beginning of 2001 but they forced to disclose their accounting practice in October 2001 and which is appeared as very creative and generally unaccepted high-risk accounting practices. This paper examines three person namely Jeffrey a Shankman, Kenneth lay and Louise Kitchen – their involvement in the scandal or relation with Enron Corporation. Their email data files are analyzed using Email forensic analysis tool MailXaminer to find various…
After much study, psychologists have uncovered many ways to control the mindset of people. Many marketers have adopted the strategies of mind manipulation in order to more effectively accomplish their goal. Some of the ways used in advertising are effective sounds, color, and dialogue. The Doritos Company has utilization of a tagline that influences the reader to take part in the “Crash the Super Bowl” contest. In effect, thousands of people filmed their own commercial of Doritos and entered the…
Eddie Antar started a small electronic business in New York City in the year 1969. Antar dominated the NYC electronic markets around 1987 with 43 retail outlets, sales exceeding $350 million, and stock with a collective market value of $600 million. Antar personally realized more than $70 million from the sale of Crazy Eddie stock during his labor as the company’s CEO. Crazy Eddie collapsed in the 1980s after several allegations of financial wrongdoing from behalf of Antar and his associates.…
No Country for Old Men by Cormac McCarthy is a story consisting of two main themes. They are violence and greed. The personality of one of the main characters provides an additional grotesque element as well. Each of these three topics are direct results of each other, the physical violence was a result of the greediness of Moss and the personality of Chigurh determined the amount of physical violence that happened in the story. The first theme in the story is greed. Llewellyn Moss came by…
I Herbert Hoover was born aug,10,1874 with two other siblings in a two-room, cottage built by my father in west branch iowa .When I was six my mother Lou passed away due to a heart attack and when I was 9 years old my father Jesse died .When I was 11, I was put on a train going westbound to live with my mom's brother. I had so little money that some times I lived in the barracks housing construction workers building a university. I went to Stanford University and I served as financial…
share trading at about $90. However, the public did not know, how the success of the company was a complete lie and one of the largest examples of a white-collar crime in the history of business. Kenneth Lay, CEO worked to engineer the merge of Natural Gas Company. As CEO at the time Kenneth Lay merged with Internorth Incorporated. At the time, Samuel…
White-Collar crimes can be defined and is refer to as the unethical business practices committed by people in the course of their work lives. In recent years, around a decade ago one of the biggest multinational companies, “Enron” served as a synonym to white-collar crime and a formal definition of deviant behavior. The companies executives practiced false accounting; falsifying profit while inflating the value of Enron, by 2001 the company filed bankruptcy. Enron found a loop hole in society…
Wells Fargo was caught in a scandal where employees would create fake emails and secretly issue credit cards without the customer’s consent. Employees opened more than 1 million bank accounts and issued more than half a million credit cards. As a result Wells Fargo fired the suspected employees for opening accounts without authorization of the customer. This led to employees to file “A class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas…
Ben Parker, uncle to our very own Spiderman once said that, “With great power comes great responsibility,” something many corporate leaders of today simply do not understand. They are driven by greed and avarice to satisfy their selfish ambitions. This often comes at a very high price, the burden of which, more often than not, is borne by the society at large. In almost every case, these individuals build up a good public image of themselves, in the end only to betray the ones who trusted them.…
Based on true events, Boston attorney Jan Schlictmann takes on two powerful businesses suspected of polluting the drinking water in Woburn Massachusetts. Schlictmann, a wealthy and successful personal injury attorney, finds himself entrenched in a long and expensive legal battle with Beatrice Foods, W.R. Grace, and a local tannery. Schlictmann intends to prove that these businesses neglected to properly dispose of harmful chemicals such as silicone and trichloroethylene. Motivated by greed, the…