A Fraud Caught by a Channel-Surfing Judge!

Posted by & filed under Accounting Information Systems, Accounting Principles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Fraud Accounting, Intermediate Accounting, Managerial Accounting, Video Updates.

Dance Moms, a show on Lifetime TV is in its 6th season. The host is Abby Lee Miller, who is facing 20 counts of fraud due to allegations that she fudged specifics when it came to a bankruptcy filing. If found guilty on all counts, Ms. Miller is facing $5 million in fines and five years in prison.

Questions:
1. What specifics were omitted or fudged in her bankruptcy filing? What was the relationship between the show Dance Moms and the bankruptcy filing?
2. What is the latest news about the trial, since the initial indictment came back in October 2015? How many delays have there been so far?
3. What is the link between channel surfing and the specifics that were fudged? Detail as much as possible.

Source: Carey, S. (2016). Dance Moms’ Star Abby Lee Miller’s Court Case Update: Star Gets Additional Extension From Court, Makes Plans For International Tour. Inquisitr.com (Retrievable online at http://www.inquisitr.com/2847952/dance-moms-star-abby-lee-millers-court-case-update-star-gets-additional-extension-from-court-makes-plans-for-international-tour/)