Click fraud

David Meyers Principles of PR Kenna Griffin Case study 4 – Equifax 15 September 2017 Equifax, a consumer credit reporting agency had its security breached. This issue is affecting individuals all over the world. Personal information of people has been accessed by cyber criminals who hacked into the database of the organization. It is known as one of the worst hacks ever due to its range and the information that was exposed to the public. Equifax have been called out by the public for a scarce…

a story of corporate fraud, cover-up, and manipulation. In the text, Tanzie Lewis exposes the crimes she has committed in the past. However, the major question remains if she has learned any lessons from the dirty dealings that she was a part of. The presented analysis outlines a book report on Phillips work. Fraudster’s Fraud Triangle Elements Pressure The desire to achieve self-gains is one of the factors that drive the actions of a fraudster who engages in corporate fraud. Financial strain…

 The Bank NSP Case In this case the management trainee in a bank who used to exchange some E-mails with his fiancé using the computers of his company. After sometime, they broke up and the girl developed a grudge against him and fraudulently created some E-mail IDs and sent E-mails to the boy’s foreign clients, using the bank’s computers. Due to this the boy’s company lost many clients and a case was filed against the bank in court. The bank was held liable for those E-mails sent using Bank’s…

According to the senior prosecutor Lee Won-seok , president Park Geun-hye was accused of letting her “long-time friend” Mrs. Choi Soon-sil, “who had no official position, intervene in state affairs…”, take advantage of the relationship with her to “pressured on business companies to offer bribes, thus taking private gain”, stated by Harris (2017). On the other hand, according to Zgheib (2015), bribery is “ the attempt of offering,…, soliciting of something else of value to an individual or…

problem which have resulted in significant financial loss to victims. A few well-known white-collar crime case made headline to aware of the seriousness. They are Enron collapse in 2001, WorldCom financial fraud in 2002, Bernie Madoff Ponzi Scheme in 2008 and Leman Brothers scandal in 2008. These frauds all linked to large amount of money. According to Friedrichs (2009), the financial damage result from white-collar crime in the United States with an estimate of $250 million to $1 trillion.…

In order for the fraud to be successful, it was imperative that the fraud be concealed from the auditors. Being that the bulk of key personnel concerned with the fraud were former auditors for Coopers, this was not hard to attain. These employees knew the audit planning strategies that would be implemented. Coopers historically did not perform audit testing of zero balance accounts, this would mean the “bucket-account” used to hide personal expenses would not be reviewed by the auditors. Coopers…

Is There a Right Password Years ago people use to worry about their homes been burglarized or getting robbed in the store by pick pockets, but, today that is not the case. With the rapid growth of technology every day, cybercrime has taken over from pick pockets and burglars. “crimes conducted via the internet or some other computer” (Evans, Kendall and Poatsy). With all the dilemmas that the society has to deal with, creating a secure password to protect our personal information from cyber…

Although there is no specific crime data for Conley Terminal or the Black Falcon Cruise Terminal, the number and type of crimes perpetrated in South Boston is staggering. In a one month period (12-Sep-16 to 12-Oct-16), South Boston experienced 105 incidents of criminal activity including 27 incidents of theft, 17 incidents of vandalism and 16 assaults. While crime analysis is important, it is not a primary concern for port security professionals. According to Ron Catudal, crime analysis is…

Donald Cressey’s “Fraud Triangle” is a classic model used to clarify a widely-supported hypothesis of why the occupational offender commits fraud. (Sridhar Ramamoorti , Daven Morrison ,Joseph W. Koletar, 2009)According to the ACFE, occupational fraud is“the use of one’s occupation for personal enrichment through the measured misuse or misapplication of the employing organization’s resources or assets. The source of fraud lies in voracity and the opportunity for deception. It has severely…

The fraud perpetrated at Rite Aid could have been detected through the reconciliation of liabilities with monthly statements from the creditors. By reconciling the liabilities with the vendors’ statements, the auditors would have been able to detect any omission of liabilities or the reversal of expenses as was the case at Rite Aid. Also, the auditors could have used analytical procedures such as ratios for the year of audit and compared it to prior periods to detect unusual patterns or trends.…