Monthly Archives: January 2012

Divorce Fraud – Hidden Income – Find It!

It's always stunning to me how many families represent almost no taxable income but live in splendor in vast palatial estates in fancy neighborhoods. They often have a matched pair of incredibly expensive German cars in the driveway. Their kids go to private schools and the family passports are stamped from a variety of exotic [...]

By |2018-07-09T13:49:18-07:00January 18th, 2012|divorce, family law, financial fraud, forensic accountant, Forensic Accounting, lifestyle analysis|Comments Off on Divorce Fraud – Hidden Income – Find It!

Another Catholic Priest Gambling with Parish Funds

At least this time is was in Las Vegas. Over 10 years apparently he pocketed $650k. Again ... no one ran into this guy in the casino? I'm just saying ... Some parishioners believed that he had a Robin Hood-type reason to steal. Remember, they're called con men because THEY GAIN YOUR CONFIDENCE AND THEY [...]

By |2012-01-17T00:32:00-08:00January 17th, 2012|Elizabeth Ann Seton, financial fraud, forensic accountant, Forensic Accounting, fraud, Gambling, James C. Mahan, non-profit, non-profit fraud, nonprofit, religious organizations|Comments Off on Another Catholic Priest Gambling with Parish Funds

City of Compton Fraud … You’re Kidding!

Now the Mayor of Compton alleges fraud. Who knew? It stopped the City from getting a line of credit to handle the $41mm deficit. Good luck getting an opinion from the auditors. Apparently the last audit had a "going concern clause". Here's hoping the auditor gives an opinion (rather than disclaiming). Oh ... what a [...]

By |2012-01-16T23:52:00-08:00January 16th, 2012|auditors, city of Compton, crappy accounting, Embezzlement, fraud, non-profit fraud, nonprofit, whistle blower|Comments Off on City of Compton Fraud … You’re Kidding!