SEC Charges Ann Arbor-Based Company and Former Executive in Accounting Fraud Scheme
      

The Securities and Exchange Commission today charged an Ann Arbor, Mich.-based company and a former executive in an accounting fraud scheme that ultimately cost the company more than $437 million in market capitalization and caused its stock price to drop by more than half its value during a two-month period in early 2006.
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http://www.ponziscams.com/blog/sec-charges-ann-arbor-based-company-and-former-executive-in-accounting-fraud-scheme/