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Canopy Financial Faces SEC Fraud Charges

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Canopy, which provides a platform for administering and managing health savings and flexible spending accounts, is headquartered in Chicago and has offices in San Francisco and New Jersey. It filed for Chapter 11 bankruptcy in Illinois last week. The alleged fraud came to light when KPMG discovered that Canopy had been claiming that its financial statements for 2007 and 2008 were audited by KPMG.
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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.

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