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    Accounting Ethics: Did Barry Minkow turn over a new leaf?

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    Barry Minkow is back in the news...in a bad way. Apparently Barry did in fact "turn over a new leaf"...he went from a Ponzi Scheme to insider trading.

    I am a believer that you can help a basically honest person make better decisions by teaching them ethics, but I have doubts...more now...that an unethical person can be taught to be ethical or that they can truly be "reformed".

    Take a look at Barry's new story...as well as any other former white collar criminal who has supposedly "turned over a new leaf" and give us your thoughts on my proposition of "once a crook, always a crook".

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    Solution Preview

    Barry Minkow, at an early age of 23, was convicted of 57 frauds as was sentenced to prison for 25-30 years. He served 7 years and got out early to get into another financial crime.

    Similarly Sam Antar was also accused of major financial scams of ...

    Solution Summary

    The expert determines if Barry Minkow turns over a new lead in accounting ethics.