4 ms·
agree 100%. A company doesn't have sufficient controls (or auditing!?) around its financials and doesn't catch rogue payments up to 10s of millions over a TWO
by mholmes680 9y ago
agree 100%. A company doesn't have sufficient controls (or auditing!?) around its financials and doesn't catch rogue payments up to 10s of millions over a TWO YEAR period, and thats only maybe a material event? Could be isloated event, could be the scammer told some friends how to pull it off with other suppliers, etc...
Sounded like the SEC is getting caught with their pants down on this too, though. Maybe not sure how to deal with these situations?