Miguel Afonso CaetanoNov 23, 2025

"Two sources familiar with OpenAI’s operations have told us that OpenAI’s US auditor is Deloitte. As already noted, this makes sense given Deloitte’s work for OpenAI’s European subsidiaries, and the less conflicted business relationship between the pair. To reiterate: the future of humanity is possibly in Deloitte’s hands. Thank you for your patience and attention to this matter."

https://www.ft.com/content/3cff198e-25e5-481a-bd34-e26941e1d12d

#AI #GenerativeAI #OpenAI #AccountingFraud #Deloitte #Auditing #BigTech

Client Challenge

Miguel Afonso CaetanoNov 21, 2025

"At precisely 4:00 PM Eastern Time on November 19, 2025, Nvidia Corporation released third-quarter earnings that exceeded Wall Street expectations. Revenue reached $57.01 billion against a consensus estimate of $54.9 billion. Earnings per share came in at $1.30 versus the anticipated $1.26. The stock surged 5% in after-hours trading, adding approximately $130 billion to the company’s market capitalization.

Eighteen hours later, the Nasdaq Composite closed down 1.21%. Nvidia’s gains evaporated. Bitcoin, which had briefly rallied, fell 2.07% to $89,567. What happened in those 18 hours represents something unprecedented in financial markets: algorithmic trading systems detected accounting irregularities faster than human analysts could read the earnings footnotes.

This is the story of that detection, the fraud it uncovered, and the systemic collapse now unfolding in real time."

https://substack.com/inbox/post/179453867?

#AI #GenerativeAI #Nvidia #Fraud #AccountingFraud #ATS #Algorithms #WallStreet #StockMarket

The Algorithm That Detected a $610 Billion Fraud: How Machine Intelligence Exposed the AI Industry’s Circular Financing Scheme

On November 20, 2025, trading algorithms identified what may become the largest accounting fraud in technology history—not in months or years, but in 18 hours.

PPC LandDec 25, 2024
Former Kubient CEO pleads guilty to accounting fraud scheme: Former Kubient CEO pleads guilty to $1.3M accounting fraud scheme involving fake AI ad fraud detection reports. https://ppc.land/former-kubient-ceo-pleads-guilty-to-accounting-fraud-scheme/?utm_source=dlvr.it&utm_medium=mastodon #AccountingFraud #FraudDetection #AI #Kubient #LegalNews
Former Kubient CEO pleads guilty to accounting fraud scheme

Former Kubient CEO pleads guilty to $1.3M accounting fraud scheme involving fake AI ad fraud detection reports.

PPC Land
Show threadFerdi MagellanMay 7, 2024

@biznewz_bot

The #TreasonWeasel hires all the best people.

“Ben Borgers and his audit firm, BF Borgers, were responsible for one of the largest wholesale failures by gatekeepers in our financial markets,” said Gurbir S. Grewal, director of the SEC’s Division of Enforcement.

“Because investors rely on the audited financial statements of public companies when making their investment decisions, the accountants and accounting firms that audit those statements play a critical role in our financial markets. #Borgers and his firm completely abandoned that role, but thanks to the painstaking work of the SEC staff, Borgers and his sham audit mill have been permanently shut down.”

#USPol #AuditFraud #AccountingFraud

Poetry NewsNov 18, 2023

Five years in prison
For Samsung's CEO crime
Accounting fraud charges

#samsung #jayylee #accountingfraud #stockmanipulation #haiku #poetry

https://www.reuters.com/business/media-telecom/samsung-boss-jay-y-lee-faces-final-hearing-over-alleged-fraud-stock-manipulation-2023-11-17/

Samsung boss denies wrongdoing as South Korea prosecutors seek jail term over 2015 merger

Samsung Electronics <a href="https://www.reuters.com/markets/companies/005930.KS" target="_blank">(005930.KS)</a> chairman Jay Y. Lee denied wrongdoing on Friday after South Korean prosecutors called for him to be jailed for five years on charges of accounting fraud and stock price manipulation involving an $8 billion merger of Samsung affiliates in 2015.

Reuters
Show threadArena Cops 🇺🇦✌Jul 16, 2023

@carnage4life It doesn't take a business genius to be eager enough to cook the books.

Intentionally bankrupting twitter as part of his business empire would also reduce his overall-owed tax burden, right?!

#IRS #TaxFraud #AccountingFraud #TaxEvasion #TaxDodgers #TaxEvaders #TaxFraudsters #FairTaxation #MuskSucks #RottenBird

Show threadArena Cops 🇺🇦✌Jul 11, 2023

@fawfulfan What will banks usually do with customer accounts with an official plus of $53 & official debts of $334,000?
They'll get rid of that customer ASAP.
Did that happen to the Minnesota "GOP"?
If not, where is it hiding its fortunes from state & federal authorities?
Are dark money-, money-laundering activities & shell companies involved?

#RuleOfLaw #AccountabilityMatters #JusticeMatters #DarkMoney #MoneyLaundering #AccountingFraud #TaxFraud #DefraudingAmerica