Enron’s Jeffrey Skilling Released to Halfway House
Jeffrey Skilling, the former Enron CEO whose role in the company’s accounting scandals sent him to prison for 12 years, was released Thursday to a halfway house at an undisclosed location.
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Manafort Accountant Admits Filing False Tax Returns
Accountant Cindy Laporta, the first witness granted immunity from prosecution to testify at the trial of former Trump campaign chairman Paul Manafort, admitted Friday that she filed tax returns she knew contained false information supplied to her by Manafort and his former business associate, Rick Gates.
Read moreAccountant: Manafort Hid Offshore Financial Moves From Me
Philip Ayliff, a tax preparer for Paul Manafort, testified Friday that he and his firm received multiple emails from the former Trump campaign chairman and his business associate, Rick Gates, assuring them they had no foreign bank accounts.
Read moreNinth Circuit Reverses
The Ninth Circuit on Tuesday reversed and remanded dismissal of a class action accusing Toshiba of fraudulent accounting in sales of American Depository Shares.
Read moreNY Lays Blame for Bogus Cancer Charity on Accountants
An accounting firm vowed to fight back Tuesday after New York authorities alleged that its work helped shore up a bogus breast cancer charity that raked in more than $18 million in donations over the years.
Read moreMinnesota High Court Allows Counties to Choose Auditors
The Minnesota Supreme Court upheld a law Wednesday that gives counties the choice to hire private accounting firms for their financial audits instead of using the state auditor’s office.
Read moreHollywood Accounting
Top Kick Productions claims CBS and Sony Pictures Television owe it $30 million for using Hollywood accounting to cheat it of its share of profits from “Walker, Texas Ranger,” in Los Angeles Superior Court.
Read moreAMC Network Accused of Hollywood Accounting in ‘The Walking Dead’
“The Walking Dead” creator Frank Darabont and Creative Artists Agency sued the AMC network for $10 million in licensing fees Thursday, claiming an audit showed AMC hid millions of dollars of revenue through “shady accounting practices.”
Read moreExxon Mobil Audit Files Ruled Fair Game in Fraud Probe
A New York appeals court advanced a financial probe Wednesday in the state attorney general’s hunt for evidence of fraud in Exxon Mobil’s climate-change denials.
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Dallas Cowboys Star Blames Ameriprise for Manager’s $15 Million Embezzlement
Dallas Cowboys running back Darren McFadden has sued Ameriprise Financial Services, claiming it knew that its former employee had mismanaged his accounts, allowing him to steal $15 million over the years and cover it up with fake records.
Read morePatricia Cornwell Reaches Deal With Ex-Accountants
Best-selling author Patricia Cornwell on Tuesday reached an undisclosed settlement nearly five years after accusing her former accounting company of financial mismanagement.
Read moreCalif. Accounting Software Overhaul Blasted
The California State Auditor on Thursday slammed the state over a software project intended to streamline the state’s outdated accounting and procurement methods, citing implementation delays and a $237 million cost overrun.
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