Posts Tagged: alleged fraud

Jay-Z settlement prior to fraud charges

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Fraud Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Accounting Today, the founder of apparel licenser Iconix Brand Group, which last month settled a high-profile dispute with the rapper Jay-Z, was charged by federal prosecutors with inflating the company’s revenue and earnings. Questions: Who was named in the indictment? What are their roles in the investigation? How much was the civil settlement… Read more »