By Aaron Nicodemus2021-07-28T13:00:00
Once the individuals featured in this series decided to blow the whistle, their lives were forever changed.
For Dee Dee Stone, a Texas CPA, the decision to blow the whistle in 2011 on a client who was operating a Ponzi scheme was a relatively easy one.
That client, fellow CPA David Ronald Allen, was the chief financial officer of an asset-backed investment scheme called China Voice Holding Corp. While Stone was processing tax returns for Allen’s investment partnerships as a subcontractor, she saw China Voice bank statements and knew something was off. When confronted, Allen tried to explain away the fact the investment vehicle looked like it was using new investor money to pay off high returns promised to existing investors, she said. But as Stone had already copied bank statements and tax returns, she knew Allen’s explanations did not measure up with the facts.
2025-10-21T18:18:00Z By Ruth Prickett
Sanctions, tariffs, economic crime, big tech, data privacy, and environmental laws are expanding global compliance risks. Tougher penalties now reach deep into supply chains, making even small suppliers accountable to customers or regulators.
2025-10-20T19:28:00Z By Neil Hodge
Companies face increased risk of cyberattacks, data loss, and even regulatory action because employees are using unapproved “shadow AI” tools to help with work-related tasks.
2025-10-16T20:38:00Z By Neil Hodge
Europe’s massive financial sector has become a magnet for illicit money flowing through its banks and markets. A new EU agency will be taking the problem head-on to fight against money laundering.
2025-10-09T19:14:00Z By Neil Hodge
Whistleblowing hotlines are rightly championed as valuable tools for employees and even third parties to raise concerns about corporate conduct. But it seems some complaints may be acted upon more keenly than others, particularly if blame can be pinned to one individual and any potential fallout can be ring-fenced.
2025-08-11T13:57:00Z By Oscar Gonzalez
As the Trump administration continues to reduce the number of workers at multiple federal agencies, there has been a record number of whistleblowers coming forward.
2025-04-28T21:38:00Z By Aaron Nicodemus
Whistleblowing in the United States is being buffered by uncertainty from regulators who are backing off policing corruption and consumer protections. Regulators like the Department of Justice and the Securities and Exchange Commission are being thrown into disarray by layoffs and restructuring. Still, whistleblowers will likely continue coming forward.
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