Here's an unfortunate situation that hopefully none of you ever have to go through: The […]
Category: Fraud
Madoff Auditor Better at Cooperating Than Auditing, Won’t Serve Time
Auditors facing over 100 years in prison should take note: Madoff auditor David Friehling to […]
“Just Ask the Guy” Not Always a Futile Fraud Detection Method
Boonlomp Soonthornchai handled trustee, executor and accounting services as a partner at Yount, Hyde and […]
Olympus Decides Fighting Lawsuits for Accounting Scandal Not a Pretty Picture
Olympus Corp, proud owner of a $1.7 billion accounting scandal, decided to say sayōnara to 11 […]
Man Who Lived Out Fantasy of Screwing Over a Major Airline Sentenced to Six Years in Prison
Paul Anderson, a former Delta Airlines employee, defrauded Northwest and Delta Airlines out of $36 […]
Ex-Crazy Eddie CFO Now Judging Fellow Criminals on Their Criminal Talents or Lack Thereof
If there's anyone who knows about being a criminal, it's former Crazy Eddie CFO Sam […]
Disgraced CEO Claims Stealing $665 Million Was Just Incompetence, Not Theft
You wonder sometimes why these guys say anything at all instead of just keeping their […]
Let’s Not Rush to Judgment Just Because a Guy Blew Off a Meeting About Accounting Discrepancies 5 Minutes Before It Started
A man who spent his entire 32-year-career in the accounting department of Frisch's Restaurants — […]
Satyam Founder Sentenced to 6 Months in Prison for Massive, Obvious Fraud
Remember Satyam? That Satyam? Yeah, it's been awhile for us, too. Satyam's PwC India auditors […]
Ex-Enron CFO Sorry About Sarbanes-Oxley, Guys
Enron's former CFO was at the University of New Mexico last week speaking about, well, […]
Old Lady Convicted of $190,000 Fraud and Doesn’t Even Have to Miss Christmas
The ACFE says 7 percent of frauds are detected by accident and only 3 percent […]
The Stupid But Wealthy Athlete’s Guide to Not Getting Ripped Off
Wealthy athletes are easy to scam. Really easy. Not all athletes know how to handle […]