Accounting fraud

ComScore Inc., the Internet and entertainment research firm, replaced its chief executive officer and chief financial officer as the board’s accounting probe dragged on into its sixth month.

The Securities and Exchange Commission has suspended EFP Rotenberg LLP and an accountant at the firm for failing to detect fraud in the audit of a public company client, ContinuityX Solutions.

Omar Amanat is not shy about his accomplishments. On his website, along with a smiling photograph wrapped in his trademark scarf, he details his exploits and accolades, touting being named one of the world’s most influential Muslims and “the most powerful person in Hollywood you’ve never heard of.”

Sean McKessy, chief of the Securities and Exchange Commission’s whistleblower office, plans to set down this month.

Some of our favorite examples of tax and accounting professionals breaking bad

A former controller who embezzled $8.7 million from the Pepsi bottling company where he worked and then spent six years as a fugitive on the Appalachian Trail has been sentenced to eight years in prison.

Roomy Khan, a technology executive and financial analyst who helped convict Galleon Group founder Raj Rajaratnam on fraud charges, told a group of fraud examiners last week about how she became enmeshed in the insider trading scheme.

Judge Jed Rakoff told attendees at the Association of Certified Fraud Examiners' Annual Global Fraud Conference in Las Vegas that prosecutors are falling short on prosecuting fraud.

The Securities and Exchange Commission has barred a former corporate vice president and a former controller for false accounting at an electronics company.

Oracle Corp. and its top executives were sued by an investor who blames his stock losses on allegations by a former finance executive that the cloud computing giant doctored its quarterly results.

New York’s highest court again rejected a bid by former American International Group Inc. Chairman Maurice “Hank” Greenberg to dismiss the state’s decade-old fraud suit against him, clearing a path for a trial.

CBL & Associates Properties Inc. fell as much as 12 percent after a published report said the U.S. retail landlord is being investigated for accounting fraud.

Criminals are using technology to perpetrate nearly a third of their frauds, according to a new survey by KPMG, while organizations are lagging behind on the use of technology such as data analytics to detect those frauds.

Realize when your firm needs help in international waters, because when it comes to fraud, the times — they are a-changin’

When digital forensic experts think of social media, they see a prime place to search during their fraud investigations.

Two years ago, the Supreme Court held in Lawson v. FMR that employees of contractors of public companies, including employees of accounting and audit firms, are protected under the whistleblower protection provision of the Sarbanes-Oxley Act.

The Securities and Exchange Commission announced penalties in two financial fraud cases Tuesday against companies and their former executives accused of various accounting failures that left investors without accurate depictions of company finances.

Accountants can play an important role in deterring human trafficking and smuggling.

Thirty percent of companies reported experiencing some form of fraud in their supply chain, according to a new poll.

The typical organization loses 5 percent of its revenue to fraud each year, according to a new report from the Association of Certified Fraud Examiners.