Mark Mershon Scheme Quotations

The pleas entered today are admissions of guilt in one of the largest corporate accounting fraud schemes on record. This apparent but ephemeral performance by the company propped up its stock price, causing investors to suffer untold losses when the scheme collapsed.

This joint investigation ... effectively dismantled a fraud scheme that thrived at the expense of the many parishes, schools, and health care facilities that could have used that money to support their essential services.