Elizabeth Holmes dropped out of Stanford at age 19 to start a new career. She founded Theranos, which was a privately held health technology corporation initially touted as a breakthrough technology company in the blood-testing market. The money and glory were huge. In a few short years, Ms. Holmes grew the company to a valuation of $9 billion. Ms…. [Read More]
Search Results for: whistleblower
What Do We Need To Do To Increase Accountability?
The last several months’ impeachment trials and the media furor it generated has focused a spotlight on whistleblowing and raised much-needed awareness on this issue. The Sarbanes-Oxley Act of 2002 and the Dodd-Frank Act of 2010 have provisions that were intended to prevent businesses from firing or demoting employees who reported fraudulent behavior to authorities…. [Read More]
Crisis of Conscience: Is Fraud on the Upswing?
Journalist Tom Mueller’s most recent book, Crisis of Conscience, Whistleblowing In An Age of Fraud, was the focus of a recent McCuistion TV program on KERA, PBS Dallas. Dr. Mueller and Marianne Jennings, JD, Professor Emeritus, Arizona State University and author of The Seven Signs of Ethical Collapse, joined hosts Jim Falk and Dennis McCuistion to talk… [Read More]
Whistleblowing In An Age of Fraud
Whistleblowing and the fraud that it uncovers is a hotly debated topic today. Yet its roots go back centuries. Whistleblowing is one of the most powerful enforcing mechanisms we have and one of the most powerful tools of enforcement that the Justice Department has today. As a guest on the McCuistion TV Program recently I was… [Read More]
Transparency, Integrity and Ireland
These last two weeks have been a whirlwind of presentations in Ireland for Transparency International, The Institute of Banking and the National University of Ireland. I learned firsthand about the Irish spirit and determination, enjoyed its great people and the beauty of the country. It was an honor to address groups who are so focused… [Read More]
Boeing and the Perfect Storm
A new report from the Joint Authorities Technical Review (JATR) panel, convened by the FAA in April following two fatal crashes in less than five months involving the Boeing 737 MAX 8, said the plane’s new flight control system, called the Maneuvering Characteristics Augmentation System (MCAS) was not evaluated in concert with other systems. MCAS has been implicated… [Read More]
Are we a “Banana Republic”?
In journalist Tom Mueller’s newest work, Crisis of Conscience: Whistleblowing In An Age of Fraud, he makes a case for how the United States, which was founded on the premise of “equal justice under law” has become a “banana republic.” The 600-page book covers some 200 plus interviews with whistleblowers, which includes me and the… [Read More]
This is Not a fairy tale!!!
All children’s stories start with once upon a time and have heroes and villains. In this case, this story, while it involves children’s books, has a slew of villains who might yet triumph over the heroes. Baltimore’s Mayor Catherine Pugh resigned under pressure last week, after revelations that she made more than $500,000 selling her… [Read More]
Flying is Safer Than Driving? Did Boeing say that?
Every day thousands of flights take off from airports worldwide. We are routinely told flying is less hazardous than driving and so we put our lives in the hands of airlines who supposedly have our best interests at heart. That premise now needs to be deeply scrutinized. If we can’t trust our major airline carriers,… [Read More]
How to Stamp Out Fraud!
Is your organization immune from fraud? The 2019 Annual Fraud Conference recently held at the University of Texas at Dallas gave practical steps to assure you are. The conference was an outstanding success and I was honored to have been part of it once again. The conference attendees; internal auditors, CPA’s, faculty and students, learned… [Read More]
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