accounting fraud Archives - The Industry Spread

SEC Charges Engine Manufacturing Company Executives With Accounting Fraud

The Securities and Exchange Commission today charged the former chief executive officer of a Chicago-area engine manufacturing company and two former senior sales executives for their roles in an accounting fraud that allegedly overstated the publicly-traded company’s revenues by almost $25 million.

SEC Charges Truckload Freight Company With Accounting Fraud

The Securities and Exchange Commission today charged Indianapolis-based Celadon Group Inc. with an accounting fraud that allowed the truckload freight company to avoid disclosing substantial losses and misrepresent its financial condition.

Newsletter

Register now to receive the latest news and information for global trading industry.