Questions from Fraud Examination

Q: In June 2000, the SEC brought civil charges against seven top

In June 2000, the SEC brought civil charges against seven top executives of Cendant Company. The SEC alleged that these officials had, among other things, inflated income by more than $100 million thr...

Q: Briefly research a recent publicized fraud to become familiar with the major

Briefly research a recent publicized fraud to become familiar with the major facts involved. Identify ways that a fraud investigator could add value in the 1. investigation, 2. legal follow-up, and...

Q: When O. J. Simpson was tried for the murder of

When O. J. Simpson was tried for the murder of his wife, Nicole Simpson, he was ruled not guilty in the criminal court hearings. However, when Nicole Simpson's family sued Simpson civilly, he was orde...

Q: You are a manager for a large department store. It has

You are a manager for a large department store. It has recently come to light that a receiving clerk has been stealing merchandise. About 55,000 has been stolen. The clerk has stopped stealing, and th...

Q: Answer the following two questions: 1. After being named

Answer the following two questions: 1. After being named as a defendant in a corporate fraud case, the XYZ accounting firm was found guilty of negligence and fined $25 billion. As a partner for the f...

Q: You are involved as an expert witness in a case of alleged

You are involved as an expert witness in a case of alleged fraud by top management against the corporation. Supposedly, working in collusion, top management defrauded the company of $5 million over tw...

Q: Bobby Jones, an accountant for ABC Corporation, has been suspected

Bobby Jones, an accountant for ABC Corporation, has been suspected of committing fraud. Some information already gathered about the fraud points to Bobby Jones as the most likely perpetrator. In his s...

Q: You are an internal auditor at Dunder Company. An employee of

You are an internal auditor at Dunder Company. An employee of Dunder has phoned in an anonymous tip that a fellow worker, Jane, might be embezzling money. Jane has been a trusted employee of the compa...

Q: John was recently convicted by a jury of committing fraud against his

John was recently convicted by a jury of committing fraud against his employer. After the trial, it was revealed that some key evidence against John used in trial was obtained through his employer's r...

Q: The FBI is on the trail of a drug supplier in Pineville

The FBI is on the trail of a drug supplier in Pineville, USA. The Feds believe that the supplier works at OHS Manufacturing, the employer of 75 percent of Pineville's citizens. The FBI asks OHS Manufa...