Sentences with phrase «financial accounting fraud»

One of our partners represented the former public company IDB Communications in U.S. Department of Justice and Securities and Exchange Commission investigations for alleged financial accounting fraud and insider trading by senior officers.

Conducted an internal investigation into allegations of financial accounting fraud on behalf of the audit committee of a publicly traded health care corporation.

Represented financial institution in SEC financial accounting fraud investigation and related OCC and grand jury investigations.

Not exact matches

Gates was charged with 24 counts related to tax fraud, bank fraud, bank - fraud conspiracy, and failure to file reports of foreign bank and financial accounts.

In the U.S., romance frauds account for the highest financial losses of all internet - facilitated crimes, the FBI reports.

When people see banks browbeating the bond rating agencies and accounting firms to whitewash the quality of what they're pawning off on their customers, when they see bank lobbyists getting Washington to block state prosecutions of financial fraud so as to clear the way for more predatory lending and false packaging of the junk securities they're selling and to win the right not to reveal their true financial position, there's a good reason not to buy what's in these black boxes.

The former chief financial officer of Autonomy Corp was found guilty of orchestrating an accounting fraud to arrive at the $ US10.3 billion price Hewlett - Packard paid for the UK software maker more than six years ago.

Here's how to safeguard your other financial accounts from fraud.

To quote from the company's 2017 10 - K filing «We represent underperforming companies that are debtors - in - possession and lenders... we provide independent litigation consulting, including bankruptcy and avoidance litigation... [and] advise our clients in response to allegations involving the propriety of accounting and financial reporting, fraud, regulatory scrutiny and anti-corruption.»

On March 27, 2014, JPMC and the bankruptcy trustee for Peregrine Financial Group, Inc. agreed to a $ 15 million settlement of claims against JPMC alleging JPMC allowed fraud to occur at Peregrine, which was bankrupted after its founder looted hundreds of millions of dollars from customer accounts.

In another suit, Terry's father - in - law in 1997 accused him of «thievery» and «acts of conversion and fraud» when Terry allegedly took more than $ 365,000 from his financial accounts and diverted it to himself and others.

Consumers also should use a hand to cover a keypad when entering a PIN and be careful of criminals «shoulder surfing»; regularly monitor their accounts, financial statements, and credit reports to be alerted to skimmer fraud or any type of identity theft; and, provide financial institutions with up - to - date contact information, including a mobile telephone number.

A romance scam occurs when a stranger pretends romantic intentions, gains the affection of victims, and then uses that goodwill to gain access to their victims» money, bank accounts, credit cards, passports, email accounts, and / or national identification numbers or by getting the victims to commit financial fraud on their behalf.

In addition, cheque fraud accounted for only three per cent of total 2015 financial fraud losses in the UK last year.

The report presents a comprehensive survey of the abundant news accounts and prominent studies documenting the origins of the modern charter industry, its incredibly successful public relations and marketing effort, and the significant problems it leaves in its wake, including widespread financial fraud and abuse, dubious academic results, and a weakening of democratic control of local schools.

In the end, taking all the steps necessary while checking your credit and financial accounts regularly will help limit the chances of fraud against you.

Additionally, repeated fraud may cause your financial institution to decide you're an above - average fraud risk and close your account.

For example, you may want to place a fraud alert if your wallet, Social Security card, or other personal, financial or account information are lost or stolen.

Identical dividend yields may hide important differences in the quality of companies arising from financial distress, unsustainability of profits, and poor accounting practices, sometimes even extending to fraud.

Should you find an extremely large difference between the scores on your three credit reports, or should you find charges on your accounts or other potential fraud on any of the three reports, consult a reputable financial professional in order to get these problems fixed before entering a negotiation with bankers or a renegotiation for financing on your own behalf.

Your biggest defense against familiar fraud is to guard personal information and closely monitor financial accounts and credit reports.

This is because there is often more fraud protection and insurance when banking with a traditional financial institution, so if your money is stolen from your account, you can usually get it back.

Receiving alerts about key changes — these could include new lines of credit, new bank accounts and interstate moves — occurring on your credit report in real time can help you make smarter financial decisions and act swiftly in the event of fraud or identity theft.

As more people store their personal and financial account information online and on smartphones for banking and shopping, credit fraud is likely to increase.

- The transaction may be perfectly legal and legitimate, but might accidentally get picked up as potential fraud by a financial monitoring system, causing the funds to be held, and your account to be flagged for further investigation, creating headaches for you until it becomes resolved.

He continued: «Our Director also set out the criteria he would take into account when deciding which cases we should accept for investigation: the impact of the case on UK financial plc in general and the City of London in particular; the scale of losses, actual or potential; the extent of the gain, actual or potential; whether we were dealing with a new kind of fraud or whether there was some other public interest reason for taking the case on.

You may want to place a fraud alert on your file if your wallet, Social Security card, or other personal, financial, or account information are lost or stolen.

The essential guide for every business professional, Forensic Accounting and Fraud Investigation for Non-Experts, Third Edition is a must - have resource if you've been wondering how financial fraud occurs in an organization and what to do if you find or suspect it.

White - collar crime generally includes securities fraud, wire fraud, mail fraud, mortgage fraud, health care fraud, bankruptcy fraud, insider trading, computer and Internet fraud, financial and accounting fraud, money laundering, tax evasion, conspiracy, telemarketing fraud, commodities and futures fraud, business opportunity schemes, tax fraud, identity theft, credit card fraud, FEMA fraud, perjury, obstruction of justice, criminal contempt, bribery, public corruption, and economic espionage and theft of trade secrets.

«Fund Transfer fraud means the fraudulent... electronic... instructions issued to a financial institution directing such institution to transfer, pay or deliver money or securities from any account maintained by an insured at such institution without an insured's knowledge or consent.»

She has over 14 years of forensic accounting experience conducting fraud investigations, FCPA compliance assessments, forensic due diligence, third party compliance audits and anti-money laundering services serving multinationals, law firms and financial institutions in Hong Kong, Mainland China and the APAC region, including 6 years in Shanghai.

Cases involving claims against accounting firms arising from alleged failure to detect fraud in audits and negligent preparation of financial statements

Identity theft is basically a new classification of white - collar financial fraud crimes that normally involve accessing another person's bank account, or using other financial information, without permission.

She has advised global financial institutions and multinational corporations across Asia in a variety of capacities including anti-money laundering compliance reviews and investigations, fraud and corruption investigations, fraud risk assessment, forensic accounting and litigation support.

Colum applies three decades of financial, commercial, and forensic accounting experience in assisting clients to better protect against, respond to, and recover from challenging situations that have regulatory, reputational, or financial implications such as fraud, corruption, data breach, money laundering and sanctions, and complex commercial disputes.

A former chief trial attorney for the Division of Enforcement of the SEC, Neil has litigated dozens of cases involving allegations of financial fraud, fair value improprieties, market manipulation, insider trading, accounting irregularities and proxy violations.

The insurance policy covered losses resulting from «funds transfer fraud», which the policy defined as «fraudulent... instructions issued to a financial institution directing such institution to transfer, pay or deliver money or securities from any account maintained by an insured at such institution without an insured's knowledge or consent».

As member of the Securities and Commodities Fraud Unit, he prosecuted numerous cases in financial markets, including nation's largest undercover operation in foreign currency markets, as well as market manipulation and accounting fraud.

Represented the former chief financial officer of Fannie Mae in litigation against allegations of securities law violations and accounting fraud.

His expertise also lies in preventing and investigating embezzlements and financial statement frauds, evaluating financial disclosures in matrimonial and probate concerns, as well as other types of forensic accounting matters.

Stephen Pedneault can be an excellent resource for stories involving forensic accounting, fraud and financial crimes.

Our expertise includes cases dealing with investment fraud, Insider trading, Money Laundering, Pension fraud, Mortgage fraud, Bribery, commodities and currency frauds, Tax and VAT fraud, Duty fraud, False accounting, Fraudulent trading, Advance fee fraud, Corruption, Insolvency, Cartels, Missing Trader Intra-Community («MTIC») and carousel fraud, Boiler room fraud, Credit card fraud, Financial Regulatory Offences, Confiscation Orders, forfeiture and seizure of assets under the Proceeds of Crime Act or Drug Trafficking Act, police raids, Corporate Manslaughter, Disciplinary Tribunals, confiscation and forfeiture and Financial Regulatory Offences.

Investigations have concerned allegations of: securities, accounting, tax and other frauds; insider trading; corrupt payments; financial reporting and disclosure improprieties; noncompliance with professional and regulatory standards; environmental crimes; pretexting; anti-money laundering violations; and discriminatory conduct.

In addition, while at the Fraud Section, Mr. Safwat served on several complex securities fraud investigations of individuals and entities in the financial services industry, including matters involving alleged accounting fraud relating to complex derivative instruments and special purpose entities.

In litigating these cases, the firm brings to bear its experience in substantive subject matter areas that are frequently the subject of bankruptcy litigation, such as securities law, legal and accounting malpractice, and alleged financial services fraud.

From recent regulatory enforcement priorities such as insider trading, high - frequency trading, financial crisis investigations, the Foreign Corrupt Practices Act (FCPA), Bank Secrecy Act / AML violations, accounting fraud, and hedge fund collapses to some of the most significant matters over the last decade, such as auction rate securities, market timing, RMBS, LIBOR, FX, late trading, IPO allocation, and Wall Street research, our securities enforcement and white collar defense lawyers have been at the center of every major initiative affecting the financial services sector.

Misleading publicity and financial misconduct such as failure to account, are other examples of fraud.

It recently launched a Financial Reporting and Audit Task Force and repurposed enforcement staff to crack down on accounting fraud.

After years of neglecting financial and accounting fraud — at least according to some critics — the Securities and Exchange Commission is revitalizing its enforcement efforts in the area.

Last week, Twitter made an announcement that it was joining Facebook in its fight to zero out fraud as well as deceptive trade practices by banning accounts that were trying to steal users» financial information and digital assets.