Whistleblower News from the Inside - September 3, 2013

Head of NYC’s top high school mishandles cheating scandal – A new report finds that Stanley Teitel, principal of the elite Stuyvesant High School, failed to properly investigate and thwart a cheating operation involving 60 students using smart phones to obtain answers to standardized tests.  NYT

Flawed factory inspections abroad – Despite the increased level of scrutiny following the Rana Plaza factory disaster in Bangladesh, inspections of overseas factory operations remain superficial and subject to fraud.  NYT

DOJ focusing on anti-money laundering efforts at casinos – Casinos are beefing up their anti-money laundering procedures following the settlement of a criminal investigation of Las Vegas Sands and a warning issued by the DOJ.  WSJ

Tylenol adds warning label in response to overdose concerns – Johnson & Johnson will add a safety label to the caps of its popular pain-relief products warning users of the dangers of too much acetaminophen, the drug’s key ingredient.  Boston Globe

Prominent Wall Street financier charged with aiding Madoff – A new court filing alleges that Ezra Merkin invested with Bernie Madoff billions of dollars of client funds knowing that Madoff was running a ponzi scheme.  NYT