Accounting fraud

The British grocery company agrees to a 214 million pound penalty to resolve regulatory probes.

The Public Company Accounting Oversight Board has sanctioned a former partner of PricewaterhouseCoopers Auditores Independentes in Brazil for audit failures involving Sara Lee Corporation.

The Securities and Exchange Commission has charged two former executives at iPayment, a Westlake Village, California-based credit card processing company, with overseeing a scheme to steal millions of dollars via bogus expense reimbursements, inflated invoices and various accounting maneuvers.

With as much as $3 billion on the line, Jon Corzine is trying again to explain away a spectacular blot on his business legacy.

Medbox founder agrees to disgorge $12M and banning

PricewaterhouseCoopers LLP is putting the blame on MF Global Holdings Ltd.’s former chairman Jon Corzine for the New York brokerage’s collapse in 2011.

Homex allegedly falsified sales of over 100,000 homes to inflate revenue for three years in a row.

PricewaterhouseCoopers LLP’s epic screw-up at the Oscars could carry a high cost if jurors arrive at a malpractice trial next week suspecting the global accounting firm is error-prone.

Natural-food supplier that began a probe of its accounting practices last year, fell as much 15 percent after saying the U.S. Securities and Exchange Commission has opened a formal investigation into the matter.

Ex-American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg admitted to taking part in two deals to make the insurer’s financial condition look better than it was as part of a $9.9 million settlement with New York that has dragged out for almost a dozen years, the state’s top lawyer said.