Discussion:7-year ponzi scheme - auditors foiled
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| January 25, 2011 | |
| Moss-Adams duped by Ponzi Schemer | |
Death&Taxes (talk|edits) said: | 25 January 2011 |
| plus ça change, plus c'est la même chose | |
| January 25, 2011 | |
| Yes, but this was a little bit unusual in that it went on for so long. The typical fraud lasts about two years. | |
Tax Writer (talk|edits) said: | 25 January 2011 |
| Wow. Another accounting firm does an Arthur Anderson. Pretty soon there won't be any big firms left. | |
Death&Taxes (talk|edits) said: | 25 January 2011 |
| I only meant 'what's new, another Ponzi?'
Perhaps IRS will have to assign a Business Code for being a Ponzi operator. | |
| January 25, 2011 | |
| Understood, D&T. I had to look the phrase up, and this is what is listed on Wikipedia for Jean-Baptiste Alphonse Karr, "the more it changes, the more it's the same thing." | |
Death&Taxes (talk|edits) said: | 25 January 2011 |
| I think we say, "The more things change, the more they remain the same" but French was my forte.
You know, if this guy were in New York City, it would be all over the Internet. | |
| 25 January 2011 | |
| "The typical fraud lasts about two years."
Not so. When I worked for the man, I departed with paperclips, pens, the office flowers, valuable paintings (borrowed for parties and special events at my home), Persian carpets (again borrowed), and several sport coats that fit me nicely; not to mention innumerable umbrellas of all shapes and sizes. I even managed to nab a pair of shoes one time from a sleep deprived manager. I considered it my privilege to steal the office Christmas tree each year to save myself the trouble of decorating my own. This went on for 10 years and I was never discovered. | |
| January 26, 2011 | |
| Well, Crow, I don't think you're typical in any way, shape or form, but it's great that you're so honest about your thievery. | |
| 26 January 2011 | |
| I decided honesty was the best policy (after the statute of limitations had run out). | |
| 27 January 2011 | |
| Crow, I'm pretty sure you were the man you were working for :) | |
| 27 January 2011 | |
| It could be. I got more than my share of original sin when I was born Laticiaw. I have been baptized four times and I recommit myself to the Lord at least once a year, and I still can't bridge the gap between theory and practice. Some man talked me into getting into the prosperity Gospel and I lost money on it so I went back to crime. Once the statute of limitations runs on everything, I'll write my autobiography as an exmample to others of what not to do. :) | |
| 1 February 2011 | |
| That could mean that you'll never be able to get around to writing that autobiography. :) | |
