FraudBytes
Thursday, December 1, 2011

Doping in Cycling and the Mafia

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The head of the World Anti Doping Association (WADA), David Howman, gave an interview in New York City that gives some insights into the dif...
4 comments:
Wednesday, November 23, 2011

Madoff and Watergate

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No, Bernie Madoff didn't play a role in the Watergate scandal (at least as far as we know) but it turns out that his Ponzi scheme may ha...
Saturday, November 19, 2011

Free Markets, Families and Regulating Fraud

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I’ve been reading several calls for prosecution of fraud on Wall Street lately. No, these aren’t coming from the Occupy Wall Street...
2 comments:
Friday, November 18, 2011

Update on Olympus: Potential Ties to Organized Crime

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Not only is Olympus  being accused of a massive financial statement fraud , the latest revelations suggest that the financial statement frau...
Tuesday, November 8, 2011

Olympus is Accused of Massive Financial Statement Fraud

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The camera and electronics company, Olympus, is being reported to have engaged in a massive financial statement fraud. Reports are pretty am...
Monday, November 7, 2011

A New Madoff Interview

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60 Minutes Overtime aired a video recently of an interview with Ruth and Andrew Madoff discussing such things as the decision and process of...
1 comment:
Thursday, October 20, 2011

A Potentially Costly Combination: Deloitte, Taylor Bean and the PCAOB

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If you follow news affecting auditors, you may have noticed that the PCAOB made a very rare disclosure yesterday about one of the big four f...
Wednesday, October 19, 2011

Widow of Mark Madoff Talks

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ABC News has an article about Mark Madoff's widow, Stephanie Madoff Mack, and her view of what Bernie did to her. Here are a few quotes...
Saturday, October 15, 2011

Fraud in Amateur Sports

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Photo taken from KTLA.com So, I was appalled to read about a marathon runner who caught a bus over the last six miles of the race and th...
3 comments:
Monday, October 10, 2011

Avoiding Consumer Fraud [Guest Post]

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“You’ve just won $10,000! Act now! This opportunity won’t last long!” Every day, millions of consumers run into ploys like this one, and so...
1 comment:
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...
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