Nasdaq to Buy Financial Fraud Detection Company Verafin
The $2.75 billion deal is the largest for the exchange since it acquired OMX in 2008 for $3.8 billion.
Court Orders Release of PPP Borrower Details
The decision was a victory for media organizations that sued the SBA for access to data about roughly $600 billion in COVID-19 loans to small businesses.
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.