Fraud
Fraud
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The Center for Audit Quality and the Anti-Fraud Collaboration released a new publication on the role of the auditor in assessing and responding to fraud risk.
October 7 -
Rapper Fat Joe's 2022 lawsuit accused a former BDO employee of using his accounts and credit cards to withdraw thousands of dollars in cash.
October 2 -
The Securities and Exchange Commission alleged Olayinka Oyebola and his firm enabled the perpetration of a multiyear fraud scheme.
September 30 -
The software company co-founder allegedly raised more than $30 million by falsely claiming the company had millions of dollars in annually recurring revenue.
September 24 -
The SEC alleges Kubient's two former execs and former audit committee chair artificially inflated the company's revenue and lied to auditors.
September 17 -
Nicholas Bowerman was charged with manipulating Circor's internal accounting records, resulting in the company to overstate its financial performance by millions of dollars.
September 5 -
The SEC obtained emergency asset freezes against Jonathan Adam and Tanner Adam, and their respective entities, to halt an alleged $60 million cryptocurrency Ponzi scheme.
August 27 -
The Internal Revenue Service and its partners have identified half a dozen steps for safeguarding taxpayer information.
August 21 -
The SEC charged electric vehicle company Ideanomics and three of its executives with fraud for misleading the public about its financial performance from 2017 and 2019.
August 12 -
Abraham Shafi, former CEO of social media platform IRL, was charged with defrauding investors of $170 million by the Securities and Exchange Commission.
August 2 -
Prosecutors had sought a 15-year sentence, describing Shah as the "driving force behind a dizzying array of lies to clients, lenders, investors and an audit firm."
July 2 -
The police are looking into possible accounting and marketing fraud, market manipulation and use of privileged information.
July 1 -
The need for a revolutionary approach in fraud prevention is clear.
June 28 -
The 6-3 decision could reduce the commission's leverage to extract high-dollar settlements.
June 28 -
Card shark; the roof falls in; a dynamic duo; and other highlights of recent tax cases.
June 20 -
The Corporate Transparency Act, ostensibly meant to address scams and other crimes, has ironically opened the door to new kinds of scams directed at small-business owners.
June 13 -
In advance of World Elder Abuse Awareness Day, the Internal Revenue Service is highlighting how criminals target older citizens.
June 13 -
Ilit Raz, CEO and founder of now-shuttered Joonko, was charged with defrauding investors of at least $21 million by making false and misleading statements about the company.
June 12 -
The growing number of fraud victims who suffer staggering financial losses often find themselves having to pay Uncle Sam for their missing income, experts say.
June 7 -
An international coalition of tax authorities has released a list of possible risk indicators for cryptocurrency-related crimes, many of which have to do with privacy and anonymity.
May 31