Financial crimes

Billionaire Gautam Adani's companies have suffered a stock meltdown in recent weeks after U.S. short-seller Hindenburg Research accused the conglomerate of manipulation and accounting fraud.

In forensic accounting, there's a genuine impact on people, their families and communities. Here are a few true experiences to illustrate this point.

The $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn't catch it at Americanas SA.

Crowe U.K. replaced the Big Four firm as the auditor of U.K. entities including Adani Energy Holdings after the Indian firm bought them in 2021.

Childcare shuffle; engineering a scam; one cent for tribute; and other highlights of recent tax cases.

A short-seller accused the the company of "brazen" market manipulation and accounting fraud.

Hindenburg Research had published a 100-page report alleging that its two-year investigation found "brazen stock manipulation and accounting fraud."

Trump, his company and three of his children were sued for allegedly manipulating the value of his assets for years to dupe banks and insurers.

Hundreds of occasions; now for the hard labor; fool me twice; and other highlights of recent tax cases.

The Indian company may sue U.S. investor Hindenburg Research after the short seller released a report alleging "brazen" market manipulation and accounting fraud.

Cum-Ex siphoned off billions by taking advantage of tax laws that seemed to allow multiple investors to claim refunds of a tax on dividends that was paid only once.

Got Reals; a wonderful world; buddy, can you spare 28 million?; and other highlights of recent tax cases.

The accountant sold partnerships in deals known as syndicated conservation easements, which the IRS says are often fraudulent tax shelters.

The service is increasingly relying on information provided by financial institutions to uncover tax-related crimes such as money laundering and drug trafficking.

The IRS Criminal Investigation division names the worst of the worst of the past 12 months.

Completely fabricated; comp con; ain't that a kickback; and other highlights of recent tax cases.

Sam Bankman-Fried offered one of his most detailed descriptions yet of the FTX debacle as he prepares to fight fraud charges.

Gary Harmon told a federal judge that he used his brother's credentials to recreate eight Bitcoin wallets stored on a device in an IRS evidence locker.

Conservative estimates; weeded out; lack of security; and other highlights of recent tax cases.

In addition 3 1/2 years in prison and three years of probation, Singer must pay $10.7 million in federal income taxes he dodged.