The Progressive Accountant

Blackbaud Hires Education, Healthcare Heads

Russ Cobb, BlackbaudNonprofit software vendor Blackbaud has hired presidents of two groups that address key vertical markets. The Charleston, S.C.-based company has picked Tim Hill, as president of its Higher Education Solutions group and, Russ Cobb, as president of its Healthcare Solutions group.

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CPA Hit with Bank Fraud Charges

A Glenn Mll, Pa.-based CPA has been on four counts of bank fraud. Horrow,zΩwho owned the accounting firms, Horrow and Associates accused of helping a client acquire $13 million in mortgage funding by providing clients with tax returns with inflated income.

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Return Fraud Earns CPA 15 Months

Roger Stadtmueller,, CPAA CPA based in Spokane, Wash., has been sentenced to 15 months in prison for filing bogus corporate income tax returns. Roger Stadtmueller, who owned Stadtmueller & Associates, must also pay $400,000 in restitution to the Internal Revenue Service for understating income for his firm's parent company, by roughly $1.8 million for corporate returns for 2006, 2007 and 2008.

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