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An Interview With A Felon Who Committed a $120 Million Mortgage Fraud

 Mon, 11/12/2018 from 11:00 am to 1:00 pm
 Online
 
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Registration Status: CLOSED -- Please contact the VSCPA at [email protected] or (800) 733-8272 for availability.
Member Price
$79.00 Regular Registration
Your Price
$109.00 Regular Registration
Designed For:

*Mortgage Fraud

Prerequisite:

None

Michael McGrath was the owner of a mortgage firm who purchased home mortgages from credit unions and packaged them into financial instruments sold to investors. As the economy soured, he began manipulating the financials associated with those mortgages in hopes of salvaging his aggressive growth strategy. Instead, the fraud kept getting bigger until banks were out over $120 Million. He would plead guilty and be sentenced to 14 years in prison.

Please Note: This course is not approved for Texas, Florida, Virginia, Washington Ethics or any other state with a state specific ethics requirement. Contact [email protected] if you have specific questions on your state.

Delivery Method: Individual webcast
CPE Credit: Ethics - behavioral
Program Level: Intermediate

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The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.