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Accounting Fraud Watch: Autonomy Trial, Patisserie Valerie Arrests, Longfin CEO Charged

Plus, Patisserie Valerie’s ex-chairman doesn’t have nice things to say about Grant Thornton and Steinhoff warns of lingering damage from massive accounting fraud. Lynch says HP’s Meg Whitman couldn’t cope with ‘all the fires’ [Bloomberg] On his first day of testimony, Autonomy founder Mike Lynch said Hewlett-Packard Co.’s executives made him a scapegoat for their […]

Former Marks Paneth Partner Admits to Screwing Investors Out of $2 Million

Steven Henning, CPA, a former partner-in-charge of advisory services at New York City-based Marks Paneth, could have as long as 20 years to think about his choices: Steven Henning pled guilty today [June 24] to participating in two wire fraud schemes. In the first, he falsely claimed to have entered into multimillion-dollar intellectual property deals […]