The number of North American users of online accounting software vendor Xero tripled over the last year. But the company’s penetration of the market on this continent remained under one percent, Xero said this month in its report of financial results for the year ended March 31. And overall, the company’s loss also grew.

A 43-year-old CPA from Granada Hills, Calif., has been convicted of one count of conspiracy to commit bank fraud and wire fraud, and two counts of bank fraud. Carmen Denise Mosley faces up to 30 years and prison and a $1 million fine on each count after a Las Vegas, Nev., jury convicted her of participating in scheme in that state that caused $1.6 million in losses federally insured financial institutions.

A former Deloitte partner who defaulted on $110,000 in casino markers has been barred from practice before the Securities and Exchange Commission. The agency said James T. Adams, 62, had markers of more than $100,000 from the client several times while he was chief risk officer for the firm's D&T subsidiary, and visited the casino while he was an advisory partner on D&T's attest engagements for the casino.

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