• Former Koss Executive Pulls Off “Complex” Fraud

    Nearly a year after she was arrested, Sue Sachdeva will be sentenced for stealing $34 million from the Koss Corporation.Sachdeva, a former executive at Koss, will be sentenced in federal court Thursday.

  • The Case for Independent Internal Investigations

    The United States Sentencing Guidelines (USSG) continue to make life tough for those in charge of corporate compliance and ethics. Corporate attorneys, both in-house and outside counsel, must ensure that companies are following protocols set for by the USSG. Rightfully, […]

  • Risks and Rewards of Independent Internal Investigations (ACC Docket)

    The Association of Corporate Counsel publishes ACC Docket, a monthly magazine for members. The October 2010 issue features an article on the benefits of independent internal corporate investigations. The most valuable portion of the article discuss how we have arrived […]

  • Internal Investigations and the Use of Auditors and Accountants

    When whistleblowers report potential ethics violations within companies, the first step the company must take is an internal investigation. The best internal investigations are independent and led by outside counsel, for a variety of reasons. But what about the part […]

  • Short On Ethics

    American Journalism Review By Cary Spivak Two Web sites that investigate business fraud are funded by short selling—placing market bets that the stock of companies they write about will go down. It’s an approach that makes journalism ethicists very uncomfortable. […]

  • Medifast is Abusing the Legal System to Punish Critics of Take Shape For Life

    UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims […]

  • Koss Fraud: We Didn’t Bother to Look at the Endorsements On Our Own Checks, But Grant Thornton Should Have!

    The latest news in the Koss Corporation fraud committed by ex-VP of Finance Sue Sachdeva is a lawsuit filed by the company against Sachdeva and auditors Grant Thornton. It’s unlikely that the company will collect much from Sachdeva, but the […]

  • Ex-Con Now Walks a Financial Tightrope

    Cary Spivak – Milwaukee Journal Sentinel The latest business plan at the lofty-sounding Fraud Discovery Institute seems invincible: Gather negative information about a company, place a bet that the price will decline by selling its stock short, and then publish […]

  • Could New Regs Bring More Lawsuits?

    Proposed regulatory reforms in Congress could reverse the recent dip in securities class-action filings. Sarah Johnson – CFO.com | US The number of securities class-action claims made in 2009 declined 24% from the previous year, according to a recent study […]

  • A Review of Expert Fraud Investigation: A Step-by-Step Guide

    My second book, Expert Fraud Investigation: A Step-by-Step Guide, was recently reviewed by my colleague Michael Goldman for The Value Examiner, the magazine published for the National Association of Certified Valuation Analysts. It’s read by consultants who work in the […]