Global Roundup

Under this category you will find the news related to frauds in the various countries across the world

KPMG pays $22.475 million penalties in Xerox Case

The Securities and Exchange Commission announced today that KPMG LLP has agreed to settle the SEC's charges against it in connection with the audits...

Freddie Mac Gets Penalty And Rebuke Over Scandal

Federal regulators released a scathing report Wednesday on the corporate culture that fostered improper accounting at Freddie Mac, the same day that they announced...

KPMG pays $200 Million to settle lawsuits

Rite Aid, which overstated profits by up to $1.6bn, was one of the largest scandals to shake corporate America until it was eclipsed by...

Homestore To Settle Accounting-Fraud Suit Worth $70 Million

Homestore, an online real estate services company that provides listings to America Online, has said that it has agreed to pay about $70 million...