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.
Western Union Fined $585M for Aiding Scams
U.S. authorities say Western Union's own agents processed payments for fraudsters in return for a share of the proceeds.
SEC Settles Two Huge FCPA Cases
Petrochemical company Braskem, its parent Obebrecht, and Teva Pharmaceutical Industries will pay a combined $4 billion.
Brazilian Aircraft Maker to Pay $205M Over Bribery Allegations
Aircraft manufacturer Embraer admitted responsibility for multiple FCPA violations in four foreign countries from 2007 to 2011.
Energy Services Vendor, Execs, Settle SEC Fraud Case
The energy services provider and four executives allegedly booked $20 million in improper revenue over a two-year period.
Accountant Suspended Over Failure to Spot Fraud
Among other things, the accountant and his firm failed to detect fraudulent sales and identify related-party transactions, says the SEC.
Merrill Lynch to Pay Record Customer Protection Fine
The Bank of America unit violated broker-dealer rules that require customer cash and securities be safeguarded in case a firm fails.
Ex-Logitech CFO Accused of Accounting Fraud
The executive and a former Logitech controller are accused of inflating the company's operating income in fiscal 2011.
Supply Chain Anti-Fraud Measures Lacking
A Deloitte poll finds only 29.3% of organizations use analytics to mitigate supply chain fraud and financial risks.
Ex-CFO Charged With Deceiving Uni-Pixel Investors
'Uni-Pixel and top executives portrayed a company whose technology had arrived when in truth it was still in the developmental stage,' said the SEC.