SEC Charges Firm Over Fraudulent Offer For Barnes & Noble
"Manipulative" press release led to a jump in Barnes & Noble shares and "ill-gotten" profits for Michael A. Glickstein and G Asset Management.
Fraud Costing Retailers Bigger Chunk of Sales
A survey finds all merchant segments took a big hit on fraud losses in 2015 and many are spending more than $100,000 a year on mitigation.
Failed Bank’s COO Gets 8 Years for TARP Fraud
Regulator says Ebrahim Shabudin was so "fixated" on protecting United Commercial Bank's reputation that he hid millions of dollars in losses.
‘Boomerang’ Auditors Make Better Fraud Detectives, Experiment Shows
Auditors who spend time as CFOs and then return to public accounting are likely to do a better job of catching earnings cheaters.
Companies Purposely Hire Fraudsters: Study
Groundbreaking research suggests that when hiring accountants, companies weigh a proclivity toward "earnings management" more highly than any other trait.
Ex-Miller Energy CFO Accused of Accounting Fraud
The company overstated the value of oil and gas assets in Alaska by $400 million in regulatory filings.
SEC Charges CFO, CEO in Fraudulent Investor Scheme
The defendants induced unsuspecting investors to purchase their company's stock and promissory notes with wildly optimistic projections.
Risks Converge on Emerging Markets
Eighty-three percent of 150 multinationals responding to a survey have suffered significant losses in emerging markets.
If You Spot Fraud: Handle It In-House or Call the Cops?
Finance executives engage in a spirited discussion on the pros and cons of either course of action.
Nouveau Fraud: Hot Recipes for Cookin’ the Books
Recent cases underscore the need for tight internal controls.
IBM Uncovers Bank Transfer Scheme
The group behind the new fraud "has the type of expertise and backing to steal large sums of money" from corporate bank accounts, according to IBM.