Posted by Faris Alzahrani. On June 20th Christiano Ronaldo was accused by the government prosecutor for evading tax four times amounting to $16.5 million. Ronaldo was investigated and was expected to appear before Pozuelo de Alarcon court No. 1 on July 31. His summoning accorded with the same prosecutor who indicted Mourinho for evading tax …
Continue reading “Cristiano Ronaldo, Jose Mourinho Caught up in Spain Tax Scandal”
Posted by Muhammad Azeem. Playing the role of a forensic accountant can be a fundamental one as it will influence various individuals whether in a business valuation or in a fraudulence sense. This article talks about how forensic accountant can play an indispensable part in perceiving issues and working up new tradition proceeding, irrespective of …
In 2017, Bank of America came to the agreement to pay $66.6 million to end its lawsuit accusing it of high rate of interest and fees from customers, who have checking accounts that were overdrawn for several days. The amount of interest and fees Bank of America charges was decided unlawful. The case was a …
Continue reading “Bank of America Settles Overdraft Lawsuit for $66.6 Million”
Posted by Alexander D. Bakogiannis. Earlier this year the SEC reported that a medical device company named Orthofix was being charged with improperly booking revenue and making improper payment to doctors and government owned hospitals in Brazil. They improperly recorded revenues as soon as a product was shipped before securing payments. When a company makes …
Continue reading “Orthofix International Charged With Accounting Failures and FCPA Violations”
Posted by Kelly Shaw. Morris Zukerman, age 72, plead guilty in June 2016 to obstructing the IRS as well as tax evasion. He was sentenced to 70 months in prison for his criminal offenses in March 2017. Morris sold a co-owned petroleum products company, which was owned by a subsidiary of his investment firm M.E. …
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Posted by Abigail Murphy. A way to raise money, fund a project, or venture from a large number of people for a small startup in the earliest stage money sounds simple. Not so much. Every so often, there are crowdfunding campaigns gaining popularity via Facebook newsfeed, twitter feed, and emails. These campaigns come with issues …
Continue reading “Crowdfunding Regulation: Too Much or Too Little?”
Posted by Ahmed Alzahrani. In this article, the rapper DMX is accused of evading tax. The rapper pleaded not guilty to any of the charges against him. He was later released in prison after spending one day in jail; this was after he paid $500,000 bond. The persecutor asserts that Earl Simmons also known as …
Posted by Caroline Weeks. On November 5, 2015 a dam in the Brazilian city of Mariana collapsed, resulting in multiple causalities and irreparable damage to the surrounding cities and ecosystems. In total, nineteen people lost their lives. The collapse also “released a torrent of sludge that washed away villages, displaced hundreds of people, and traveled …
Continue reading “Charges Made in Samarco Dam Collapse Case”
Posted by Ryan McNeilly. Something we have come to know as Americans is that three things are certain in life. We will live, we will die, and we will pay taxes. Currently in the news, President’s Trump new tax plan has become the hot topic of discussion. People are disappointed to see another tax cut …
Posted by Faris Alzahrani. On June 20th Christiano Ronaldo was accused by the government prosecutor for evading tax four times amounting to $16.5 million. Ronaldo was investigated and was expected to appear before Pozuelo de Alarcon court No. 1 on July 31. His summoning accorded with the same prosecutor who indicted Mourinho for evading tax …
Continue reading “Cristiano Ronaldo, Jose Mourinho Caught up in Spain Tax Scandal”
