This is not only interesting but there are great takeaways in knowing the alerts and techniques of white collar crime. It is not just for CPAs to learn what to spot but for everyone in business today. Recommended read for all small business
Excerpt: This is more than a story about six men, all of them admitted white-collar criminals. It is more than a story about their fraud schemes, which resulted in total combined losses of nearly $4 billion.
This is the story of what CPAs can learn from these men—from their motives and methods, from how they were caught and how they could have been stopped earlier. This is a story of fraud’s impact and the role CPAs can play in spotting and preventing it.
Read full article via Criminal minds. From Journal of Accountancy