Fraud Case Analysis Rita Crundwell started working for the City of Dixon’s finance department as a high school student, but she eventually became the city’s treasurer and comptroller in 1983. Seven years after her appointment, she began a twenty-two-year fraud scheme that enabled her to embezzle approximately $54 billion dollars from the taxpayers she was serving. To embezzle the municipality’s funds unnoticed, Crundwell discretely opened a bank account at the Fifth and Third Bank…
According to the Webster dictionary, the meaning is the freedom from unauthorized intrusion: state of being let alone and able to keep certain especially personal matters to oneself. Unfortunately, employees don’t place a high regard on the security of an individual’s personal information which causes a decrease in their intrinsic value. Which means this will touch on the moral side of principles, their behavior is the problem in all these cases, leaving unattended passwords, rooms unlocked…
Chapter 2 A review about VW Diesel affair 2.1 Outline The diesel gate emission scandal came into picture in 18 September 2015 when (EPA) Environmental Protection Agency of US found that VW Group had manufactured diesel cars by installing a fraud software known as “defeat device” to cheat emission tests. By the violation of the Clean Air Act this software manipulates the NOX emission rating in order to meet US Tier 2 standards during the laboratory testing, but emit nearly 40 times more NOX…
One of the internal control deficiencies that found in Societe Generale is the incapability of back office in detecting and inspecting the fraud activities. Based on the case study, we know that the back office staffs are unaware about the responsibilities to disclose the abnormal or significant transaction to their supervisor, because it is not specifically stated in their job description. Besides that, even though the back office staffs have discover some abnormal transactions that may cause…
that there are security measures and steps the buyer goes through before the cardholder gets the purchased product. Also a credit card has more ways to protect people against fraud. Credit card companies spend money to get the right equipment that helps them detect when fraud is going to happen. David Wayne and his partner Charles F. Pigg states there is a filter that detects fraud before it actually happens, the credit card companies are always on the lookout for fraud. Security is taken…
In general, intellectual property ethics involves fair treatment, moral obligation to reveal the originator, and the compensation of the work. Company employee’s intellectual property ethics includes the following (Global Ethics Solution): • Protecting the company’s intellectual property and act responsibly with the sensitive information of vendors, customers, contractors, and other business partners. • Using confidential information only for the purpose for which it was intended. • Sharing…
On May 3rd 2007 Madeleine McCann was abducted from a holiday resort in Praia da Luz, a small town located in the Algarve region of Portugal, after being left with her twin brother and sister in an unlocked apartment while her parents dined with friends in a nearby tapas bar (Overington, 2011b; Rehling, 2012). Her disappearance prompted what has been referred to as “the most heavily reported missing person’s case in modern history” (The Daily Telegraph, 24 April, 2008), with saturation coverage…
When addressing the notion of specific jurisdiction the court must determine whether the events that gave rise to the lawsuit were sufficient to constitute at minimum contracts. These minimum contracts are established when either the defendant purposefully directs their activities to the state and or the defendant has purposefully availed themselves to the benefits of the state. The argument of the defendant “has an ongoing contractual relationship with a sales training company located in…
Professional breathalyzers I have never come across any type of breathalyzers designed for maximum accuracy. I believe you have used the professional breathalyzers without even noticing. They are commonly used by the police officers when cracking down those drinking and driving. That’s not all; it can generally be used for variety of professional testing applications. It can also be used for personal use. Professional breathalyzers are reliable as they cannot produce defected results. Here are a…
been installed on your computer without your knowledge. According to its official website, it has popular viral video from around the internet. But, this extension is generally referred as dubious adware. That is promoted through other free downloads as a tool, where this is especially useful to online shoppers because Safe4Search is to surf the Internet to its users. It is very likely that Safe4Search virus will appear in all the most popular web browsers on your computer (mainly on browsers…