The Fraudies Awards

Recognizing 2008’s Clueless Corporate Scammers

Archive for the ‘Sentinel Management’ tag

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

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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