The Fraudies Awards

Recognizing 2008’s Clueless Corporate Scammers

SEC didn’t buy it, found the fraud and lap dancers

with 4 comments

Misleading accounting was the norm at this Northbrook, Illinois-based investment firm…but sporting events and lap dance receipts raised eyebrows. Read more here on Bloomberg.com in “Bankruptcy Sleuths Find Cash in Trader Receipts for Lap Dancers.”  The SEC found more than they thought they would.

Written by Fraudies

May 6th, 2009 at 10:08 am

4 Responses to 'SEC didn’t buy it, found the fraud and lap dancers'

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  1. Hi, Congratulations to the site owner for this marvelous work you’ve done. It has lots of useful and interesting data.

    Sarengern

    4 Jun 09 at 11:44 pm

  2. I think i’ve seen this somewhere before…but it’s not bad at all

    Derekp

    25 Jun 09 at 1:51 am

  3. Thanks for the interesting information.

    versetty

    12 Jul 09 at 5:10 am

  4. Rather interesting. Has few times re-read for this purpose to remember. Thanks for interesting article. Waiting for trackback

    derekpm

    12 Jul 09 at 1:00 pm

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