Accounting fraud

Cole was convicted of a single count each of securities fraud and improperly influencing an audit, plus six counts of making false filings with the SEC.

The dramatic move comes in the wake of an investigation by prosecutors and Italy's market regulator into some of the club's balance sheets regarding alleged false accounting and market manipulation.

The judge said depositions of all parties in the case must be completed by March 20.

If history is a guide, the uptrend in corporate failures to be expected from rising costs of capital is likely to be accompanied by an increasing incidence of fraud.

From his skyscrapers to golf resorts, Donald Trump allegedly manipulated the value of a range of assets that inflated his net worth for years and defrauded banks, insurance companies and the IRS.

The commission has accused California-based VMware of running a scheme that used license key delays as its mechanism.

Noble collapsed into insolvency in 2018 after huge losses and accusations of improper accounting wiped out more than $10 billion in market capitalization.

Forensic investigators from PwC confirmed that 6.5 billion euros ($6.5 billion) in fictitious or irregular income had been recorded at Steinhoff between 2009 and 2016, making it South Africa's largest known fraud.

The multibillion-dollar commodities trader was forced to restructure after years of losses and accusations of improper accounting.

Donald Trump is taking the Fifth as he sits for a deposition on a probe into potentially fraudulent valuations.