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SOX scam warning

Filed in archive SOX by leon on April 23, 2007

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Scam-meisters are now resorting to Sarbanes-Oxley.

The financial accountinglinks Standards Board (FASB) has put up a warning about companies getting calls from bogus salesman claiming they work for the FASB and promoting the sale of Sarbanes-Oxley compliance books.

The FASB says it has notified the Securities and Exchange Commission and the appropriate law enforcement agencies.

The warning gives no indication of how much they were asking for, and how much they could expect to make flogging bogus Sarbox material. Not much you'd imagine.

Still, the scam's big bucks might well come from getting access to people's credit card details.






Permalink: SOX scam warning
Tags: FASB  SarbanesOxley  scam  scam  business  oxley  corporate  sarbanes+oxley  scam+warning  michael+oxley 

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