Bankrate

Ex-Bankrate CFO Gets 10 Years for $25M Fraud
Risk & Compliance

Ex-Bankrate CFO Gets 10 Years for $25M Fraud

Edward DiMaria argued the fraud amounted to only an “incremental smoothing of earnings” but prosecutors said he "blatantly manipulated" Bankrate's earnings.
By Matthew Heller | September 26, 2018
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Ex-Bankrate CFO Pleads Guilty to $25M Fraud
Risk & Compliance

Ex-Bankrate CFO Pleads Guilty to $25M Fraud

Edward DiMaria will be sentenced in September for using "cushion" accounting to inflate Bankrate's reported revenue and earnings.
By Matthew Heller | July 2, 2018
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Ex-Bankrate CFO Charged With Criminal Fraud
Risk & Compliance

Ex-Bankrate CFO Charged With Criminal Fraud

Edward DiMaria allegedly used "cushion" accounting and other methods to manipulate Bankrate's reported revenue and earnings.
By Matthew Heller | December 22, 2017
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Bankrate Settles SEC’s Accounting Fraud Charges for $15 Million
Risk & Compliance

Bankrate Settles SEC’s Accounting Fraud Charges for $15 Million

The online personal finance publisher's former CFO is implicated in charges that include fabricating revenues
By Katie Kuehner-Hebert | September 8, 2015
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Publisher Reveals SEC Probe and CFO Departure
Risk & Compliance

Publisher Reveals SEC Probe and CFO Departure

Online publisher Bankrate under investigation for improper financial accounting during 2012; CFO steps down.
By Iris Dorbian | September 16, 2014
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