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| Cross examination of Thomas Mullikin by defense attorney Andrew Frisch |
Ex-Controller Testifies He Altered Dewey Accounting Records
story by Sara Randazzo
http://www.wsj.com/articles/ex-controller-testifies-he-altered-dewey-accounting-records-1433972860
Years before Dewey & LeBoeuf LLP collapsed, the law firm’s
accounting department scrambled to avoid trouble with its banks by
making the firm’s income appear higher than it was, Dewey’s former
controller told a jury Wednesday.
In January 2009, with just days
to find a way to boost 2008 income by $25 million, members of the
department used fraudulent adjustments to get the numbers where they
wanted them, former controller Thomas Mullikin said during the third
week of a criminal trial of Dewey’s three top leaders, accused of
conspiring to defraud the firm’s banks and creditors.
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| Ex Controller Thomas Mullikan testifies at the trial of Steven Davis, Stephen DiCarmine and Joel Sanders "Did you falsify accounting records to make it appear the firm’s
financial condition was better than reality?” Assistant District
Attorney Steve Pilnyak asked. “Yes I did,” replied Mr. Mullikin, who
left Dewey in June 2011, less than a year before the firm collapsed into
bankruptcy. |
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| WSJ's Sara Randazzo and ALM's Nell Gluckman covering the trial as ADA Steven Pilnyat questions Thomas Mullikan |
ALM's Nell Gluckman: Dewey Recap: Focus on Firm's Borrowing
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