Daily Archives: April 26, 2024, 8:01 am

Patisserie Valerie Accounting Fraud: Four Plead Not Guilty – Bloomberg

Four people charged with fraud over the Patisserie Valerie accounting scandal that brought down the 90-year-old high-street bakery chain pleaded not guilty. The Serious Fraud Office charged former chief financial officer of Patisserie Holdings Christopher Marsh, his wife Louise, financial controller Pritesh Mistry and consultant Nileshkumar Lad with inflating the cash in the firm’s balance sheets between 2015 and 2018.…

Read More

A Proven Success: The SEC Whistleblower Regime Provides a Roadmap for DOJ’s New Program

As DOJ considers how best to construct this new program, it fortunately has a model of success to consider in the programs created under Dodd-Frank at the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). *** This is a resounding success by any measure in leveling the playing field in favor of  those in corporate America (i.e.,…

Read More