Let the Finger Pointing Begin!

State of California State Auditor John Chiang says Mayer Hoffman McCann did a bum job. Mayer Hoffman McCann says they were deceived. IMO (in my opinion) it is ridiculous that an auditee (say the City of Bell) get's to pick their own auditor. The job of the auditor in this situation is to please the [...]

By |2010-12-27T19:05:00-08:00December 27th, 2010|Forensic Accounting, fraud, financial fraud, non-profit, non-profit fraud, City of Bell, auditors|Comments Off on Let the Finger Pointing Begin!

Thieves Arrested (Hooray!)

Our "Den of Thieves" have been uncovered, announced and arrested. Who knows whether it will stick ... but ... it's a start. (These are certain officials at the City of Bell, CA) This NPR interview asks the prime question ... How did a 2 1/2 mile square city, of 40,000 impoverished citizens wind up with [...]

By |2010-10-14T14:44:00-07:00October 14th, 2010|Forensic Accounting, fraud, financial fraud, non-profit fraud, get rich schemes|Comments Off on Thieves Arrested (Hooray!)

Den of Thieves

In case you didn't hear. The management team of the City of Bell California gave themselves absurd salaries. The City Manager about $800k The assistant manager and police chief about $500k each. The city only has about 40,000 residents and a significant percentage are below the poverty level. The city receives a significant amount of [...]

By |2020-11-16T09:30:23-08:00July 23rd, 2010|fraud, financial fraud, non-profit, non-profit fraud, City of Bell, get rich schemes, nonprofit|Comments Off on Den of Thieves

Find the salami … Sniff Sniff !

CFO magazine cites a 2009 study by Benjamin Luippold, an assistant professor at George State University on how to con the auditors.Distract and divert the auditors attention from the place you want them to look. You will succeed with your con.Now it's been "scientifically" tested. All you auditors and forensic accountants out there ... Use [...]

By |2010-04-21T21:58:00-07:00April 21st, 2010|fraud hotline, internal control systems, whistle blower, Forensic Accounting, audit, due diligence, fraud, antar, financial fraud|Comments Off on Find the salami … Sniff Sniff !
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