Auditing firm investigating South Carolina's 'missing' $1.8B contradicts treasurer's testimony
The accounting firm conducting the forensic audit of SC Treasurer Curtis Loftis says he mischaracterized his office's role in ...
SC made billion-dollar accounting errors. Here’s how much it’s costing in attorney fees
Lawyers are being paid to represent SC’s Comptroller General, Auditor and Treasurer’s offices amid an SEC investigation.
Citi’s $81 trillion mixup underscores the risks of manual accounting
Last year, Citi had a total of 10 "near misses" of $1 billion or greater, the Financial Times reported. Near misses are when ...
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“Not a penny is missing” — Loftis testifies before subcommittee over $1.8 billion accounting error
During a heated exchange that lasted over three hours on Thursday, SC Treasurer Curtis Loftis testified before members of the SC Finance Constitutional Subcommittee, stemming from a $1.8 billion ...