partners working with Arthur Andersen LLP that had to pay additional penalties. Allgyer had to pay an additional $50,000, Mairer had to pay an additional $40,000 and Cercavschi had to pay an additional $30,000. Allgyer was known to many people as “the Rainmaker”. He was good at what he did especially cross-selling extra services to auditing clients. Cercavschi was already on the engagement team since early 1988, Mairer became partner on the engagement in 1993, and Allgyer became the audit engagement partner…
Words 535 - Pages 3