‘Enforcement 40’ for 2020
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By Securities Docket on January 24, 2019, 9:56 am
U.K. entrepreneur Luke Johnson’s efforts to save Patisserie Valerie failed as an accounting scandal pushed the bakery chain’s parent into insolvency, threatening as many as 2,800 jobs on Britain’s beleaguered shopping streets. via Accounting Fraud Pushes UK’s Patisserie Valerie into Insolvency.
By Securities Docket on July 20, 2018, 9:15 am
According to the SEC’s complaint, Dandawate aided and abetted a fraud perpetrated by Quadrant 4 System Corp. (“QFOR”), Nandu Thondavadi, and Dhru Desai by falsely claiming in bank documents that he controlled ten entities that were, in reality, controlled by QFOR, Thondavadi, and Desai, and by allowing QFOR to use those bank accounts for various […]