Tuesday, December 18, 2012

SEC Charges TheStreet for Accounting Fraud

The SEC has announced that it has charged the TheStreet Inc and three former executives for accounting fraud performed at the company. TheStreet Inc manages the TheStreet.com, an investing portal which focuses on the US equity market and was founded by Finance celebrity Jim Cramer in 2006. According to the charges, TheStreet had falsified its accounting results during 2008 by reporting false revenues from a … [visit site to read more]


Read More... [Source: Forex Magnates - Posted by FreeAutoBlogger]

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