Tuesday 30 April 2013

Hunter Valley Training Company Board Members Caught Up In $260K Fraud

It was common practice for the signatures of Hunter Valley Training Company board members, Milton Morris and Kay Sharp, to be forged on cheques and documents by an office manager, the Maitland Local Court heard.........
http://www.maitlandmercury.com.au/story/1468851/hvtc-board-members-caught-up-in-260000-fraud-scandal/?cs=171

Sunday 14 April 2013

Liquidators find finance fraud on rise

Discovery of fraud in the financial statements produced by staff within companies is increasing, according to liquidators examining recent corporate collapses........more financial statement fraud including staff fudging financial reports, excluding information, faking revenue or asset value, or understating expenses.


Read more: http://www.smh.com.au/business/liquidators-find-finance-fraud-on-rise-20130414-2htqq.html#ixzz2QV8gWGGT