Accountants Behaving Badly: Jail Time for Filing False Tax Returns, and BDO Malawi Given Stiff Fine
Plus, accountants in India got into trouble for fraud, duping investors, and forgery, while an accountant in Australia was charged for allegedly defrauding a business out of $200,000. Delaware County business owner sentenced to 4+ years in prison for stealing funds from clients, filing false forms with the IRS [Justice Department] Accountant Myles Hannigan was […]
KPMG Takes Victory Lap In Merrimack College Financial Aid Fraud Case
Merrimack College suffered two defeats on/in court yesterday. Its men’s basketball team got blown out by the Providence Friars 93-56. And it lost a case in a courtroom in Massachusetts to KPMG, although the jury found that KPMG wasn’t completely blameless in the student loan fraud case. Law360 reported: A Boston jury said negligence by […]
KPMG Heads to Court Next Week to Defend Itself for Being KPMG
Merrimack College in North Andover, MA, is trying to get some of that Klynveld money, alleging in a lawsuit that KPMG committed professional malpractice, breach of contract, negligence, and negligent misrepresentation. From Courtroom View Network: Accounting giant KPMG heads to trial next week in Massachusetts state court in a malpractice lawsuit filed by Merrimack College […]
The #2 Reason California CPAs are Disciplined by the Board May Surprise You
Forgive me for that Upworthy-esque piece of hit bait excuse for a headline, I almost went it "CPAs Are Getting Disciplined in California; You Won't Believe Why!" so I guess it's not as bad. In the Winter 2014 issue of the California Board of Accountancy Update, the Board takes a quick look at the top […]