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Taxpayers must pay the freight for over-budget train projects
Topic - Jorge Luis Castillo
A certified public accountant was sentenced Friday in Virginia to 54 months in prison in a half-billion-dollar fraud scheme affecting more than 3,500 victims throughout the United States and abroad, the Justice Department said.
"Accountants and auditors are the gatekeepers of our financial system and are entrusted with the critical role of protecting the public from fraud," he said. "Today's sentence will hopefully send a strong message to those in the accounting profession that they will be held responsible when they break that trust by facilitating or participating in fraud."