The famous ancient Greek dramatist Sophocles once said he'd rather "fail in honor rather than succeed by fraud." Sophocles ...

The responsibility for policing nonprofits generally falls to state attorneys general, rather than federal authorities.

The median fraud loss per case in the ACFE study was $104,000, but the average loss per case was $1,457,000, while 20% had ...

While receiving accolades, awards and promotions, an employee at a KDDI Corp. subsidiary was committing one of the largest-ever accounting fraud cases in Japan, an internal investigation revealed.

Class actions asserting accounting irregularities fell sharply last year following a one-time increase in 2011 attributed to a surge of Chinese reverse mergers, according to a Cornerstone Research ...

As I have previously discussed here in detail, the SEC announced in 2013 that it would be greatly sharpening its focus on accounting fraud cases. Among other things, the agency established a Financial ...

WASHINGTON, DC - JUNE 30, 2025: Matthew Galeotti, of the DOJ, announcing the largest healthcare fraud case in history. Flanked by DEA Assistant Administrator Thomas Prevoznik, CMS Administrator Mehmet ...

Such audits are being used more and more in insolvency and corporate fraud cases, but are not subject to any legally binding ...

The US Securities and Exchange Commission will drop a lawsuit against the former vice president of a California construction company that accused him of fraudulent accounting in projects including New ...

The IRS Criminal Investigation unit cited its top cases that led to multiyear prison sentences and multimillion-dollar financial settlements for tax crimes. "Financial trails are criminals' downfall," ...