Featured Posts ...
Lennar Corp: Being right feels so good
On January 7, 2009, Barry Minkow and the Fraud Discovery Institute issued an initial report on Lennar Corporation (NYSE:LEN), citing 10 Red Flags of Fraud. Lennar immediately came forward and called FDI and its investigators liars, saying in one press release: Today convicted felon Barry Minkow, acting as an agent...
[Continue reading: Lennar Corp: Being right feels so good]
Marquette University Alumni National Awards
I am being presented with one of the Marquette University Alumni National Awards in April. I am honored! College of Business Administration and Graduate School of Management Entrepreneurial Award Tracy L. Coenen, Arts ‘93, Grad ‘96 Tracy Coenen may not know where the bodies are buried, but she knows how...
[Continue reading: Marquette University Alumni National Awards]
The heart of the Milwaukee Public Schools problem: Employee costs
Every year we hear how Milwaukee Public Schools (MPS) has a budget problem. We’re told they simply don’t have enough money to operate the school system. That is an outright lie. Every year they increase spending. Here is a breakdown of the budget and enrollment by year: The 07-08 budget was $1.19 billion....
[Continue reading: The heart of the Milwaukee Public Schools problem: Employee costs]Read More Posts From Scam Busting »
Pyramid Schemes & MLM
A few weeks ago, Medifast Inc. (NYSE:MED) sued Barry Minkow, his Fraud Discovery...
Even an MLM scammer says MLMs are scams…
Who do you trust? That’s an issue that often arises in my work with reformed...
Dear Colleagues, Consumers and Pyramid Scheme Alert Supporters, A new essay recently...
Usana Health Sciences knows it products are being sold illegally in China
Almost thre years ago, Barry Minkow and Fraud Discovery Institute released a report...
Read more posts from Pyramid Schemes & MLM.
Fraud News
Marquette University Alumni National Awards
I am being presented with one of the Marquette University Alumni National Awards...
Barry Minkow busts another fraudster
As if uncovering more than $1.8 billion in frauds hasn’t been enough, Barry...
One type of case I really enjoy working is suspected arson. On either a personal...
Why does the U.S. Postal Service exist?
Back in the day, a government-run delivery service was a good idea. It put some quality...
Read more posts from Fraud News.
Auditing & Regulations
More fallout from Koss fraud, but Michael Koss stays on Strattec board
The latest news related to the $31 million fraud committed by Koss Corp.’s...
Koss Corporation (NASDAQ:KOSS) filed a 10-Q with the Securities and Exchange Commission...
Compliance Week article: Koss Fraud Spotlights Small Filers’ Internal Control Issues
An article in today’s Compliance Week, Koss Fraud Spotlights Small Filers’...
Sachdeva and Koss Corp.: The indictment, the clothes, and the auditors
The case of the alleged theft of at least $31 million by Sue Sachdeva from Koss Corp....
Read more posts from Auditing & Regulations.
Work & Writing
A review of Expert Fraud Investigation: A Step-by-Step Guide
My second book, Expert Fraud Investigation: A Step-by-Step Guide, was recently reviewed...
Calling all accounting and finance bloggers (and those who want to be bloggers!)
You feel obligated to blog. You think it would be a good way to “get your name...
CNBC Ask the Experts: Bankruptcy or debt settlement?
Run on over to CNBC’s site for the personal finance show On the Money…...
Amazon is promoting my new book
How cool is this? Amazon sends out email newsletters to its customers based on their...
Read more posts from Work & Writing.
About the Author
Tracy Coenen is a forensic accountant and fraud examiner in Chicago and Milwaukee who investigates white collar crimes, including cases of financial statement fraud, embezzlement, tax fraud, and insurance fraud. She is the author of Expert Fraud Investigation and Essentials of Corporate Fraud and more than 100 articles on fraud featured in industry publications.-
