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Tag: Accounting

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UBS Trader Charged With Fraud

The trader arrested on suspicion of costing Swiss banking giant UBS more than $2 billion in unauthorized trades was charged Friday with fraud and two counts of false accounting dating as far back as 2008.

Posted on Sep 17, 2011 READ MORE

Audit Finds U.S. Hid Cost of Iraq Projects

More inspiring news about our government: A State Dept. agency used an accounting shell game to hide cost overruns on Iraq projects and withheld info on scheduling delays from Congress.

Posted on Jul 30, 2006 READ MORE

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