Anyone who’s gone through a single busy season will tell you that there’s no messing […]
Tag: Allegations
Report: Ambac Was One of the KPMG Clients That Got a Second Peek Thanks to Stolen PCAOB Info
Francine McKenna did some expert sleuthing and reports at MarketWatch that Ambac Financial Group was […]
Former KPMG Employees Learn That Using Confidential PCAOB Inspection Info Has Its Drawbacks
Six former employees of KPMG have been arrested and charged “with conspiring to defraud securities […]
Don’t Attempt to Steal a CPA Exam Study Book and Expect the Owner to Take It Lightly
Normally, this should all go without saying, but apparently not everyone knows the rules, as […]
Accountant Worked One Day, Allegedly Embezzled $15k
Here's an impressive feat of (alleged) fraud: a woman worked at a company for one […]
Company Accused of Being ‘Pharmaceutical Enron’ Doesn’t Appreciate the Sentiment
When people ask, "Is so-and-so the next Enron?" they usually don't make a strong case […]
34-Count Indictment Won’t Stop Accountant from Serving His Clients: Lawyer
Jack Weichman, CPA has been indicted on 34 criminal charges ranging from bank fraud to […]
Allegations Against KPMG Exec Make Him a Contender for Worst Boyfriend of the Year
Quoting our tipster, "Wow. Just wow." The New York Post has the scoop: A TV […]
PKF Hawaii Standing By Their Man Accused of Stealing From Firm
Patrick Oki, who stepped aside as PKF Hawaii's managing partner on Wednesday, pleaded not guilty […]
Lynn Tilton vs. SALY
During my first year, the firm sent me on a solo engagement to audit a bundle of Collateralized Loan Obligations (CLOs) that a client was preparing to sell. I’d never worked on that client or in that industry, and I’d never heard of a CLO before. The manager gave me a crash course on CLOs over lunch and told me, “Just follow what they did last year.”
An Ex-Grant Thornton Partner Has Been Charged with Embezzling $4 Million
Here's an interesting story about a fella by the name of Craig Haber. Craig became […]