Securities fraud

There are about seven billion people on this planet and no one is perfect. we all make mistakes but to recognize ones mistake and try not to make it again, that makes us different. David slaney, another fruit of our fascinating world tries to learn from his mistake and survives against society. In the novel Caught, written by Lisa moore shows us character development by expressing the protagonists struggle against the society. David had gotten away from prison a year prior to his sentence had…

Facts: William sued Swine, Inc. for unlawful age discrimination. William won the suit and was awarded $4.5 million. William’s attorney fees of $1.5 million were directly paid to the attorney. William filed taxes for the $3 million that he received, but did not include the attorney fees. The IRS audited William and asserted that the other $1.5 million awarded should have been included in William’s gross income and the attorney fees should have been expensed as miscellaneous itemized deduction and…

After Queen Elizabeth died, James I rose to become king of England on July 25, 1903. He was a strong supporter of Shakespeare’s company and called them to perform for the court thirteen or more times a year. On account of King James’s robust advocacy of the company, the Lord Chamberlain’s Men changed the company’s name to The King’s Men (Chrisp and Teague 48). The King’s Men performed at the Blackfriars Theatre in winter and at the Globe Theatre in summer (Boyce 351). The main reason for this…

I have an ongoing passion for criminology and psychology within the classroom, I enjoy watching crime programmes and one of my favourites is criminal minds, I find this very interesting and educational. I have always been interested in criminology, I love learning how different techniques and methods are used for solving crimes this is something I intend to further my knowledge in, at university. Studying criminology will develop my understanding of the consequences of a crime and its effect on…

Workers compensation fraud, on the other hand, is when an employer, claimant or health care provider lies in order to gain money, advantage, and other benefits. There is a common misconception that workers compensation fraud only happens on the employee’s end but that is not always the case. Insurance fraud is one of the most expensive and common types of fraud, costing billions of dollars each year in damages across the country. Most companies never pursue insurance fraud investigations,…

The IRS Criminal Investigation is made up of about 3500 employees worldwide, of this number approximately 2,500 are the special agents whose responsibility in the investigative jurisdiction involves tax money laundering and Bank Secrecy Act laws. While there are federal agencies that have investigative jurisdiction for money laundering and also some bank secrecy violations. The IRS is the single federal body that can examine possible criminal desecrations of the Internal Revenue Code. Obedience…

Revenue Recognition Changes Caused Fraud Revenue Recognition standards as we all know has been codified or updated several times in an effort to improve the usefulness and relevance of the reporting information. The trial and error concept of identifying what criteria works across business industry in recognizing revenue instigate several opportunities. The fact that there is not going to be a general standard on recognizing revenue that is commonly suitable to all business types turn out to be…

As we have seen lots of bad news in the todays’ newspapers, many of the news are relating to the crooks and scams. Cheaters are all around the world; have you ever thinks about that you might be the next person who might be cheating by the crooks? People who have been cheated by the scalawags would have a harder life, since they give out most of their money. Crooks can really destroy a family with a short period of time. In order to know more about how the people who have been cheated live, I…

The Men Who Built America Episode 1 starts 5 Days after the Civil War, which was known as the bloodiest conflict with 6,000 deaths adding one of the greatest, Abraham Lincoln. This episode was about how the railroads had come together. The railroads started with Cornelius Vanderbilt. He began his journey starting with a single ferry that had later on become many ships. His ships were used to transport goods. Vanderbilt later on in life then decided to sell all of ships and invest in railroads.…

On January 17, 1950 eleven thief’s planned and robbed the Brinks bank in Boston Massachusetts. An overall of 2.7 million dollars was stolen, 1,218,211.29 dollars were stolen in cash and 1,557,183.83 stolen in orders and checks (Federal Bureau of Investigation). For the thieves the mission was a success. There were many factors that contributed to the success of the robbery. The team had planned the robbery for a year until perfected. They went through many rehearsals. This required equipment, a…