Month: December 2018

Aaron Koniak Arrested for Financial Fraud in Indianapolis Indiana

Financial blogger

Aaron Koniak was arrested recently in Indianapolis Indiana for alleged financial fraud. According to police investigations, Aaron Koniak was arrested for committing acts of financial fraud in his workplace where he was handling the accounts department. A lifelong resident of Indianapolis, Indiana, Aaron Koniak had been working as an accountant for more than ten years prior to his arrest. The details of the fraud committed by him are being investigated by the police and preliminary investigation has revealed that he created false vendors and issued payments to them.

With more than ten years of experience in the field and an in-depth understanding of the field of accounting, Aaron Koniak easily manipulated the account records for his own gains. His fraudulent activities were soon brought to light during an audit where the discrepancies in the accounts were noticed. Aaron Koniak was arrested promptly as all investigations pointed towards him and he was found out to be the only culprit in the whole incident. In the case of forgery, he had been shifting money to his personal accounts under the name of fake vendors that he had created to siphon money from the company. He added fake names, addresses and company records to ensure that everything looked authentic to a person who was not an accounts professional.al.

Even though an experienced accounts professional, even he could not take care of all the details of his extensive operation and thus Aaron Koniak arrested for the fraud. His actions have harmed the trust of the company’s stockholders as the company lost a lot of money that will take a long time to be recovered.

Aaron Koniak was charged for this accounting scandal in the presence of right evidences and witnesses. His lawyers applied for a bail and he was released on a bond of an undisclosed amount.

Financial Analysis Report On Lafuma S.a. – Company Capsule

Financial blogger

Synopsis

Retail’s “Lafuma S.A. – Company Capsule” contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, financial ratios, key competitors, financial analysis, key employees as well as company locations and subsidiaries
http://www.companyprofilesandconferences.com/researchindex/Retail-c16/Lafuma-SA-Company-Capsule2.html

Summary

Retail’s “Lafuma S.A. – Company Capsule” is a crucial resource for industry executives and anyone looking to access key information about “Lafuma S.A.”

Retail’s “Lafuma S.A. – Company Capsule” utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. Retail strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.

Scope

Identifies crucial company information about “Lafuma S.A.” along with major products and services for business intelligence requirements.
Details locations, subsidiaries, affiliates and joint ventures.
Provides analysis on financial ratios.
Identifies key employees to assist with key business decisions.
Provides annual and interim financial ratios.

ReasonsToBuy

Enhance your understanding of “Lafuma S.A.”
Increase business/sales activities by understanding customers businesses better.
Recognize potential partnerships and suppliers.
Qualify prospective partners, affiliates or suppliers.
Acquire up-to-date company information and an understanding of the companys financial health.

Key Highlights

Lafuma S.A. (Lafuma) is a sporting goods and leisure items and equipment manufacturer, marketer and retailer based in France. The company’s brands include Lafuma, Eider, Ober, Millet, le Chameau and Oxbow. It provides general outdoor garments, backpacks, footwear and camping equipment under Lafuma brand. The company provides clothing for mountaineering, skiing, mountain climbing, backpacks, footwear and ropes under Millet brand. It provides clothing and boots for sports such as horse riding, hunting and fishing and gardening under Le Chameau brand. The company provides clothes for skiing, surfing and skating, sandals and travel bags under Oxbow brand. Lafuma through its subsidiaries operates in France, China, Hungary, Belgium, the US, the Netherlands, Italy, Germany and Japan. The company was founded in the year 1930. Lafuma is headquartered in Anneyron, France.

Table of Contents

1 Business Analysis
1.1 Company Overview
1.2 Major Products and Services
2 Analysis of Key Performance Indicators
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators
2.2 Key Financial Performance Indicators
2.2.1 Revenue and Operating Profit
2.2.2 Asset and Liabilities
2.2.3 Net Debt vs. Gearing Ratio
2.2.4 Operational Efficiency
2.2.5 Solvency
2.2.6 Valuation
2.3 Key Competitors
3 Key Employees
4 Locations and Subsidiaries
4.1 Head Office
4.2 Other Locations and Subsidiaries
5 Appendix
5.1 Methodology
5.2 Ratio Definitions
5.3 Disclaimer

List of Tables

Table 1: Major Products and Services
Table 2: Key Ratios – Annual
Table 3: Key Ratios – Interim
Table 4: Key Capital Market Indicators
Table 5: Key Employees
Table 6: Subsidiaries

List of Figures

Figure 1: Revenue and Operating Profit
Figure 2: Financial Position
Figure 3: Net Debt vs. Gearing Ratio
Figure 4: Operational Efficiency
Figure 5: Solvency
Figure 6: Valuation

For more information visit : http://www.companyprofilesandconferences.com/researchindex/Retail-c16/Lafuma-SA-Company-Capsule2.html

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Joy Global Inc. (joy) – Financial And Strategic Swot Analysis Review

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July, 25, 2014: Company Profiles and Conferences presents a Company Report on “Joy Global Inc. (JOY) – Financial and Strategic SWOT Analysis Review”, who helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

Joy Global Inc. (JOY) – Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the companys businesses and operations. The profile is bring to you a clear and an unbiased view of the companys key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

– Business description A detailed description of the companys operations and business divisions.
– Corporate strategy Analysts summarization of the companys business strategy.
– SWOT Analysis A detailed analysis of the companys strengths, weakness, opportunities and threats.
– Company history Progression of key events associated with the company.
– Major products and services A list of major products, services and brands of the company.
– Key competitors A list of key competitors to the company.
– Key employees A list of the key executives of the company.
– Executive biographies A brief summary of the executives employment history.
– Key operational heads A list of personnel heading key departments/functions.
– Important locations and subsidiaries A list and contact details of key locations and subsidiaries of the company.
– Detailed financial ratios for the past five years The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
– Interim ratios for the last five interim periods The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

Joy Global Inc. (Joy Global) is a mining equipment manufacturing and service providing company. The company manufactures equipment used in mining of coal, copper, iron ore, oil sands and other minerals. Joy Global produces continuous miners, longwall shearers, powered roof supports, armored face conveyors, shuttle cars, flexible conveyor trains, roof bolters, battery haulers, continuous haulage systems, feeder breakers, conveyor systems, high angle conveyors, and crushing equipment, and also rebuilds and services equipment. It also distributes replacement parts and consumables in support of installed base.

Joy Global Inc. Key Recent Developments

Mar 14, 2013: Joy Global President And CEO Michael Sutherlin To Retire

Financial Professionals Are on the Front Lines in the Fight Against Financial Elder Abuse

Financial blogger

A Wells Fargo financial professional recently helped to save a client from losing money in a scam targeting senior citizens. The 78-year old client thought that he won an overseas lottery. Instead, he became a victim of financial elder abuse via a typical lottery scam. The Wells Fargo professional prevented money from being sent offshore, however money from another bank was sent out. San Francisco financial elder abuse attorneys warn senior citizens that lottery scams are abundant. California elder abuse attorneys warn the public not to fall for lottery scams.

In this case, the senior citizen victim was contacted by unknown individuals claiming to be from the Costa Rican lottery. They told the senior citizen that he had won the lottery and that he could collect a $5 million payout. Then they told the senior citizen victim that there were some formalities and that they would need some personal information to verify his identity. Additionally, they told him that he needed to send money to pay off various taxes and fees associated with the money he had won. The senior citizen victim then went to one of his banks and transferred $88,000 to an offshore account. California financial elder abuse attorneys warn seniors not to transfer money overseas. San Francisco financial elder abuse attorneys say that sending money to offshore accounts is a very risky proposition.

Next, the senior citizen victim went to his Wells Fargo Bank and attempted to set up another transfer of $50,000 to an offshore account. This time the senior citizen got lucky. The Wells Fargo financial professional knew immediately that something was wrong and refused to go forward with the transfer. Since the senior citizen client was convinced that he was one transfer away from getting $5 million, there was an unpleasant exchange between the financial professional and the senior citizen. At that point, the financial advisor contacted the family of the senior and they helped convince him that it was a scam. The financial advisor helped prevent further financial elder abuse by refusing to transfer the money. San Francisco financial elder abuse attorneys say that financial professionals can play a role in the battle against financial elder abuse.

Can Timeshare Resale Assist You On a financial basis

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In the event you personal a timeshare making use of it together with your loved ones for different holiday getaways then you realize how helpful it may be in relieving the pressure of daily existence. But, you could be considering that specifically with today’s economy, you could possibly be improved off providing it and placing the earnings in the direction of some thing else or saving them to get a rainy day. The query then becomes can a timeshare resale really aid your loved ones monetarily? The main reason prefer to ask this really is considering even though there will generally be a current market for timeshares you would like to make certain that you simply aren’t acquiring rid of a thing which is considerably a whole lot more emotional benefit than monetary guy. Certain, a fast money fixes almost always fine but you could possibly plan to take into consideration what you are giving up so that you can get it.

A thing to think of is always that ahead of you go on and produce the possibility of the timeshare resale you have to make sure that you’ve numerous points place in position. Initial of all, you should comprehend what sort of particular person you’d probably most plan to market to and insure that this form of particular person truly exists. So consequently you will will need to accomplish lots of market place study and narrow down the sort of consumer that you will be actually searching for. Although this may likely appear like really a little bit of function, inside the finish it are going to be really worth it simply because you will be competent to acquire the value that you are asking for and you also the two walk away delighted. Obviously you are able to also do it the way most men and women that and just place and that inside paper and just set available and see what occurs nevertheless, you might be waiting rather a lengthy time prior to you receive any interest.

One more detail to believe about is regardless of whether or not the total sales selling price will likely be sufficient to justify every one of the function following you have compensated for the hosting, your internet site, your advertisements, as well as your broker. You have to take on into account all these various costs when you are thinking about what you are asking cost needs to be. Normally you prefer to make certain that you just do not price tag your self out with the marketplace but you also want to make certain that you simply make some kind of earnings in the finish of it otherwise it’ll not be really worth it. A timeshare resale can guide monetarily offered you have an understanding of that I is not going to be some thing which you can use to spend off genuinely essentially be which is. Which is perfect for little objects or being a method to begin saving for that future holiday.

For alot more go to timeshare resale