According to Forensic Magazine, consumers of media content today face a number of challenges in determining the trustworthiness of the information they find online, particularly with the new phenomena of deepfakes. Questions: Has this been used yet to perpetrate a financial fraud? Can you think of a way that it could be used for fraud… Read more »
Posts Tagged: public trust
Deloitte Fined and Banned: Accounting Firm Botches Consulting Engagement Dealing with Bank Regulatory Problems
Deloitte was hired by Standard Chartered, a British bank, to independently spot suspicious money transfers routed through its New York branches. However, as the consultants, a final report submitted to state regulators was watered down, indicating misconduct by Deloitte and a lack of autonomy for Standard Chartered’s illicit transfers of billions of dollars on behalf… Read more »