Robert Barquero Case

Professional auditing standards discuss the three key “conditions” that are typically present when a financial fraud occurs and identify a lengthy list of “fraud risk factors.”

University of the Incarnate Word campus police reported the death of a student who fell from a 5th floor to her death on Thursday, Nov. 3

On exactly December 24, 2014, in Rio Grande City the Starr County justice of the peace, Salvador Zarate, was charged with two counts of bribery and one count of a controlled substance. Zarate had agreed to take 500 dollars to lower a man and a women’s bond from 30,000 to 5,000 dollars. Being under doubt, an investigation was done, and a surveillance operation was directed with a specific end goal to get Zarate in the demonstration itself. This data was conveyed to agents by a witness who was likewise the one doing the cash trade amongst Zarate and the two people. At the point when Zarate agreed to the deal, he took the 500 dollars from the source and was immediately encompassed by agents. Investigators took the cash from Zarate and after that

And as a final point, by Law, the killing of Roger Whetmore was neither willful, deliberate, nor premeditated. The study thus far has shown that the killing was not willful and the defendants had no malicious intent to kill Mr. Whetmore. If the killing was deliberate or premeditated, in spite of mitigating circumstances, the defendants would have committed first-degree murder; hence, justifying sentencing by death. However, the Supreme Court of Newgarth, like the State of Pennsylvania, “First degree murder is the highest degree of murder in Pennsylvania and generally results in the most severe punishments available under state law. To prove first degree murder, the prosecutor must show that the defendant committed a premediated, unlawful

CBC introduced the story of the Latimers. It reads: “Latimer told police he did it. He said he loved his daughter and could not bear to watch her suffer from a severe form of cerebral palsy. So he placed her in the cab of his Chevy pickup, ran a hose from the exhaust to the cab, climbed into the box of the truck, sat on a tire and watched her die.” (CBC News Canada). Robert Latimer, who was a Saskatchewan canola and wheat farmer, was convicted of second degree murder on November 5, 1997. This is because four years beforehand, Latimer took the life of his own daughter, Tracy Latimer. Robert killed her, freeing her from her pain and suffering, and went to jail as a result. Robert going to jail left an impact on everyone he was close with. He

After hearing the case it sounds as Luis case is a typical case of procedural and substantive unconscionability. Since everything that’s he mentioned about this case as the salesperson assuring him that the lawnmower that he is buying is the one he is looking for. Plus, lying about the condition and pressuring him to buy the lawnmower. Also, it’s clear that Luis had a little understanding of law and the English language. Because when he signed the contract he requested the salesperson to translate the contract for him, so he can understand what he is signing, but the salesperson assures him by saying that there was no need to worry. So, by signing the contract Luis unknowingly waived his rights of implied and express warranty of merchantability

Fraud Risk: These weakness affects all levels of the internal control environment and other areas of the company. It shows that internal controls are not as important as meeting the company’s performance outlooks. If management does not openly display ethical conduct, the expectation of fraud and misappropriation

The results that Alan Thompson was able to enact for Texaco of Canada were vast. By taking increasing sales of Texaco’s middle and high end product line, overall profitability increased.

By doing so, experts can easily identify various risk factors and their sources to determine the potential effects of fraudulent activities. The second step in FRA process is to determine whether a certain fraud scheme and risk is specific or persistent by using brainstorming technique. After identifying fraud risks, the third step is to determine stakeholders who must be involved in the assessment process. The fourth step is evaluation of different fraud schemes by type, possibility and significance. The fifth step in FRA process is the identification of different fraud risk mitigation strategies and evaluation of their effectiveness. The last step is to implement those controls or strategies to prevent further fraudulent activities in the

Bobby Smith is a 27 year old man who just earned a Master’s Degree in Business Management from Robert Morris University. He has just been hired to work as a Manager for a logistic company with a starting salary of $50,000—a pretty penny for a recent college graduate. Soon, Bobby has to move out of his college apartment and find a house of his own to live in. He knows he must sit down and come up with a budget in order to manage his money, know his available funds, and calculate the monthly expenses needed to live on his own.

Fraud is defined as a deliberate misrepresentation that causes a person or business to suffer damages, often in the form of monetary losses through deception or concealment. And Occupational Fraud as defined by the ACFE is the use of one’s occupation for personal enrichment through the deliberate misuse or misapplication of the employing organization’s resources or assets. Traditional fraud triangle theory by Donald Cressey explains that propensity of fraud occurring in an organization lies on three critical elements which are Pressure, Opportunity, and Rationalization.

All fraud cases, there are motives to commit the crime. The motives can be discovered and possibly prevented for future attempts to steal sensitive information. In the case of the cyber-attack that cause the large amount of loss can be reviewed and determine outcomes to prevent the incident from occurring in a similar fashion. The fraud opportunity triangle, including the opportunity, pressure, and rationalization, discovery of how the fraud was initiated and taking measures for future prevention is vital for company

1. What type of an issue does the case pose?—Problem, Decision, Evaluation, or rule? Or are there multiple issues?

Following are the factors affecting fraud risks and tips to counter these factors (Procedure Manual, 2013):

In our organisation we can distinguish three key areas of concentration in terms of potential fraud threats: