FraudBytes
Wednesday, September 28, 2011

Madoff and the SEC: Serious Conflicts Existed

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The NY Times recently discussed the results of a report on the SEC showing that a lawyer with heavy involvement in the Madoff case had seri...
Monday, September 26, 2011

Lance Armstrong Investigation: Money Trails and Ferraris

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I apologize for being so slow to comment on this news but last week I was taken out of commission by a long-boarder who ran into me while ri...
1 comment:

Deloitte and Taylor Bean: Real Money is on the Line

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Another of the Big 4 is being sued regarding their audit of a firm that was allegedly committing serious fraud during the mortgage meltdown,...

The Cost of Loss [Guest Post]

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Fraud affects everyone. According to a recent survey, US businesses lose an estimated $400 billion due to fraud each year. The Association...

Rouge Traders and Double Standards

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You may have seen the recent news of a rouge trader at UBS whose trading activity led to a $2 billion loss for the company.  In a recent bl...
Wednesday, September 14, 2011

Ernst & Young and Lehman Case is Still Cooking

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Fox News published a short article about litigation involving Lehman and its executives and mentioned that the lawsuit against EY is still ...
Monday, September 5, 2011

Madoff Claims He's Teaching at Harvard

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It sounds like Bernie Madoff is telling stories again. According to this  short article on Fox , Bernie said:
Tuesday, August 2, 2011

The Latest on Bernie Madoff's Victims

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An excellent NYT editorial discusses the latest in the Bernie Madoff saga.  For those of you who may not be following the story very close...
Thursday, July 28, 2011

An Update on Lehman and EY

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According to an article in the Wall Street Journal : A lawsuit contending that Lehman Brothers Holdings Inc.'s former officials, underw...
3 comments:
Wednesday, July 20, 2011

More on the Cheating Scandals in Public Schools

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Imagine if the response to Enron and WorldCom was to say that business leaders are set up to commit fraud because the market is too interest...
Tuesday, July 12, 2011

International Auditing

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Finding fraud in any company can be very hard.  The most egregious financial statement frauds are often the result of a coordinated effort b...
Friday, July 8, 2011

A Fraudster Cyclist with a Defective Moral Compass

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If you know Michael Rasmussen's story, you know that he was leading the Tour de France in 2007 when he got kicked out of the race and fi...
2 comments:
Thursday, July 7, 2011

More Teaching Scandals in the News

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Last October, I wrote about a teaching scandal in Georgia schools where teachers were apparently erasing and correcting students answers on...
2 comments:
Tuesday, June 28, 2011

Lehman Update

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A few days ago my dad and I were wondering when we were going to hear additional news about the status of the Lehman Bros Repo 105 case .  I...
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