Research Paper (Bah Fraud and Larceny)

In this case, there are several conspirators who is involved in the fraud receiving punishment from either SEC or federal government. Robert Levin, the AMRE executive and major stockholder, and Dennie D.Brown, the company’s chief accounting officer, were subject to the punishment in the form of a huge amount of fine by the SEC and the federal government. This punishment came from reasons. After AMRE going public, the company have the obligation to publish its financial reports but its performance did not meet expectation. The investigation by SEC shows that Robert took the first step of this scam, fearing the sharp drop of AMRE’s stock price because of the poor performance of company. He abetted Brown, to practice three main schemes to present a false appearance of profitable and pleasant financial reports. Firstly, they instructed Walter W.Richardson, the company’s vice president of data processing, to enter fictitious unset leads in the lead bank and they originally deferred the advertising cost mutiplying “cost per lead” and “unset leads” amount, so that they deferred a portion of its advertising costs in an asset account. The capitalizing of advertising expenses allowed them to inflate the net income for the first quarter of fiscal 1988. Secondly, at the end of the third and fourth quarters of fiscal 1988, they added fictitious inventory to AMRE’s ending inventory records, and prepared bogus inventory count sheets for the auditors. Thirdly, they overstated the percentage

I, Deputy John Arnold, was dispatched to 3344 West 83rd Street South in Creek County, Oklahoma in reference to an unwanted subject. Dispatch advised a white male wearing a pink back pack was at the residence and was not leaving. Dispatch identified the unwanted subject as Defendant NOAH STINSON.

Phar-Mor, Inc was a thriving discount grocery store in the late 1980’s. Phar-Mor was moving product quickly but profit margins were not significant enough to pay the bills. By the early 1990’s, Phar-Mor declared bankruptcy due to fraudulent financial reporting and misappropriation of assets, making it one of the largest frauds in U.S. history. Below, we will use auditing standard AU 316.85 Appendix A in conjunction with the video “How to Steal $500 million” to analyze how incentives/pressures, opportunities, and attitudes/rationalizations allowed for fraud to start and continue at Phar-Mor.

1. The three aspects of fraud - Perceived pressure, Rationalization, and Opportunity were present in the CIT case as follows:

Deputy’s Assignment: I was dispatched to 10608 West 73rd Street on Monday, December 11th, 2017 for a larceny complaint. I spoke to Jimmy Holman who said his vehicle was broken into and items missing.

SEATTLE -- Statistics tell us that children in foster care and foster families are frequently identified as bigger troublemakers than kids who still live with their biological parents. Many wonder whether or not this is due to the lack of parental guidance in the early stages of foster care.

The amount listed is the enrollment agreement was 10,020.00 which gives a difference of :

Blame for misconduct, falsity, deception in military actions ultimately falls upon leadership and even extends to political policy makers, however, the enlisted Soldiers on the sharp end bears an equal responsibility where every misstep is documented real-time in the multi-media age we live in today. Therefore, it is essential that leaders train and educate all ranks on the importance of building trust with each other and with the civilian population while also maintaining professional behavior on and off the battlefield. The adage that it takes years to build trust but a moment to lose trust most always be on the back of a Soldier’s mind.

Thievery, the only way to get anything in this town. To go from peasants to nobles. Not too many people knew this fact but in the city of Kendash it was the only way. Kendash was know for its pyromancers, and artifacters but is now know for the thieves below the city. Few remember the pyromancers and now think they were a myth so the city could gain popularity.

There are times, leaders in the military tasked with responsibilities and commitment to ensure their soldiers are doing the right thing even when placed in many difficult situations. However, leaders must understand personnel management and task them appropriately to avoid mishaps such as Martin’s case. In depth reviews on Martin’s case indicated, his leaders did not communicate or took the time to understand Martin’s financial struggle. Prior to Martin’s sentence at the military court, he expressed his financial struggle and wished someone has approached him and provide guidance to combat the issue. Throughout this espionage case, Martin showed many indicators, however his financial struggle was one of the main reason that blinded his soul. The U.S. military has established many financial assistance programs for soldiers that struggles in this area. Resources are readily available for every single branch in the military to ensure soldiers can access financial guidance, financial counseling, and emergency loans. For instance, at the Military OneSource website, soldiers can find information on where to find help if they are unable to pay housing, medical, legal, or other expenses. Apart from that, Military OneSource also provide information related to assistance with housing and utility bills, help with food and meal expenses,

The military is not notorious for its ability to pay in abundance; however, after considering

With the awareness of the mortgage fraud epidemic. Along with the public knowledge of this fraud. It has been a known fact for at least 10 years. This is just one more of many reasons to cite probable cause.

Combating fraud in the private sector is a difficult task. Trying to combat fraud in the public sector is daunting. In 1999 15.7% of the American workforce were employed by a government entity (federal, state, and local).[1] Mirroring society, government will have its share of perpetrators. The difference from the private sector is in the scope of the fraud committed, the loss of the public trust, the blaring headlines from news media, and difficulty in making necessary changes to combat the problems.

Burglary and robbery are different in many ways, but are the same. Burglary is when a person unlawful entry to a person home or business building to commit the act of theft or a felony. When the action of a burglary is committed by someone, the victim does not have to be present at the time of the incident. (DeMille, 2016). When dealing with building types it can be numerous kind of business offices. Burglary must take place when a person only unlawfully entered your home or building without permission. Depending on the state’s the status of the laws for the offense of burglary can be considered a felony. Robbery is when a person has taken or trying to take something from another person that has value unlawfully by force, intimidation or even threatening that person. Robbery is different from burglary because in order for a person to commit the offense of robbery, a victim must be present at the time of the incident for the crime to occur. Depending on the states and the values of the item that was taken from the victim at the time of the incident the states statues of the laws for the offense of robbery can be considered a felony. (DeMille, 2016). Burglary and robbery are the same in only one category; both are considered to be property crimes.

A business can not work out without an account system, which includes internal. Internal controls are used by companies to make sure financial information is accurate and valid. Strong internal controls are signs of a financially healthy company and protect the company’s integrity. Strong internal controls can also increase a company’s profitability. There are several types of internal controls that companies used to protect themselves such as: Segregation of duties, asset purchases, supervisor review, internal audits and adequate documents and records. This paper will discuss several topics from a case study about And the Fraud