Watchdog news December 2012

Tax

Crime Watch: December 19, 2012

Yikes. If convicted on all counts of fraud and for filing false claims for tax refunds, former New Jersey chiropractor David Moleski faces a maximum potential sentence of 318 years in prison.
Watchdog

Scam Uses the AICPA to Target CPAs and Others

It seems nobody is safe from the phishers. The AICPA works hard to keep readers aware of fraudulent e-mails from other sources. They themselves were recently used again in an attempt to hook new victims.
Tax

Crime Watch: December 12, 2012

A New Jersey CPA was sentenced to fifty-four months in prison for a $500 billion fraud scheme. In addition to his prison term, he was sentenced to three years of supervised release and ordered to pay $43,582,699 in forfeiture.
A&A

ACCA/IMA Survey Finds Business Confidence Falls Again

Confidence in the global economy fell in Q3 2012, according to a worldwide survey of 2,550 finance professionals, with some 67 percent of respondents saying the global economy is stagnating or reversing.
Tax

Stanford's Coconspirators Guilty of Fraud

It wasn't our fraud! That was a big part of the overall defense presented by two men accused of helping Texas financier R. Allen Stanford cover his tracks when he bilked trusting investors out of $7 billion.