Accounting fraud

Omar Amanat is not shy about his accomplishments. On his website, along with a smiling photograph wrapped in his trademark scarf, he details his exploits and accolades, touting being named one of the world’s most influential Muslims and “the most powerful person in Hollywood you’ve never heard of.”

Sean McKessy, chief of the Securities and Exchange Commission’s whistleblower office, plans to set down this month.

Some of our favorite examples of tax and accounting professionals breaking bad

A former controller who embezzled $8.7 million from the Pepsi bottling company where he worked and then spent six years as a fugitive on the Appalachian Trail has been sentenced to eight years in prison.

Roomy Khan, a technology executive and financial analyst who helped convict Galleon Group founder Raj Rajaratnam on fraud charges, told a group of fraud examiners last week about how she became enmeshed in the insider trading scheme.

Judge Jed Rakoff told attendees at the Association of Certified Fraud Examiners' Annual Global Fraud Conference in Las Vegas that prosecutors are falling short on prosecuting fraud.

The Securities and Exchange Commission has barred a former corporate vice president and a former controller for false accounting at an electronics company.

Oracle Corp. and its top executives were sued by an investor who blames his stock losses on allegations by a former finance executive that the cloud computing giant doctored its quarterly results.

New York’s highest court again rejected a bid by former American International Group Inc. Chairman Maurice “Hank” Greenberg to dismiss the state’s decade-old fraud suit against him, clearing a path for a trial.

CBL & Associates Properties Inc. fell as much as 12 percent after a published report said the U.S. retail landlord is being investigated for accounting fraud.