The shutdown of New Jersey’s government by Governor Jon Corzine means that Atlantic City’s casinos must close. The state has no budget, as an agreement cannot be reached on the governor’s proposed 1% sales tax increase. The courts have ruled […]

[tag]Merge[/tag] Technologies announces the [tag]resignation[/tag] of director and interim CEO William C. Mortimore, Chief Financial Officer Scott T. Veech, and senior vice president of strategic business development David M. Noshay. Following the resignations, the companys stock price fell dramatically. The […]

Last week I spent three days in the Atlanta area providing training for the Georgia CPA Society. One of the topics I presented was an in-depth session on internal investigations, called Books, Crooks & Rooks: Internal Corporate Fraud Investigations. Here […]

Richard Scrushy, founder and former CEO of HealthSouth Corp., has been convicted of paying $500,000 in [tag]bribes[/tag] to receive a spot on a state board that approves hospital construction projects. The guilty verdicts on six charges included [tag]bribery[/tag], [tag]conspiracy[/tag], and […]

The justice department has been investigating Tenet Healthcare since late 2002, after questions were raised about the company’s Medicare revenue. The case started when questions came up about Medicare payments for outliers, a hospital’s sickest patients. Outlier payments are bonuses […]

The city of Milwaukee hired the Los Angeles-based Police Assessment Resource Center to analyze police oversight in the city. The group determined that the Milwaukee Fire and Police Commission spends too much time on personnel issues, and almost no time […]

A Fargo, North Dakota judged sentenced convicted murderer Dennis Gaede to life in prison without parole yesterday. Gaede was found guilty of killing Timothy Wicks, a Milwaukee-area drummer and house painter. After stealing his identity and moving to North Dakota, […]

[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 […]

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 […]

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, […]