Claims Archives

Claim Chronicles 121-B

July 10, 2023May 11, 2022 by ssAdmin

Old-school phones connected to each other

Topic: Fraudulent Wire Transfers, Social Engineering SchemeServices: Bookkeeping and Bill Pay Worthingham Financial, an established accounting firm, has been providing bookkeeping and bill pay services to consumer finance business Smart Money Express. The process is consistent — Smart Money receives its invoices from its Chief Operating Officer Larry Tollefson. If the invoices are for more … Read more

31 Reasons CPAs are Sued

April 5, 2023April 5, 2017 by ssAdmin

CPAs who are sued are often in the wrong place at the wrong time with the wrong decision. These situations that landed CPAs in court are real—drawn from CAMICO’s claims files. 1) Trusting a client too much A long-time client asked her CPA to perform an audit for a new insurance company she’s invested in. … Read more

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