Shahabdonbali, Reza – Anaheim, CA

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Shahabdonbali’s AICPA membership was terminated, effective March 18, 2014, in connection with the disciplinary action taken by the California Board of Accountancy. Specifically, Mr. Shahabdonbali voluntarily surrendered his CPA certificate. This decision was a result of Mr. Shahabdonbali committing fraud, acts of dishonesty, fiscal dishonesty, breach of fiduciary duty, and theft by misappropriating client funds from a client trust account, and for using an unregistered business name in violation of Business and Professions Code Section 5060 prior to receiving a fictitious business name permit in April 2012.