Recent Posts by Joe Petrucelli

Caveman and Gorilla

I use cartoons throughout  the book to serve as symbols. This cartoon is intended to be symbolic of  the existence of greed from the time of the caveman to the present day.  The cartoon also demonstrates that the use of force, by the 800 Pound Friendly Gorilla, is not necessary if you develop the proper…
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Hewlett Packard blames $8.8b charge on accounting at acquired firm

NEW YORK (AP) — Hewlett-Packard Co. said on Tuesday that it's the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances. HP CEO Meg Whitman said executives at Autonomy Corporation PLC "willfully" boosted the company's figures through various accounting tricks, which convinced…
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Former employees of Edison law firm admit embezzling more than $788,000

Two former employees of an Edison-based law firm admitted to conspiring to defraud their former employer by improperly diverting more than $788,000 from the law firm, U.S. Attorney Paul J. Fishman said in a news release on Monday. Marla Deptula, 45, of Sayreville pleaded guilty to one count of conspiracy to commit mail fraud and…
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Ex-Dixon comptroller pleads guilty in $53 million scam

A former longtime treasurer of Dixon pleaded guilty today to fraud in federal court in Rockford for stealing $53 million from the coffers of the small northwestern Illinois city over two decades. Rita Crundwell will remain free on her own recognizance until her sentencing on Feb. 14. When asked her plea to the one count…
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