Search results
Results from the WOW.Com Content Network
BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission on Friday with widespread fraud impacting more than 1,500 filings.
Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and agreed to pay a $24 million fine to settle an accounting fraud investigation, the U.S ...
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission Accounting firm used by Trump Media hit with ‘massive fraud’ charge Skip to main ...
Peregrine Systems [8] [10] corporate executives convicted of accounting fraud; Phar-Mor [8] company lied to shareholders. CEO was eventually sentenced to prison for fraud and the company eventually became bankrupt; Qwest Communications [10] RadioShack CEO David Edmondson lied about attaining a B.A. degree from Pacific Coast Baptist College in ...
A month earlier, the company's internal auditors discovered over $3.8 billion in illicit accounting entries intended to mask WorldCom's dwindling earnings, which was by itself more than the accounting fraud uncovered at Enron less than a year earlier. [109] Ultimately, WorldCom admitted to inflating its assets by $11 billion. [110]
Former CEO Sanjay Kumar, who served time and paid penalties [8]; Former sales executive Stephen Richards [6]; Former CA general counsel Steven Woghin, sentenced to two years. [12]
The SEC charged BF Borgers, the accounting firm for former President Donald Trump’s social media company, with “massive fraud.”
Known as the “Big Four,” today these massive, multinational firms audit almost all Fortune 500 companies. PCAOB data shows that the Big Four firms conducted 100% of S&P 500 audits as of 2018 .