A deferred criminal charge against KPMG related to the sales of tax shelters has been dismissed by a federal judge. In August 2005, a deferred prosecution agreement was agreed to by the parties in the case against KPMG, which accused […]
Richard Causey, the former [tag]chief accounting officer[/tag] at [tag]Enron[/tag] reported to [tag]prison[/tag] yesterday to begin serving his 5 1/2 year sentence. The 47-year-old ex-executive reported to Bastsrop Federal Correctional Institution, a low- to medium-security prison outside of Austin, Texas. Causey […]
Yesterday the Milwaukee Election Commission spent all day in a hearing about the recall against alderman Michale McGee (Jackson). McGee (Jackson) claimed that were was “widespread fraud” by the recall organizers. He said he got over 100 calls about people […]
What began as a loosely organized group of women casually discussing their dislike of the “business opportunity” offered by multi-level marketing companies like Mary Kay Cosmetics, has been slowly developing into an organized, credible attack on the tactics that abuse […]
The prosecutor in the Duke lacrosse sexual assault case may be forced off the case because of a conflict of interest related to ethics charges filed against him. The ethics charges were filed against District Attorney Mike Nifong on Thursday […]
Recently, there have been reports that indicate 15% to 19% of gift cards purchased from retailers are never redeemed. Huh? Up to 1/5 of people don’t spend that gift cards they’re given??? What a travesty! But there is hope. Websites […]
The confession by Apple Computer executives has gotten more serious. Previously, it was believed that stock options were backdated a’la several public companies. It’s now been revealed that executives also falsified documents related to stock options in order to personally […]
A recent article on Forbes.com put the whistleblower issue in perspective financially. In the last year, the Justice Department says that whistleblowers revealed $1.3 billion of fraud, mostly in the health care arena. This was apparently one of the bigger […]
According to a report by the Associated Press, President Bill “Clinton’s national security advisor removed classified documents from the National Archives, hid them under a construction trailer and later tried to find the trash collector to retrieve them.” Former national […]
In order to support a rail service that won’t have even close to enough ridership to pay for itself, officials are proposing more sales taxes. The proposed KRM Commuter Link, a train connecting Kenosha, Racine, and Milwaukee, has been discussed […]
