Add to ORKGWith an estimated $65 billion lost from trust funds, retirement plans, pensions, investment funds, inheritance monies, and nonprofit organizations, many people have been adversely affected by the Ponzi scheme perpetrated by Bernard L. Madoff. When you combine a lot of lost money with a lot of angry people, the result is a lot of lawsuits. The breadth of those lawsuits will encompass all associated with the affected organizations--including CPAs. Those messages were loud and clear at the May 27, 2009, breakfast symposium Are CPAs the Next Madoff Victims? The Accountant\u27s Liability, sponsored by The CPA Journal
The revolution in liability law started with personal-injury claims, and many observers have imagine...
With bankruptcy filings on the rise, it is not surprising that bankruptcy fraud is also increasing. ...
The recent economic recession has forced companies to tighten the reins on expenses and fraud is one...
By educating more people on the red flags of Ponzi schemes, it will better their chances of not fall...
In the 1920’s, Charles Ponzi engaged in a notorious money making scheme. This scheme had been tried ...
The Certified Public Accountant has always been subject to scrutiny by the legal system to ensure th...
This paper describes the implementation of a ‘‘Ponzi scheme case study’’ in auditing classes at the ...
Accountants have recently been subject to very unpleasant publicity following the collapse of Enron ...
Eighty-seven percent of managers recently surveyed were willing to commit financial statement fraud....
The recent problems with the financial status of Enron bring to mind when an accountant is liable fo...
(Excerpt) Today, most people are aware of, or have at least heard of, the notorious Bernard Madoff P...
On June 29,2009, Bernard L. Madoff was sentenced to 150 years in a federal penitentiary for his role...
In December 2008, as the nancial and economic crisis continued on its devastating course, a new scan...
In 2008, the largest Ponzi scheme was discovered—Bemie Madoff cheated investors out of over $50 bill...
Ponzi schemes and other investment frauds inevitably end up in bankruptcy or receivership, leaving b...
The revolution in liability law started with personal-injury claims, and many observers have imagine...
With bankruptcy filings on the rise, it is not surprising that bankruptcy fraud is also increasing. ...
The recent economic recession has forced companies to tighten the reins on expenses and fraud is one...
By educating more people on the red flags of Ponzi schemes, it will better their chances of not fall...
In the 1920’s, Charles Ponzi engaged in a notorious money making scheme. This scheme had been tried ...
The Certified Public Accountant has always been subject to scrutiny by the legal system to ensure th...
This paper describes the implementation of a ‘‘Ponzi scheme case study’’ in auditing classes at the ...
Accountants have recently been subject to very unpleasant publicity following the collapse of Enron ...
Eighty-seven percent of managers recently surveyed were willing to commit financial statement fraud....
The recent problems with the financial status of Enron bring to mind when an accountant is liable fo...
(Excerpt) Today, most people are aware of, or have at least heard of, the notorious Bernard Madoff P...
On June 29,2009, Bernard L. Madoff was sentenced to 150 years in a federal penitentiary for his role...
In December 2008, as the nancial and economic crisis continued on its devastating course, a new scan...
In 2008, the largest Ponzi scheme was discovered—Bemie Madoff cheated investors out of over $50 bill...
Ponzi schemes and other investment frauds inevitably end up in bankruptcy or receivership, leaving b...
The revolution in liability law started with personal-injury claims, and many observers have imagine...
With bankruptcy filings on the rise, it is not surprising that bankruptcy fraud is also increasing. ...
The recent economic recession has forced companies to tighten the reins on expenses and fraud is one...