McGovern & Greene Names New Managing Director
Chicago, March 9, 2015
Paul B. Cogswell, JD, CFE, CPP, has been named managing director of the Compliance and Corporate Investigations Practice at McGovern & Greene LLP.
Formerly with CNA Insurance in their risk management practice, Mr. Cogswell has also served as the Vice President of Risk, Compliance and Security for Ceridian Corporation in Bloomington MN, a fortune 500 human capital technology, financial services, and Government Solutions Company for the past 10 years.
"Paul brings a depth of experience to our practice that enables us to further serve our clients in compliance, complex investigative, and dispute advisory matters." said James McGovern, co-founder and managing partner of McGovern & Greene, LLP. "We are glad to have this depth of expertise available as part of our core team." Read more.
You may be able to save more for retirement in 2015
Many retirement plan contribution limits increase slightly in 2015; thus, you may have opportunities to increase your retirement savings:
Other factors may affect how much you can contribute (or how much your employer can contribute on your behalf). For example, income-based limits may reduce or even eliminate your ability to take advantage of IRAs. For more information on how to make the most of your tax-advantaged retirement-saving opportunities in 2015, please contact us.
The American Gaming Association (AGA) released a first-of-its-kind study of the economic impact of the casino gaming industry in its totality. The Associated Press and CNBC have already reported on this groundbreaking new research.
Released as part of AGA's Get to Know Gaming campaign, Oxford Economics found that the U.S. gaming industry:
• Contributes $240 billion— nearly a quarter-trillion—to the U.S.economy, which is equivalent to the total state budgets of New York and Texas combined;
• Supports more than 1.7 million jobs—more than double Washington, D.C.'s total employment—and nearly $74 billion in income;
• Generates $38 billion in tax revenues to local, state and federal governments – enough to pay more than half-a-million teachers' salaries.
Oxford conducted an in-depth analysis on the economic impact, tax revenues and employment figures of commercial casinos, Native American casinos and gaming equipment manufacturers as well as our industry's significant ripple effect, which supports local businesses and communities.
The Association of Certified Fraud Examiners (ACFE) release their
2014 Report to the Nations on Occupational Fraud and Abuse
The Cost of Occupational Fraud
There is considerable attention paid to determining the overall cost of fraud. Executives want to know how significant the risk of fraud is to their companies, anti-fraud professionals need to justify budgets and satisfy performance metrics and the media and general public are curious about just how much money white-collar criminals are taking us for.
This ACFE report is based on 1,483 cases of occupational fraud, as reported by the Certified Fraud Examiners (CFEs) who investigated them. The analysis of these cases provides valuable lessons about how fraud is committed, how it is detected and how organizations can reduce their vulnerability to this risk. Read the 2014 ACFE Report.