Barry Minkow was right about Microsemi CEO (big surprise)
Another successful fraud investigation has been logged by ex-con Barry Minkow. In addition to the more than $1.8 billion in fraud Minkow is responsible for uncovering, he also proactively discovered faked credentials by several public company executives.
One that caused a big stir was that of Microsemi (NASDAQ:MSCC) CEO James Peterson. This one was interesting because [...]
Lennar Corporation (NYSE:LEN) confirms fraud allegations; debunks own lies
In an interesting twist in the case of the Barry Minkow (Fraud Discovery Institute) fraud investigation of Lennar Corporation (NYSE:LEN)… it appears that Lennar itself has debunked the company’s own lies.
In a new report released today, FDI lays out the original fraud allegations, the lies Lennar used to cover up, and the new admissions which [...]
Milwaukee event for entrepreneurs interested in social media
You don’t have to be a social media guru to attend this event. You can start learning about how social media can benefit you and your company, and participate in a great networking event too…
When: February 6th, 2009
Where: The Luxurious Iron Horse Hotel – 500 S. Florida Streets
Cost: Free
Time: 5:30PM – 9PM
Guest speakers and LIVE [...]
Scamming Wisconsin’s welfare system
Oops. We’re not really allowed to call it “welfare” anymore. That might hurt someone’s feelings. Back in the 90’s Wisconsin changed the name from “welfare” to “W2″ (which stands for Wisconsin Works – ha ha ha….)
Wisconsin has long been known as a great place to collect welfare. We’ve had Illinois residents crossing the border for [...]
Brilliant revelation by PCAOB: CFOs are in charge of the numbers
It’s no secret that I feel that audits are almost completely ineffective when it comes to verifying the validity of financial statements. Sure, an audit checks the math and some of the obvious applications of the accounting rules. But audits don’t guard against fraud and usually don’t find fraud.
Those who want audits to do that [...]
More proof of Lennar lies
Could things get much worse for Lennar (NYSE:LEN)? Of course they could. Especially as long as the company continues to lie in order to cover up for the red flags of fraud that Barry Minkow and Fraud Discovery Institute released in a report two weeks ago.
Here’s the latest… Minkow originally raised questions about a $5 [...]
The frauds investigated and exposed by Barry Minkow and Fraud Discovery Institute
I’ve had enough of critics calling Barry Minkow a “self-professed” fraud investigator. These critics act as if there is no evidence that Minkow has successfully investigated fraud… thus he is a “self-professed” fraud uncoverer.
I know from firsthand experience that Barry has successfully investigated many frauds. (Full disclosure: I have been paid by FDI for work [...]
