• This Is Why I Do White Collar Criminal Defense Work

    I read a very interesting article yesterday on NYTimes.com, by John Kinnucan of Broadband Research. The FBI “invited” him to wear a wire and essentially entrap clients. He said no, and he told his clients about the FBI’s request. Of […]

  • Books and Records Control Person and FCPA Enforcement

    I’ve recently been looking more closely at the Foreign Corrupt Practices Act (FCPA) as I consider the types of services companies will need from independent forensic accountants. This is an area in which government enforcement is skyrocketing, and so there […]

  • FTC Staff Take Further Measures to Protect MLMs, Making Consumers Easy Prey for False “Business Opportunity” Solicitations

    From Pyramid Scheme Alert newsletter, by Robert FitzPatrick The largest of all multi-level marketing companies, Amway, just agreed to pay $150 million in restitution and reform to settle consumer charges of fraud. The heart of the consumers’ complaints is that […]

  • Milwaukee Public Schools: Is Merit Pay the Answer?

    Yesterday’s Milwaukee Journal Sentinel had an article on the concept of merit pay for teachers. The idea has been floated many times, but not tried very often. Teachers are against it for the most part. Wouldn’t you be? Why give […]

  • Genuine Remorse From Sachdeva? Laughable.

    Yesterday, Sue Sachdeva was sentenced to 11 years in prison for her $34 million theft from her employer, Koss Corp.  I predicted a little slap on the wrist of 5 to 7 years, so she got two little slaps instead. […]

  • Learn From the Costly FCPA Mistakes of Others

    A recent Compliance Week article, An Expensive Lesson on FCPA Compliance [subscription required], provides some valuable insights on the direction that our government is taking with enforcement. Foreign Corrupt Practices Act violations are a huge focus of the feds right […]

  • Koss Fraud Coverup Deemed “Complex” By the Government

    Yesterday the government’s sentencing memorandum in the criminal case against Sujata Sachdeva (the woman who stole more than $34 million from her employer, Koss Corp.) was released.  It had a number of items of interest. Prior to sentencing, the prosecution […]

  • Blog Star

    The internet offers infinite space in which to carve out a piece of blogger stardom. INSIGHT – The Magazine of the Illinois CPA Society – November/December 2010 By Christine Bockelman When CPA and financial fraud expert Tracy Coenen started her […]

  • Former Koss Executive Pulls Off “Complex” Fraud

    Nearly a year after she was arrested, Sue Sachdeva will be sentenced for stealing $34 million from the Koss Corporation.Sachdeva, a former executive at Koss, will be sentenced in federal court Thursday.

  • The Case for Independent Internal Investigations

    The United States Sentencing Guidelines (USSG) continue to make life tough for those in charge of corporate compliance and ethics. Corporate attorneys, both in-house and outside counsel, must ensure that companies are following protocols set for by the USSG. Rightfully, […]