It's About Time!

http://www.mortgagefraudblog.com/index.php/weblog/permalink/us_attorney_launches_mortgage_fraud_task_force/


It’s about time! it seems as if the Department of Justice is taking its time. Perhaps a Certified Forensic Financial expert would be helpful in sorting this out and not wasting taxpayer money prosecuting people under a theory of “knew or should have known” that is not supported by the totality of documents and actual direct in person conversations as evidence. Prosecuting the real fraudsters this way instead of using hearsay and circumstantial evidence is a more direct way to conviction and restitution for victims.

It Is About Time

http://www.reuters.com/article/governmentFilingsNews/idUSN0747780820081108

It finally seems as if one of the big four public account ing firms, Deloitte & Touche LLP, is seriously enforcing the Sarbanes Oxley and AICPA rules prohibiting conflicts of interest by its partners and professional staff. Deloitte's decision to sue its former vice chairman for trading in securities of the firm's audit clients is a breath of fresh air in what otherwise has seemed to be a stagnating ethical environment. I applaud my professional colleagues for their action.