Comverse backdating Freechatsexlocal
The benefit to the options holder is the difference between the strike price and the later sales price.
When stock options are backdated, however, the date of the options is set to a time in the past when the price of the stock was lower than on the date the options were actually issued.
Although the FSP’s mission is closely tied to that of the AF/MLU, it does have a separate mission statement which is documented as follows: The mission of the FSP is to support the forfeiture component of all major FBI investigations through data entry and analysis of financial documents, forensic accounting, and tracing assets subject to forfeiture.
Some corporate executives have also changed their stock option exercise date (the date the option can be converted to stock) to avoid paying income tax.
Although Public Corruption is a national priority within the White Collar Crime Program, it will not be addressed in this report.
Each section of this report provides an overview, statistical accomplishments, and case examples of the identified priority crime problems specifically addressed by the Financial Crimes Section.
Where appropriate, suggestions are made in order to protect the public from being victimized by fraudulent activity.
As the lead agency investigating Corporate Fraud, the FBI has focused its efforts on cases which involve accounting schemes, self-dealing by corporate executives and obstruction of justice.