The Progressive Accountant

Hoosier CPA Indicted on Bank Fraud Charge

A CPA from Munster, Ind., has been indicted on charges that he stole more than $600,000 from a physician, who had hired the accountant, for his casino gambling. CPA Jack Weichman was indicted of charges of bank theft for a scheme that allegedly ran from December 2008 through 2009.

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CCH Apportionment Suite Debuts

cchThe CCH Apportionment Suite, which helps professionals distribute income of multi-state corporations among the states in which they operate. The company said many states have moved to apportionment formulas based on sales.

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Ex-Block Franchisee Pleads Guilty

A woman who owned four H&R Block franchised stores faces up to two years in prison after pleading guilty to a charge that she opened lines of credits using stolen client identities. The store owner, Sherry R. Kelley, age 41, of Exmore, Va., pleaded guilty to one county of aggravated identity theft. She had been indicted on ten counts of aggravated identity theft and ten counts of using others' Social Security numbers.

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