Professor Elam
Accounting & Investing Info for San Antonio A & M
about
Category: Ethics
-
Wed August 24, 222 We are studying ethics and auditing in my classes. Here is what I mean by keeping up with the accounting news to broaden your context of understanding accounting, finance, and ethics. finance.yahoo.com nMalaysain ex PM Najib jailed for 12 eyars in 1MDB Scandal Goldman pays $2 B fine over 1MDB deal…
-
Monday August 22 2022 I recommend on your syllabus that you subscribe at the student rate to the WSJ. Here are a couple of good examples from today Aug 22 of what you might learn. I am teaching ACCT 4311 Audit and ACCT 5308 Ethics, the first article addresses both. United Kingdom Financial Reporting Council…
-
Friday August 19 2022 18 former NBA former Players arrested NBA Heallth and Welfare Benefit Plan $4 Million claims $2.9 M paid out Claims for work in Dec 2018 in CA while he was playing in Taiwan 18 NBA Players attempt to defraud health care fund
-
Friday August 19 2022 Gene Upshaw Health Reimbursement Account Plan June 2017 – Dec 2018 $3.9 M False Claims False claims hyperbaric, cryotherapy, ultrasound for injured players NFL Players plead guilty to health care fraud the fund was created to help NFL players with long term injuries, but these guys stole from that very fund…
-
Friday August 19 2022 Wrote about $1 M hot checks Organized weeklong football event 2019 Paid for uniforms, transport, meals Promised college scouts would see the students A prior theft conviction raised to second degree felony Max 20 Year Prison sentence Richard Cardenas created a fraudulent football agency story writing over $1 M in hot…
-
Friday August 19 2022 SEC Alleges Robert J Mueller spent $1.5 M investor money for 2nd and 3rd wedding, rings, divorce, vacation cruises, school tuition, condo in Hawaii Deeproot Funds claimed to develop Retro Atomic Zombie Addventureland $58 M from 300 investors Another Ponzi like scheme You have to wonder how he thought he would…
-
Friday August 19 2022 iCore Global claimed 156 offices in 64 countries $47.45 B annual transactions Actually two mail boxes at UPS Defrauded investors for $2.1M Samantha Mueting charged seven counts of wire fraud, two other single count i/core Global Execs plead guilty Two executives of iCore Global LLC (iCore) have pleaded guilty to their…
-
Thursday August 18, 2022 A $600 million debt deal that Goldman Sachs Group Inc. GS -0.48%▼ and JPMorgan Chase JPM -1.39%▼ & Co. recently arranged for Avaya Holdings Corp. AVYA -0.33%▼ went bad within weeks. The two banks sold new loans and bonds for Avaya, a cloud-communications company, in late June. Investors included Brigade Capital…
-
Wed August 17 2022 Blames Fall for loss of memory Chimnee Van Gundy the Queen of Mobile Homes has not shown up for her second hearing. The Bankruptcy Trustee wants her case dismissed. Van Gundy claims to have made millions with a fixer upper plan regarding mobile homes. But 'investors' say it was a…
-
Tuesday August 61, 2022 t’s the Little League hug that stirred the planet. The moment happened last week, in Waco, Texas, during regional play of the Little League World Series. The opponents were Pearland, Texas, and Tulsa, Okla. Pearland pitcher Kaiden “Bubs” Shelton threw a pitch that veered dangerously inside and thunnnnnk—it smacked right off…
Professor Elam 