Oil and gas production over the next 10 years would inject billions of dollars into the Senegalese economy and support more than 1 million jobs June 17, 2019/AEC The African Energy Chamber (EnergyChamber.org) rejects the accusations made by the recent BBC Panorama program on Senegal and believes this case is […]
Frauds & Scandals
KPMG Paying $50 Million Penalty for Illicit Use of PCAOB Data and Cheating on Training Exams
June 17, 2019/US SEC The Securities and Exchange Commission today charged KPMG LLP with altering past audit work after receiving stolen information about inspections of the firm that would be conducted by the Public Company Accounting Oversight Board (PCAOB). The SEC’s order also finds that numerous KPMG audit professionals cheated […]
SEC Charges North Carolina Businessman and His Companies with Fraudulent Offering Scam
14/6/2019/US SEC On June 13, 2019, the Securities and Exchange Commission charged Alton Perkins and two companies he controlled, Yilaime Corporation of NC (“Yilaime NC”) and Perkins Hsu Export Corporation (“Perkins Hsu”), with raising approximately $1.1 million from investors based on multiple misrepresentations and omissions and diverting more than 75% […]
