iOS app Android app

Accounting Fraud

Soda Exec Sentenced To 15 Years In Prison For Massive Accounting Fraud

AP | JOE MANDAK | Posted 03.04.2012 | Food

PITTSBURGH — An accounting-director-turned-government witness was sentenced Tuesday to five years in prison for faking the financial records of ...

Federal Judge Rudolph Randa Rules SEC Agreement Too Soft

The Huffington Post | Catherine New | Posted 12.23.2011 | Business

A federal judge in Milwaukee has criticized the Securities and Exchange Commission for being too soft with corporate enforcement, marking the second t...

In the Dark: Crimes, Capital Crimes, And GE Capital Crimes

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

If individuals committed crimes at GE, they should pay for their actions. That would be a service to GE's other employees, who would no longer be tainted by the misdeeds of a few senior-level people.

The Anti-Regulators Are the "Job Killers"

William K. Black | Posted 05.25.2011 | Business
William K. Black

The anti-regulators subverted the rule of law and allowed elite frauds to loot with impunity. Why isn't the new House leadership investigating that disgrace as one of their top priorities?

Biggest Accounting Scandals Of All Time (PHOTOS)

Posted 05.25.2011 | Business

Got a creative impulse? Accounting may be the profession for you! As you'll see from the below collection of massive book-cooking frauds, there may...

Weekly Audit: Will Weak Reforms Bring on Another Crisis?

The Media Consortium | Posted 05.25.2011 | Home
The Media Consortium

By Zach Carter, Media Consortium blogger Senate Banking Committee Chairman Chris Dodd (D-CT) unveiled his latest financial reform proposal on Monday, ...

Michael Lewis: Junior Salesgirlieman

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

It takes courage to tell the real story of this financial crash and recession. This is actually a story of Wall Street's massive, wide-spread, multi-year fraud, including accounting fraud.

Wasn't the SEC Supposed to be the 'Investor's Advocate?'

Joanne Bamberger | Posted 05.25.2011 | Business
Joanne Bamberger

The SEC has been badly weakened by Congress and now Congress blames the SEC for not keeping investors safe. There were warnings during the process, but no one listened.