Internet fraud

stated his investors had themselves to blame because they were smart, savvy investors (Saulny, 2015). Sadly, Madoff’s lack of value, ethics, and poor judgement has led to him spending a 150 year sentence in federal prison for the $17 billion investment fraud (Eustachewich, 2015).…

There are many different scenarios that can lead to unethical behavior in accounting. For example, if a CEO makes 200,000 grand in one year but falsifies his records to indicate that he only made 100,000 then that is unethical. Many corporations find loopholes to try to squeeze through because they do not want to have to pay taxes or other fees. Embezzlement is also another type of unethical behavior; this is what led Enron to destruction. There are rules in place to prevent these types of…

An online drop-box where whistleblowers could anonymously share classified documents. It takes an unconventional mind to imagine and create an organisation like WikiLeaks. Most certainly, Julian Assange, its founder, is one particular character. The Australian-born has been described as a “criminal endangering both governments and individuals and by others a hero devoted to revealing vital hidden truths.” His paranoïa and predominant interest in conspiracies towards controlled information led…

I had said that the minimum or the max would have been okay, yet I wanted to max them out. I told Ralph that the torture for the e-s will be so severe that I Am fine with the minimum even, however. Ralph did not really understand what all I meant at the time, yet he had to listen to things for a long time. He also discussed such matters and had to weigh several things just like anyone who is a sane judge would have to do if they were in such a circumstance. Heaven had joked at one point and…

Payroll Scheme A. What measures could have been taken to prevent the fraud committed by Katie Jordan or detect it earlier? o Aramis Properties clearly fell victim to a ghost employee payroll scheme perpetrated by Katie Jordan. (Wells, 2014) The company could have prevented or detected the crime earlier if they added a few measures that strengthen their internal controls. Like most companies that fall victim to fraud, the mangers placed too much trust, in an employee, Jordan’s boss…

Holden Caulfield is a 16 year old boy, who is can be childish at times and skeptical of the world around him, however, this is because of his hard and troubling past that lead him to become who he is now. Holden has a unique way of looking at things, he thinks that practically anyone and anything can be phony, always saying things like ‘I found it phony,’ or ‘they were being phony’ and even, ‘it was all phony as hell’. He seems to use a lot of the same words over and over again, this could be…

of returns she can make, or lose her return privileges all together. There is a company named The Retail Equation that provides a service called Verify Return Authorization which is designed to identify consumers whose activities demonstrate return fraud or…

Have you ever been hacked? Not in the “Haha I took a funny picture on your account hacked,” but the scary moment when you realize your passwords have been changed and you can’t access your bank account anymore? If you haven’t, count yourself lucky, because Security Researchers state that almost half of the population of the United States has been hacked, or have had their private information leaked to the web. Many times you don’t even know it’s happened. Companies don’t like sharing information…

During the time period of 1990 to 2000 financial statement fraud was pretty common. Various firms were engaged in financial fraud without thinking that the investors, and other stakeholders rely on those financial statements and the opinion of the auditor on those financial statements. The Sarbanes-Oxley Act was created because of the multiple accounting scandals of WorldCom & Enron in July 30, 2002. Because of that the investors lose billions of dollars, this negatively impacted financial stock…

Throughout this course we have learned that there is a clear connection between organized crime and public officials, such as law enforcement, lawyers, judges and even the president. But corruption is not only prevalent with politicians and public officials. It also instills legitimate businessman as well. The reality is that organized criminals, legitimate businesspeople, and government officials are equal players in a marketplace of corruption (Lyman, 2015). The organized crime and…