DOGE's Only Public Ledger Is Riddled With MistakesElon Musk's team claims $55 billion in savings, but major accounting errors and inaccuracies raise questions about the legitimacy of these figures.
ADM's multiple accounting errors and SEC probe are 'highly concerning' to investorsADM has postponed its Q3 earnings call due to financial mismanagement and misclassified transactions, illustrating ongoing concerns over its accounting practices.
DOGE's Only Public Ledger Is Riddled With MistakesElon Musk's team claims $55 billion in savings, but major accounting errors and inaccuracies raise questions about the legitimacy of these figures.
ADM's multiple accounting errors and SEC probe are 'highly concerning' to investorsADM has postponed its Q3 earnings call due to financial mismanagement and misclassified transactions, illustrating ongoing concerns over its accounting practices.
Liquidator may prepare file for DPP over 'concerns' at Cork-based AI company AltadaOver €2 million in taxes went unpaid amidst allegations of misuse of corporate funds by Altada's directors, including extravagant travel and personal account payments.
The shocking rise and fall of elite cybersecurity firm IronNetIronNet collapsed after overpromising on cybersecurity solutions and failing to produce results, leaving investors and employees disillusioned.
Fluid Truck files for Chapter 11 bankruptcy and pursues sale after leadership shakeup | TechCrunchFluid Truck filed for Chapter 11 bankruptcy due to financial mismanagement and loss of executive leadership, with significant implications for stakeholders.
Liquidator may prepare file for DPP over 'concerns' at Cork-based AI company AltadaOver €2 million in taxes went unpaid amidst allegations of misuse of corporate funds by Altada's directors, including extravagant travel and personal account payments.
The shocking rise and fall of elite cybersecurity firm IronNetIronNet collapsed after overpromising on cybersecurity solutions and failing to produce results, leaving investors and employees disillusioned.
Fluid Truck files for Chapter 11 bankruptcy and pursues sale after leadership shakeup | TechCrunchFluid Truck filed for Chapter 11 bankruptcy due to financial mismanagement and loss of executive leadership, with significant implications for stakeholders.
Federal audit says Santa Clara County Office of Education misused fundsThe Santa Clara County Office of Education misused over $135,370 in federal funds, igniting conflicts and debates over leadership accountability.
Northeastern will pay back $600,000 to NSFNortheastern University will repay $616,695 to the NSF due to financial mismanagement revealed in an audit.
Ruben Amorim takes responsibility for big job cuts at Manchester UnitedManchester United's failings are acknowledged by Ruben Amorim, leading to redundancies due to financial mismanagement and poor team performance.
Naomi Campbell banned from being charity trusteeNaomi Campbell was banned from charity trustee role due to financial misconduct in the Fashion For Relief charity.
Naomi Campbell barred as charity trustee in England, Wales after funds spent on spa, cigarettesNaomi Campbell is barred from being a charity trustee for five years due to poor governance and financial mismanagement of her charity.
Naomi Campbell claims she did not know of financial misconduct at charityNaomi Campbell denies knowing about financial misconduct in her charity, blaming a fellow trustee for deception.
Naomi Campbell banned from being charity trusteeNaomi Campbell was banned from charity trustee role due to financial misconduct in the Fashion For Relief charity.
Naomi Campbell barred as charity trustee in England, Wales after funds spent on spa, cigarettesNaomi Campbell is barred from being a charity trustee for five years due to poor governance and financial mismanagement of her charity.
Naomi Campbell claims she did not know of financial misconduct at charityNaomi Campbell denies knowing about financial misconduct in her charity, blaming a fellow trustee for deception.
Ex-Silicon Valley education leader splurged on staffing - San Jose SpotlightExcessive salaries for school administrators led to controversy and the dismissal of Santa Clara County Superintendent Mary Ann Dewan.
National school parents' group stripped of charity status after rows over state finance and representationNPCPP lost funding and recognition due to governance concerns, leading to its liquidation after failing to comply with reporting requirements.
Ex-Silicon Valley education leader splurged on staffing - San Jose SpotlightExcessive salaries for school administrators led to controversy and the dismissal of Santa Clara County Superintendent Mary Ann Dewan.
National school parents' group stripped of charity status after rows over state finance and representationNPCPP lost funding and recognition due to governance concerns, leading to its liquidation after failing to comply with reporting requirements.
Berkeley, a Look Back: Schools chief survives calls for his resignationBerkeley's school board faced turmoil in 1925 due to financial mismanagement, impacting construction bond prospects and highlighting issues of oversight and confidence.
Milwaukee housing authority reportedly misused' millions in federal fundsHACM uncovered $3 million in financial discrepancies related to HUD's Housing Choice Voucher program, quickly identified by new CFO Brad Leak.
Thirty MPs demand Ofwat puts Thames Water into special measuresThames Water should be taken into special administration to prevent public bailouts and ensure reform through public oversight.
Former England manager Sven-Goran Eriksson died with debts of over 3.8mSven-Goran Eriksson died with debts exceeding 8.6 million, largely due to tax issues despite a successful career as England's manager.
Ex-England boss Eriksson died heavily in debtSven-Göran Eriksson left behind significant debts, primarily tax-related, despite having assets worth £4.8 million.
Former England manager Sven-Goran Eriksson died with debts of over 3.8mSven-Goran Eriksson died with debts exceeding 8.6 million, largely due to tax issues despite a successful career as England's manager.
Ex-England boss Eriksson died heavily in debtSven-Göran Eriksson left behind significant debts, primarily tax-related, despite having assets worth £4.8 million.
MTA's $252M emergency intercom flop is another insult to taxpayersThe MTA's $252.7 million investment in "Help Point" intercom systems has largely failed, with many calls being prank-related instead of actual emergencies.
The MTA is wasting billions on NYC's congesting pricing planCongestion pricing in NYC is criticized as a regressive tax amidst MTA's history of financial mismanagement.
MTA's $252M emergency intercom flop is another insult to taxpayersThe MTA's $252.7 million investment in "Help Point" intercom systems has largely failed, with many calls being prank-related instead of actual emergencies.
The MTA is wasting billions on NYC's congesting pricing planCongestion pricing in NYC is criticized as a regressive tax amidst MTA's history of financial mismanagement.
'No further action' over Croydon mismanagement that led to bankruptcyThe investigation found mismanagement but no prosecutions, highlighting limited accountability powers for councils.
Thurrock plans to sue other councils over financesThurrock Council blames APSE for inflated asset valuations, considering legal action against over 20 councils to recover losses.
'No further action' over Croydon mismanagement that led to bankruptcyThe investigation found mismanagement but no prosecutions, highlighting limited accountability powers for councils.
Thurrock plans to sue other councils over financesThurrock Council blames APSE for inflated asset valuations, considering legal action against over 20 councils to recover losses.
Trustee seeks to throw out Nir Meir's bankruptcyNir Meir's bankruptcy could be dismissed as he faces serious criminal charges, including grand larceny and tax fraud, while being unable to attend legal hearings.
Three months after shutting down, Philadelphia's University of the Arts files for bankruptcyThe University of the Arts filed for bankruptcy after closing due to financial mismanagement and low enrollment, with significant assets and liabilities involved.
Birmingham's going bankrupt. Here's why everything you've heard about that is wrong | James BrackleyBirmingham city council's bankruptcy is primarily rooted in misinformation about equal pay liabilities and a series of financial mismanagement issues.
Yoel Goldman inflated financials at All Year, restructuring officer allegesYoel Goldman significantly mismanaged All Year Holdings, inflating its financial status and accumulating unsustainable debt before its bankruptcy filing.
Debt-ridden UK council accuses tycoon of misusing 150m of its investmentsThurrock council alleges misuse of £150m investments by a businessman during its financial crisis, leading to bankruptcy.
Met drops probe into council's financial woesThe police dropped the investigation into financial mismanagement at Croydon Council, citing no evidence of criminal misconduct despite significant governance failures.
Trustee seeks to throw out Nir Meir's bankruptcyNir Meir's bankruptcy could be dismissed as he faces serious criminal charges, including grand larceny and tax fraud, while being unable to attend legal hearings.
Three months after shutting down, Philadelphia's University of the Arts files for bankruptcyThe University of the Arts filed for bankruptcy after closing due to financial mismanagement and low enrollment, with significant assets and liabilities involved.
Birmingham's going bankrupt. Here's why everything you've heard about that is wrong | James BrackleyBirmingham city council's bankruptcy is primarily rooted in misinformation about equal pay liabilities and a series of financial mismanagement issues.
Yoel Goldman inflated financials at All Year, restructuring officer allegesYoel Goldman significantly mismanaged All Year Holdings, inflating its financial status and accumulating unsustainable debt before its bankruptcy filing.
Debt-ridden UK council accuses tycoon of misusing 150m of its investmentsThurrock council alleges misuse of £150m investments by a businessman during its financial crisis, leading to bankruptcy.
Met drops probe into council's financial woesThe police dropped the investigation into financial mismanagement at Croydon Council, citing no evidence of criminal misconduct despite significant governance failures.
Hegseth Spox Trashes Blockbuster New Yorker Expose: Get Back To Us' With Real Journalism'The article discusses serious allegations against Pete Hegseth concerning financial mismanagement and unacceptable behavior during his tenure at a veterans advocacy organization.
Brooklyn Diocese Demotes Monsignor After $1.9M Financial ScandalThe Diocese of Brooklyn demoted Monsignor Gigantiello after an investigation found he mismanaged $1.9 million in church funds.Gigantiello allowed a music video shoot inside the church, triggering a compliance review.
Monsignor at Brooklyn church in federal subpoena replaced over $1.9M transfers, card use: DioceseMonsignor Jamie Gigantiello mishandled $2 million in church funds and was removed amidst corruption investigations linking him to political figures.
Brooklyn Diocese Demotes Monsignor After $1.9M Financial ScandalThe Diocese of Brooklyn demoted Monsignor Gigantiello after an investigation found he mismanaged $1.9 million in church funds.Gigantiello allowed a music video shoot inside the church, triggering a compliance review.
Monsignor at Brooklyn church in federal subpoena replaced over $1.9M transfers, card use: DioceseMonsignor Jamie Gigantiello mishandled $2 million in church funds and was removed amidst corruption investigations linking him to political figures.
NYC priest who allowed Sabrina Carpenter to shoot a music video in church further stripped of dutiesMonsignor Gigantiello was removed from his position due to serious mismanagement and financial misconduct related to church operations.
Owner of Kellogg's Diner Is Being Sued for $10 Million Over Alleged Misuse of FundsChef Julian Medina is suing Luis Skibar for allegedly diverting over $10 million into other projects, including Kellogg's Diner.
NYC priest who allowed Sabrina Carpenter to shoot a music video in church further stripped of dutiesMonsignor Gigantiello was removed from his position due to serious mismanagement and financial misconduct related to church operations.
Owner of Kellogg's Diner Is Being Sued for $10 Million Over Alleged Misuse of FundsChef Julian Medina is suing Luis Skibar for allegedly diverting over $10 million into other projects, including Kellogg's Diner.
Lyon handed provisional relegation and transfer banLyon faces severe sanctions for financial mismanagement, risking relegation and facing a transfer ban unless financial stability is achieved.
Lyon handed provisional relegation, transfer banLyon banned from transfers and provisionally relegated due to financial mismanagement, needing improved economic outlook to avoid second-tier football.
Lyon handed provisional relegation and transfer banLyon faces severe sanctions for financial mismanagement, risking relegation and facing a transfer ban unless financial stability is achieved.
Lyon handed provisional relegation, transfer banLyon banned from transfers and provisionally relegated due to financial mismanagement, needing improved economic outlook to avoid second-tier football.
Numerous Peter McVerry Trust transactions conducted without knowledge of board, report findsA charity mismanaged funds and obscured transactions, leading to significant governance failures.
Horseracing regulator used charity funds to pay staff wagesThe IHRB unlawfully used funds from the Jockey's Emergency Fund, breaching the Charities Act, to cover operational cash shortfalls.
Numerous Peter McVerry Trust transactions conducted without knowledge of board, report findsA charity mismanaged funds and obscured transactions, leading to significant governance failures.
Horseracing regulator used charity funds to pay staff wagesThe IHRB unlawfully used funds from the Jockey's Emergency Fund, breaching the Charities Act, to cover operational cash shortfalls.
Trans-affirming non-profit in engulfed in financial scandal - LGBTQ NationAllegations against Queer Works involve significant financial mismanagement, raising concerns over the misuse of grants intended for supporting TGI+ individuals.
International arrest warrant issued for former Wallabies star Rocky ElsomRocky Elsom sentenced to five years for corporate asset misuse as Narbonne president.International warrant issued due to serious financial mismanagement claims.Narbonne club dissolved after years of financial troubles attributed to poor leadership.
From failed inheritances to bad investments: Millionaires who lost a fortuneHaving wealth does not always ensure smart financial decisions or success.
Lucky Loser review how Donald Trump squandered his wealthTrump squandered an estimated potential fortune of $80bn, managing only $2.5bn by 2017 due to poor business practices.
From the Hermes heir to Nicolas Cage: Millionaires who went bankruptWealth does not ensure economic success, as poor decisions can lead to significant financial losses.
From failed inheritances to bad investments: Millionaires who lost a fortuneHaving wealth does not always ensure smart financial decisions or success.
Lucky Loser review how Donald Trump squandered his wealthTrump squandered an estimated potential fortune of $80bn, managing only $2.5bn by 2017 due to poor business practices.
From the Hermes heir to Nicolas Cage: Millionaires who went bankruptWealth does not ensure economic success, as poor decisions can lead to significant financial losses.
fromBoston.com5 months agoSenate approves criminal contempt resolution against Steward Health Care CEOSenate moves to hold CEO Ralph de la Torre in contempt for failing to testify about hospital conditions and financial mismanagement.
Memory Loss Isn't the Only Sign of DementiaFinancial mismanagement can signal early brain changes related to dementia, particularly in frontotemporal dementia patients who exhibit altered judgment.
Aymeric Laporte reveals Man City's message to players as 115 charges trial beginsManchester City is confident they will prove their innocence in the upcoming financial mismanagement hearing.
Yet Another Improper Spending Scandal Rocks SF City Hall, Commission Director Hastily Goes On LeaveSheryl Davis's financial misconduct leads to scrutiny of oversight practices at San Francisco's Human Rights Commission.
Osom Products, the phone company founded by ex-Essential employees, is shutting downOsom Products, Inc. is closing down after financial mismanagement allegations, despite only launching a single privacy-focused smartphone shortly after its inception.
'I've just heard my grandad left us all money - but my uncle spent it all. What can I do?'Inheritors were denied their rightful legacy due to misappropriation by the estate's executor during a personal crisis.
Investment app Gather collapses after failing to repay government loanGather, an investment app, collapsed into administration after misunderstanding government loan terms, resulting in significant losses for taxpayers.
At the N.R.A., a Battle Between the Old Guard and the NewThe National Rifle Association is facing internal leadership conflict despite external challenges.
Rabbi to return 2.35m to charities after investigation by National Crime AgencyRabbi Barry Marcus returned 2.35m to charities held in personal accounts without explanation.Funds were raised for Dalaid and the Schwarzschild Foundation, aimed at poverty relief and education for Orthodox Jewish women and girls.
Stability AI reportedly ran out of cash to pay its AWS billsMassive GPU clusters for AI model drained Stability AI's finances.Stability AI overpaid for infrastructure without matching revenue, leading to financial downfall.
'We got blindsided': SF SAFE workers allege pay violations, hostile work cultureLong-term employees of scandal-ridden nonprofit SF SAFE felt shock and betrayal after its implosion.Former SF SAFE workers are filing complaints about unpaid wages and benefits, seeking justice and compensation.
SF SAFE workers file labor complaint against imploded nonprofitFormer employees of SF SAFE filed a complaint for unpaid wages and benefits but left disheartened.SF SAFE facing financial mismanagement and investigations for labor violations.
'We got blindsided': SF SAFE workers allege pay violations, hostile work cultureLong-term employees of scandal-ridden nonprofit SF SAFE felt shock and betrayal after its implosion.Former SF SAFE workers are filing complaints about unpaid wages and benefits, seeking justice and compensation.
SF SAFE workers file labor complaint against imploded nonprofitFormer employees of SF SAFE filed a complaint for unpaid wages and benefits but left disheartened.SF SAFE facing financial mismanagement and investigations for labor violations.
Morning Docket: 02.26.24Law firms are financially strong overall, highlighting the contrast with those laying off staff.IPO market heavily relied on cornerstone investors in the past year.
A Philadelphia arts college closes abruptly, leaving students reelingThe sudden closure of the University of the Arts in Philadelphia raised concerns about higher education challenges and financial mismanagement.
Worker embezzled $750K, spent it on 'lavish' family vacations, California officials sayA woman embezzled $750,000 for lavish expenses and was sentenced to prison, demonstrating the consequence of financial fraud.
Husband Throws Wife Under The Bus When Their Law Firm Is At The Center Of Millions In Missing Client FundsThe Canadian attorneys' firm's trust account had missing funds leading to license suspensions, firm closure, lawsuits, and police investigation, impacting their personal and professional lives.
What drove Pittsburgh Technical College to close?Financial mismanagement allegations led to Pittsburgh Technical College's closure, amid declining enrollment and internal conflicts.