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Deloitte Gets into the Ribbon-Cutting

Thumbnail image for grand opening.jpgMore giant scissor danger today as Deloitte had its own ribbon-cutting in Arlington, VA to open their new Federal headquarters. According to the firm’s press release will serve as the “hub for Deloitte’s Federal Government Services.”
The firm’s press release explains how this year’s BearingPoint acquisition provided Big D with many plunders:

“The opening of our new Federal headquarters today is the final milestone in the integration of Deloitte and BearingPoint,” said Robin Lineberger, principal, Deloitte Consulting LLP, and leader of Deloitte Federal Government Services. “Deloitte was already a leader in the Federal marketplace, and the acquisition marked an aggressive expansion into the U.S. federal space, gave us increased market share, strengthened our global position and altered the entire competitive landscape. With the integration of the teams now complete, we’re thrilled to continue serving our clients in the important work they do.”

Still feels like Deloitte might be dancing on the BP grave a little bit but maybe that’s just us.
Anyhoo, now that Deloitte is well positioned to get some lobbying done better serve its Fed clients, all the blue collar efforts can focus on The U.
Deloitte Opens New Federal Headquarters In Arlington [Press Release]

Former Deloitte Intern Not So Good at Gambling on Corporate Card, Lying About It

In blatant-misuse-of-the-corporate-credit-card news, a former Deloitte “trainee/student” (let’s assume an intern, shall we?) has admitted to racking up over £8,800 in gambling debt on his Deloitte issued credit card.


Umar Qureshi, using his Deloitte laptop no less, managed to lose the money in just a couple of months, October and November of 2008. At that point, Qureshi, rather than admit to being a horrendous gambler, lied about the charges, telling Deloitte that they were fraudulent. Depending on when this particular lie took place, he only managed to keep a straight face, at the most, for two months, as Deloitte terminated his contract in January of ’09.

Which is understandable. Gambling can be nerve-racking on its own but losing your ass on the Corporate Card has got to be a real pant-crapper. This makes for the second Big 4 degenerate loser to make headlines this year in the UK. Back in February, a ex-KPMGer really was rolling, slamming over £25,000 on his expense report.

Accountancy Age reports that the Institute of Chartered Accountants in England and Wales (“ICAEW”), “ordered that the defendant cease to be a provisional member and be ineligible for re-registration for six months, and that he be severely reprimanded.” As we mentioned in the KPMG case, we’re not sure what a “reprimand” entails but a weeklong diversity training with Barry Salzberg could be a possibility.

Luckily, for Qureshi a relative was kind enough to pay the debt owed to Deloitte, who must have really wanted the money back. It’s just principle.

Former Deloitte student admits £8k bill from online gambling [Accountancy Age]