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Re:CEO of Cyber Fraud Startup NS8 Arrested by FBI, Facing Fr... by squashua667 on Friday September 18, 2020 @01:02PM (#24519198)
>> “customer revenue” account controlled solely by the CEO

> I cannot fathom a VP of Finance, let alone an outside accounting firm, that would be OK with this arrangement of accounts.

Right? Then again, EY audited everything and gave those fake bank statements the "thumbs up" as part of the last round of funding and due diligence on the part of the investors. Crazy.

Re:CEO of Cyber Fraud Startup NS8 Arrested by FBI, Facing Fr... by toomuchtodo on Friday September 18, 2020 @01:25PM (#24519484)
Wasn't EY also the firm who audited Wirecard? Why is anyone taking their audits seriously?

https://markets.businessinsider.com/news/stocks/ey-chairman-...

Re:CEO of Cyber Fraud Startup NS8 Arrested by FBI, Facing Fr... by ev1 on Friday September 18, 2020 @02:36PM (#24520339)
EY were also the ones that audited and passed WoSign and StartCom SSL CA's that were fraudulently issuing bad certs and violating CAB regulations.