Accounting & Forensic Accounting
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There is a tremendous amount of detailed work going on to reconstruct the MF Global accounts and recover customer money that was reported missing after the firm's bankruptcy in late October 2011. The audit firm for MF Global, PricewaterhouseCoopers, was not named as part of the team of forensic accountants that have been tasked with looking into the missing funds that some estimate could be over $1.2 billion (yes, BILLION). The forensic teams from Deloitte and Ernst & Young are working for the trustee to find and recover as much money as they can...