Monthly Archives: August 2023

Retailers Gaming their Sales Techniques

Eddie Bauer was sued by a consumer who paid $6.00 for a pair of leggings originally priced at $12.50. The consumer discovered that the original price was not $12.50, but much less. An Amazon customer complained that a $114.99 vacuum … Continue reading

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Retailers Gaming the System

We just don’t know how much inventory has been stolen from retail stores. ┬áThe reason we don’t know is because retailers are using euphemisms to describe what is really happening. ┬áTheir financial reports disclose that retailers are experiencing higher “shrink.” … Continue reading

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An “Oops” From the Justice Department on the KPMG Prosecutions

In the so-called “steal the exam” scandal, the federal government prosecuted a former KPMG audit partner as well as an official with PCAOB (the federal government regulator of audit firms that audits publicly traded companies). They were convicted or settled … Continue reading

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