The Business Journal of Milwaukee TRACY COENEN, 2002 Women of Influence Awards Tracy Coenen continues to expand the reach of Sequence Inc. through consulting, writing, and speaking. In addition to running a successful forensic accounting practice, she regularly authors fraud-fighting […]
[tag]Fraud[/tag] is expensive when you look at the dollars lost under the various schemes perpetrated by employees. An estimated 5% of revenues is lost to [tag]occupational fraud[/tag] each year, which amounts to $652 billion in the U.S. alone. These statistics […]
Payments from Milberg Weiss Bershad & Schulman to expert witness John Torkelsen are being examined by federal prosecutors. They are trying to determine whether Milberg Weiss improperly used money recovered in lawsuits to pay Torkelsen for work performed in earlier […]
Verizon Communications Inc. has filed a [tag]patent infringement[/tag] [tag]lawsuit[/tag] against Vonage Holdings Corp. The suit is based upon information in technical documents and diagrams, which was filed with the SEC in their pursuit to go public. In the suit, Verizon […]
An internal examination of the [tag]stock option[/tag] grant practices and procedures at Home Depot has uncovered about $10 million in unrecorded [tag]stock option expense[/tag]. However, the company says the amount is not material, so no prior year financial statements will […]
Michael Gral, a former partner in the law firm Michael Best & Friedrich has been sentenced in the Bielinski Brothers fraud and conspiracy case. Gral pleaded guilty to mail fraud for his role in the fraud perpetrated by Bob Brownell, […]
John Forney, an Enron energy trader, came up with an idea to skirt the trading rules in California. Enron and Portland General were considered related, so California did not allow them to deal with each other on energy trading transactions. […]
From CFO Magazine: In April, the chairman of the House [tag]Small Business[/tag] Committee accuse the [tag]IRS[/tag] of unfairly going after small businesses with [tag]audits[/tag] and complex rules. In 2005, the number of IRS audits of small companies increased in all […]
Georgia Thompson was found guilty of 2 federal felonies of misapplication of funds and participation in a scheme to defraud the state of the right to honest services. Thompson was a purchasing division supervisor who was part of a team […]
It seems that our dear friends at [tag]Microsoft[/tag] continue to spy on us. It is all in our best interest, of course, so that the company can give us what they think we need. (Tongue firmly implanted in cheek.) I’m […]
