close

Practice

Business

Tax

Technology

Regulation

Resources

Rankings

Advertise With US

    Information

    Stanford CFO to appear in court

    Stanford CFO to appear in court

    Stanford CFO Davis will appear in court on Wednesday to face charges over the alleged $7bn Ponzi scheme

    Author Writer Date published June 29, 2009 Categories

    Stanford CFO James Davis is set to appear in a Houston court to answer fraud
    and conspiracy charges relating to the investment business’ alleged $7bn Ponzi
    scheme.

    Davis will appear in court on Wednesday, after spending several months
    cooperating with prosecutors, reports the
    Houston
    Chronicle    , although no formal plea agreement is in place.

    If he testified against the founder Allen Stanford he would rank alongside
    other CFOs who have done the same to their bosses, such as Enron’s Andy Fastow
    and WorldCom’s Scott Sullivan.

    Further reading:

    Two accountants charged over
    Stanford

    Share

    Subscribe to get your daily business insights

    More about:

    Get the latest analysis and reports delivered to your inbox daily

    Resources & Whitepapers

    Resources & Whitepapers

    The importance of UX in accounts payable: Often overlooked, always essential
    AP

    The importance of UX in accounts payable: Often overlooked, always essentia...

    2m Kloo

    The importance of UX in accounts payable: Often ov...

    Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

    View article
    The power of customisation in accounting systems
    Accounting Software

    The power of customisation in accounting systems

    2m Kloo

    The power of customisation in accounting systems

    Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

    View article
    Turn Accounts Payable into a value-engine
    Accounting Firms

    Turn Accounts Payable into a value-engine

    3y Accountancy Age

    Turn Accounts Payable into a value-engine

    In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

    View resource
    8 Key metrics to measure to optimise accounts payable efficiency
    AP

    8 Key metrics to measure to optimise accounts payable efficiency

    2m Kloo

    8 Key metrics to measure to optimise accounts paya...

    Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

    View article

    Related Articles

    Consultancy rebrands to Andersen Tax
    Accounting Firms

    Consultancy rebrands to Andersen Tax

    10y Kevin Reed , Writer

    Consultancy rebrands to Andersen Tax

    US tax consultancy revives the Andersen brand Read More...

    View article
    Lessons still not learned from Enron
    Audit

    Lessons still not learned from Enron

    13y Accountancy Age

    Lessons still not learned from Enron

    A decade since the Enron scandal and we're no closer to restoring confidence in the markets, says Max Williamson Read More...

    View article
    Enron shareholders close to multi-billion dollar payout
    Audit

    Enron shareholders close to multi-billion dollar payout

    16y Kevin Reed , Writer

    Enron shareholders close to multi-billion dollar p...

    Enron shareholders could take their portion of $7.2bn payout by end of the year Read More...

    View article