Tag: forensic accounting
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Canadian Accounting Firm Faces $12M Bill for Greg Martel Ponzi Bankruptcy
Overview: A High-Cost Chapter in a Widely Timed Ponzi Case The fallout from Greg Martel’s Ponzi scheme continues to reverberate through the lives of more than 1,700 investors in Victoria, British Columbia. As the bankruptcy process unfolds, newly released documents show that the accounting firm appointed to supervise Martel’s affairs could bill an estimated C$12…
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Rolex Watches and Jewellery Linked to RM50 Million Seizure in Malaysian Military Probes
Overview of the Seizure In a prominent crackdown touching Malaysia’s military circles, authorities have seized more than RM50 million (S$15.85 million) in cash, assets, and frozen funds across two investigations. The scope includes luxury watches, notably Rolex pieces, and an assortment of jewellery, underscoring the scale and cross-border implications of perceived financial improprieties within the…
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SAMCIS Faculty and Alumnus Earns High Distinction in Forensic Accounting Certification
Saint Louis University SAMCIS Celebrates a Distinguished Achievement Saint Louis University’s School of Accountancy, Management, Computing, and Information Studies (SAMCIS) is proud to announce a landmark accomplishment by one of its own. Jordan M. Tangonan, a devoted faculty member and an esteemed alumnus of SAMCIS, has earned high distinction in the rigorous Forensic Accounting Certification,…
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OSP’s 78-Count Case: A Steep Hurdle for Ken Ofori-Atta and Ghana’s Prosecutors
Overview: What the 78-Count Case Entails The Office of the Special Prosecutor (OSP) has filed a 78-count case against former Finance Minister Ken Ofori-Atta, signaling a serious step in Ghana’s anti-corruption drive. Lawyer Frank Davies, representing Ofori-Atta, stated that he was not surprised by the broad indictment. The charges appear to cover a wide range…