Sergei Magnitsky was working as an auditor at a Moscow law firm when he discovered what he said was a massive fraud by tax officials and police officers.
Jairo Saddi, who teaches lawat a private university, tells of a judge who immediately spotted fraud on being presented with a balance sheet: what else could explain the suspiciously exact match between assets and liabilities?
After the successful prosecutions of accounting fraudat WorldCom (now owned by Verizon) and Enron, said Jonathan Streeter at the Columbia Law School conference last month, the number of accounting scandals at large corporations fell dramatically.