Master scandal involved 'perverse alignment', says interim president of the CVM
The interim president of the CVM discussed the Master Bank scandal, highlighting a deceptive alignment of incentives between managers and investors.
Depressed accountant stole Β£26,000 from food bank charity
An accountant stole over Β£26,000 from a food bank charity while managing its finances, diverting the funds into her own business account.
Former spouses caught: court strikes for fraudulent financial accounting and document forgery
A court has sentenced two former spouses to fines and restitution for fraudulent financial practices related to their transportation companies in Lithuania.
Uganda investigates disappearance of millions of dollars in airline company
Uganda's police and the presidential anti-corruption unit are investigating senior officials at Uganda Airlines over allegations of abuse of office, embezzlement, and accounting fraud amid concerns regarding aircraft purchase deals and the disappearance of over $9.2 million from the company.