Fraud Examination 5th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht, Mark Zimbelman

Exercise 23

Refer back to the beginning of this chapter to the excerpt from a Los Angeles Times article about Reed Slatkin's fraud. The article insinuates that the FBI and IRS's raiding of Slatkin's office marked the beginning of the government's investigation of Slatkin's financial activities. In fact, Slatkin was under investigation for at least four years prior to the raid, and nearly a year and half previous to it, the SEC had already conducted a series of depositions featuring, among others, Reed Slatkin as a witness. Transcripts of two of these frauds are available online: Open http://slatkinfraud.com/depo_jan.htm (Depo 1) and http://slatkinfraud.com/depo_feb.htm (Depo 2). All page numbers refer to Depo 1 except as individually noted.
Now go to www.sec.gov/litigation/litreleases/ lr17796.htm. This SEC litigation release identifies Daniel Jacobs as a co-conspirator in Slatkin's effort to deceive the SEC. Pay close attention to the bulleted section. a. What do you learn about NAA Financial b. Who is Michel (Mitchell) Axiall