Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Ethics
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THursday April 27 2023 Note to accounting students The owners of the fence company missed the most obvious red flag. Why would a CPA be applying for a $20 an hour job? CPAs do better than that. That red flag should have prompted them to contact the Texas State Board of Public Accountancy to verify…
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Weekend April 22 2023 Hector Barreto, 61, who led the SBA during George W. Bush’s presidency, pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to defraud the U.S. government. The latter charge relates to conspiring to have nonprofits file false tax returns. In exchange for the plea,…
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Thursday April 13, 2023 Former Fiesta Royalty Indicted on Fraud Charges. It always helps to cloak oneself in respectability if you are going into the fraud business. Days before the kickoff to San Antonio's citywide party, a federal grand jury has indicted two former former members of Fiesta royalty on charges they conspired to…
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Weekend April 8 2023 Garcia Grains has lost $ 20 M worth of grain This put them in bankruptcy court. Now farmers in South Texas will be pressed to have storage for their harvest. Garcia wanted to hire an accountant to investigate, Not so fast said the creditor committee, if anyone gets hired it will…
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Wed April 5 2023 a few years back I had a long list of movies with ethical themes, I asked the ethics students to watch and evaluate. Armand Assante is featured in Con Man and is described as an 'actor's actor.' true enough His best ever performance may be in the HBO Gotti for…
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Click here to read about Guo Wengui
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Weekend March 12 2023 Ok guess who issued an all is well, no going concern warning just a couple of weeks before SVB collapsed, yep you guessed it KPMG, I recieved this e mail from author Kurt Pany our undergrad audit author We realize that this is probably more than you bargained…
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Ex-Goldman Sachs banker sentenced to 10 years in prison in 1MDB fraud By — Bobby Caina Calvan, Associated Press Economy Mar 9, 2023 2:26 PM EST NEW YORK (AP) — A former Goldman Sachs banker was sentenced Thursday to 10 years in prison for his role in looting a Malaysian development fund of…
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It’s been about four years since former state Sen. Carlos Uresti turned himself in to begin serving a 12-year federal prison sentence for securities fraud, money laundering and other crimes. Earlier this year, Senior U.S. District Judge David A. Ezra — who originally sentenced Uresti in two unrelated cases — quietly reduced the sentences in…
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weekend march 4 2023 Jay Leno is a great guy\
Professor Elam 