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The Justice Department and the Securities and Exchange Commission have accused former HealthSouth executives of accounting fraud totaling $2.45 billion.
OTTAWA — The Securities and Exchange Commission and a Canadian regulator accused the drug maker Biovail and four executives of accounting fraud on Monday, citing deceptions that included attributing a quarterly earnings shortfall to a fatal truck accident near Chicago.
[C4.] 2 Ex-Qwest Executives Acquitted A federal jury acquitted two former Qwest executives of accounting fraud charges and deadlocked on charges on two others, dealing the government a serious setback in a case it had seen as the start of a sweeping investigation of the company.
[C2.] FRAUD CHARGES AT DRUG MAKER The Securities and Exchange Commission has accused the drug maker Biovail and four executives of accounting fraud, citing deceptions that included attributing a earnings shortfall to a fatal truck accident.
A University of Texas law professor, Henry Hu, said the suit could pose difficult conflict questions for the commission as it builds up its staff with former executives of accounting firms.
C1 Enron Trial Begins On the opening day of the trial of Kenneth L. Lay and Jeffrey K. Skilling, prosecutors accused Enron executives of accounting "hocus pocus" while the duo's defense lawyers countered that market panic is what caused the collapse of the energy company in 2001.
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The ex-chief executive of accounting firm BDO Seidman and six others were indicted Tuesday on federal charges they peddled questionable tax shelters that generated more than $7 billion in phony losses for hundreds of wealthy clients who used the losses to offset real income and cut their tax bills.
The amount advanced by the government to pay legal bills for Fannie Mae and its former executives accused of accounting improprieties was a well-kept secret for more than two years.
While the Justice Department came down hard on another telecom start-up, Qwest Communications, indicting four of its former executives on accounting fraud charges, no Global Crossing executives have been prosecuted.
A partial answer to the question can be found in a decision issued on Friday by the United States Court of Appeals for the Ninth Circuit that reversed the conviction of a financial executive accused of accounting fraud for lack of evidence of any intent to defraud or mislead.
Executives of companies accused of accounting fraud these days tend to be treated as public enemies.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com