Former Brixmor Property CFO and CEO Charged with Accounting Fraud
The SEC charged the company and four former executives with manipulating non-GAAP measures.
SeaWorld Attorney Charged with Insider Trading
Associate general counsel Paul Powers traded on nonpublic information that SeaWorld's earnings would exceed expectations.
Confronting the Harsh Realities of ‘Cross-Industry’ Fraud
CFOs should be alert to the growing threat from professional thieves who perpetrate the same types of fraud across multiple industries and sectors.
SEC: Telecom Firm Artificially Boosted Revenue
How many schemes did telecom expense management company Tangoe have for recognizing revenue improperly and hiding its pre-tax losses?
SEC Charges Citigroup for Internal Controls Failure
A Citigroup subsidiary failed to detect fraudulent invoices and work estimates in a receivables factoring program for an oil industry provider.
How to Spot a Fraudulent M&A Target
Here are some of the red flags of fraud that CFOs should watch out for when conducting due diligence.
Rev Rec Poses Health-Care Pricing Problems
As the industry consolidates, health-care CFOs will encounter a plethora of revenue streams that need to be accounted for.
AP Benchmarks Reveal Opportunities for Fraud
An APEX Analytix survey uncovers some weak spots in global accounts payable departments.
Cancer-Fighting Investments Went to Fund Restaurants
The SEC filed charges against a Massachusetts businessman for misusing investment funds intended for two pharmaceutical development companies.
Raymond James to Pay $150M Over Resort Fraud
The firm allegedly helped the owner and president of the Jay Peak ski resort misuse $200 million raised from immigrant investors.
Two CFOs Tell a Tale of Fraud at HealthSouth
Years after going to prison, disgraced CFOs try to make something good come from their crimes by telling finance executives how they went wrong.