“Predatory Lending and Mortgage Fraud”

March, 2009

March 2009 BY STANLEY I. FOODMAN In this article, the author discusses predatory lending practices and mortgage fraud. In addition to much needed legislative initiatives to combat such abuses, the author advises lenders to simply go back to basics and


“When the Calculations May Mean the Difference Between Guilty and Not Guilty”

March, 2009

March 2009 BY Stanley I. Foodman and Dennis G. Kainen A plaintiff’s allegation of fraud or monies owed in a charging document or complaint might not be true. An accurate analysis and interpretation of numbers in a financial case might

  • THE CHAMPION (National Association of Criminal Defense Lawyers

“Bankruptcy Abuse Prevention Results in Increased Home foreclosures”

February 15, 2009

February 15, 2009 BY Stanley I. Foodman, CPA, CFE On October 17, 2005 the Bankruptcy Abuse Prevention and Consumer Protection Act (“Act”) of 2005 became effective. The Act created a system that increased the proof necessary to qualify for filing

  • BAR BULLETIN (Maryland State Bar Association Newsletter)

“Fight Against Predatory Lending Has Gone On For Over A Decade”

May 2, 2008

Friday, May 2, 2008 PERSPECTIVE BY STANLEY I FOODMAN Recent news stories In conjunction with the “mortgage meltdown” give the false impression that awareness of predatory lending is something new, It’s not. For more than a decade, various federal agencies


“Know how to read them”

February 26, 2007

Monday, February 26, 2007 FINANCIAL STATEMENTS BY STANLEY I. FOODMAN SPECIAL TO THE NATIONAL LAW JOURNAL In working with attorneys in the United States and foreign countries, I’ve noticed that many of them are uncertain of what they are viewing


“BDO Seidman case gears up”

January 16, 2007

Tuesday, January 16, 2007 COURTS Jury selection begins today in the $170 million case against accounting firm BDO Seidman for its audit work of E.S. Bankest, a factoring firm that turned out to be a fraud. BY PATRICK DANNER pdanner@MiamiHerald.com


” A Few Signs Can Point a Sleuth to Fraud in Financial Statements”

November 15, 2006

Wednesday, November 15, 2006 BY STANLEY I. FOODMAN When reviewing a financial statement, how do you know if the numbers it contains are truthful and based on objective factual information or if it is a work of fiction? The short


“Considering Bank Fraud”

October, 2006

October 2006 BY STANLEY I. FOODMAN In the author’s view, banks should be taking extra care to insure they are not deceived into making loans to applicants who are intent on defrauding lending institutions to enrich themselves. Whose interests does


“Capital Sources – Foreclosure rate remains low in state for now.”

September 13, 2006

This article, in which Stanley Foodman is featured/quoted, is available at www.dailybusinessreview.com/


“Risky strategies for Broward bond brokers”

July 26, 2006

This article, in which Stanley Foodman is featured/quoted, is available at www.dailybusinessreview.com/


“After latest embezzlement scandal, Davie mayor calls for reform in finance system”

November 18, 2005

Posted November 18 2005 By Thomas Monnay Staff Writer DAVIE · In the wake of an alleged embezzlement by suspended Town Administrator Chris Kovanes, council members want to bring in a consultant to help fix their bidding process. “Obviously we


“Defrauding the Small Business Investment Company Program: A Case Study”

October/November 2005

October/November 2005 — Vol. 1, No. 4 By Stanley Foodman, CPA A little-known fact is that the federal government is the largest single investor in U.S. private equity funds. At the end of fiscal year 2004, the U.S. Small Business

  • FOCUS — Newsletter of the AICPA