Thursday, October 20, 2011
A Potentially Costly Combination: Deloitte, Taylor Bean and the PCAOB
Normally, the PCAOB tells the big audit firms what they did wrong and gives them a year to fix it with the threat that they will disclose their failures after a year if the firm doesn't fix it. Well, they decided Deloitte was still dropping this ball so they disclosed it publicly. Importantly, the timing of this ball dropping may have been very detrimental to Deloitte. Here is why...
Wednesday, October 19, 2011
Widow of Mark Madoff Talks
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 I found interesting:
Saturday, October 15, 2011
Fraud in Amateur Sports
|Photo taken from KTLA.com|
Posted by MZ at 8:48 AM 3 comments:
Monday, October 10, 2011
Avoiding Consumer Fraud [Guest Post]
“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 some of these people fall victim to the scam. Americans lose hundreds of billions of dollars to consumer fraud every year.
Victims of mass market fraud could potentially lose their life savings and/or have the need to file for bankruptcy. Con artists can find these innocent people through the internet, by telephone, email, and even post mail. People easily get tricked into trusting these scams and give out money or their very valuable personal information.
What is Consumer Fraud?
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