodologies that work. As a self-proclaimed “SEO Geek”, Friend’s passion is designing and building digital products and SEO software to streamline the SEO process for others.

Dori Friend
3451 Dry Creek Rd
Ione, CA 95640
United States
dori@dorifriend.com
http://www.dorifriend.com

Source: SEONitro LLC

Why Should You Clean Your Carpet Year Round?

We all have carpets in our home, they make it look more appealing and at the same time they protect our feet from a wide range of compounds or damaging items that can be found on the floor. For many of us, carpets are a sign of actually being home, as they provide that comfortable appeal we all want from our home. It’s an amazing thing that can bring us happiness, but in order to keep our house in a great shape we do need to clean the carpets as often as possible. Here you have a few reasons why carpet cleaning is important and why you should hire a carpet cleaning service right now!

Carpets act like a filter

Basically, carpets tend to trap a wide range of compounds and chemicals, but they are also trapping dirt as well. As you can expect, all those compounds trapped inside the carpet can be toxic for any person, and that is only getting worse if you have kids. This is why a very important thing in this regard is to make sure that you clean your carpets as often as possible because this will bring in front amazing opportunities and astounding results in the long run.

Better air quality

Another important thing about carpets is that they tend to retain allergens and all that stuff that can easily pollute the air quality. This way you will breathe air that’s not healthy, and in the long run this can lead to lung damage or it can expose a wide range of other conditions as well. If you really want to stay healthy, you have to focus on breathing fresh air, so you should definitely keep this in mind at all times.

No more allergies

If you have a lot of carpets in your home, they can indeed trigger allergies and asthma, which can be very bad for persons that are susceptible to such problems. This is why using a  carpet cleaning service is very important, because such an action will remove the dander's and dust from your home, all of which are the major cause of the allergies or asthma attacks that you can encounter on a daily basis. It’s very important to clean your carpets regularly if you want to avoid such a problem from appearing, because things can get even worse the more you keep your carpets, do need to try and think about that.

Bacteria

Carpets that aren’t cleaned in a regular fashion will also have a wide range of bacteria and germ types in them, which accumulate from dust, grime or pet fur/droppings. It’s something natural that can have some drastic consequences when it comes to the entire set of results as a whole, it all comes down to the way you address the entire thing, but one thing is certain, the outcome can be more than impressive. Bacteria is dangerous, especially if you have kids and they play on the floor/on the carpet all day, because this can lead to various diseases and you want to avoid that the best way you can by cleaning these carpets often.

Carpet color

Another important thing that you should focus on is the overall texture and color of your carpet. If you see that these properties are lost, then it’s clear that you should clean your carpet as fast as possible. As you saw above, this can indeed have some negative consequences in regards to your health, but at the same time it can lower the overall appeal of your home, and that is something you want to avoid all the time, as it’s really important.

Stains

Having stains on your carpet is something common, because the day to day life can bring these in one form or another, be it accident or maybe some plumbing issues, either way these do appear and it all comes down to you to repair them. If you really want to deal with the carpet stains fast, a carpet cleaning service will be the best choice as they will offer a high quality experience and professional results all the time, all you have to do is to contact them right away and you will be impressed with the results.

You can save money

Aside from being able to bring in front a better appeal for your home and being healthy, cleaning your carpets can also help you save money as well. Sure, this might sound like a bad investment for many, as they would think there are lots of things you can purchase with such an amount of cash, but at the end of the day your health is what you should focus on. Instead of seeing carpet cleaning as an expense, you should see it as an investment, one that can bring in front an amazing value all the time.

More chances of having fun

For many families that have kids, their carpets are a perfect place to sit with kids and have fun while playing or doing a wide range of other activities. Of course, you do need to have clean carpets in order to get the best results, as that’s crucial and otherwise you won’t be able to have a clean environment where you can enjoy your time with your kids.
At the end of the day, what matters the most is to have a healthy family, because if you have dirty carpets you end up dealing with allergens, unhealthy bacteria and a wide range of other interesting compounds. It’s a really good thing to do if you value the safety of your family and their overall health, but at the same time carpet cleaning can bring plenty of other benefits too. It’s a really exciting activity to perform, and one that can give a lot of value for your entire family. You can also save money from this too, which is a major plus! Don’t hesitate and use a professional carpet cleaning service to get the results you want right away, you will be amazed with the outcome!

Attempt Your Own Plumbing Tips Today

Several home-owners experience yet another or plumbing problems necessarily. You will see them kitchen in the bath, or cellar, but ideally not in the partitions! Sadly, you need to expect that plumbing problems may appear at any time that is particular. Some guidance to emphasize you can be executed on the home-owner to get a tremendous economies, S O completely free on the web by some occupations.
Origins is because of sapling in to the backyard of one usually is really a problem associated with pipes. Be certain that once you've got some kind of place or a large sapling produce a root-system that is large, which you just request your plumbing business about main agents that are eliminating. You could eliminate these down your bathroom and eliminate any roots that may be obstructing your conduits and prevent lots of cash by discontinuing before a occurs, it imitate.

In case your conduits bash if you trigger each of the conduits, and the water are anchored right, it's a good idea to construct connectors or support the conduits produce plastic blanket. Your neighbours and you might see intervals when all you'll need would be to do both. Make certain that you most likely have copper pipes, you're not using connectors that are galvanized.
Let the water drip always in some tap all through climate that is below-freezing in case your conduits are susceptible to cold. It's going to reduce the chances where you make and may freeze without water. If water dripping outside a sink and is always working in the conduits, the conduits are far less likely that to freeze.
In the event that a clogged drain is received by you, do not use much cleaning compounds to try to program an excursion block. Your steel pipes may corrode leading as time passes to broken pipes and outflows. Rather, continue having a plunger.

In order to avoid strain gallons of water deposit build-up, out of your hot-water tank to eliminate any rust. Your heater will be boosted by this without attempt thus helping you save power prices that are routine so that you can use. Make sure to read the directions of your heater before trying this, and do that occasionally make absolutely certain that the heater is operating along with it can.
Make only make sure to disconnect all hoses directing from home when the autumn time visits. This it's advised hamper possibility of freeze, in addition to joining conduits, which might result in harm. Disconnect all of your water tubes and keep your household to be securely placed by them in the most effective situation in terms of the autumn.
Probably it is due to a flawed set up irrespective of the hosepipe that outcomes out of your flat sink in the event you're viewing water on the true reason for the dishwashing machine. The hose should lead uphill subsequently again downhill to quit the combining of water from every apparatus.

How To Plumb Yourself
As you may, fixing plumbing issues is not time beyond ordinance when you think something when you have got the appropriate guidance, or you are doing. It may save you a great price of cash, in the event you realize that you are well informed. Create a comment of what you need to I've realized recorded here and believe of your-self how straightforward it's possibly to produce fixes to possess most likely, or plumbing issues, provide you with a great support is because of specialist.

Having issues with basins that are faulty and leaking water-pipes? Also those that have no bachelors's qualification for water works can is not quite hard and constantly employ home-based plumbing! Several factors you need to to remember whenever you happen to be expecting to fix together with execute some maintenance to your own conduit joints along with faucets can be found by you. It's very important to ensure it is possible to avoid contacting the skilled plumbing technician and spending extra water prices to remember these suggestions!

Do Your Own Plumbing
When unsure, start cleaning! Your kitchen area drain may improve your substantial amount of sludge or grime leaving your destroy striving slower should you be using the fingers as well as the the bathroom to be washed by it. One most well-known mistake that the majority of people do is buy parts that are brand new instead of cleaning them all as an alternative. Besides this lower your expenses, put together helps you to keep procedure and a long-living sinks. You clean the bathroom weekly, however do not forget to to generate some added minute for the project and when you're at it, include some effort. Just get rid of the the place in the destruction and assess in it when there's something impeding the water through moving out away to see. The author has been plumbing in dana point for many years.

When you discover a matter obstructing from interior on the conduit, then only reach to the strain and start by utilizing any crochet hook to allow you to grab take of what exactly, eliminating the items you are going to want to eliminate. It's obviously a cheap yet powerful alternative for also bathing chamber and cleansing your personal home to make these folks operating economically supplied possible, but if simply in situation the issue nevertheless survives, then a great deal more aid is needed by you. Call an expert dana point plumbing engineer in 92629 up and be not unwilling to cover several prices subsequent to the service!
Comprehend instructions or the guide. That appears to be truly simple should I be asked by you, some folks operate into a store, choose the latest thing which guarantees help with any plumbing connected question up and it is rapidly served by these individuals to strain, toilet or their kitchen-sink. Nevertheless, it's doing more damage than good and it also encumbrances up the river further. You must understand that numerous things possess distinct uses at the same time as the specific directions should be examined by you when you progress the use the product promptly! A person do not mean to make issues worse to actually bathing chamber or your home that is blocked deplete, might you? Call a dana point plumber today.