Fraud Essays

Traditional crimes, otherwise known as street crimes, violate state and federal laws without the use of a computer and/or internet. Rape, homicide, distribution/using of illegal substance, assault, burglary, breaking and entering, possession of unregistered firearm, etc. are some examples of traditional crime. Just like traditional crime, cybercrime is inevitable and unavoidable as long as computers and the internet are around. It can pick and choose its victims at random and although there are ways

in 2002, one being less fraud occurring within companies. Companies like Enron were a main reason for the creation of the Act. Enron was reporting huge numbers in profits, but on the flip side the company was going further and further into debt. “Between 1996 and 2000, Enron reported an increase in sales from $13.3 billion to $100.8 billion.”(Ackman, D. (2002, January 15) .What Enron did was covering up the losses they had with putting them up profits. This caused major fraud to be committed within

however, it involves deceit, corruption, and a breach of trust. Internet hacking can be involved with identity theft and fraud involving credit cards, e-commerce, and securities. All of those crimes can be considered up to a felony depending upon how serious the offense was. One of the first laws dealing with the computer crimes dates back to 1984 when the Federal Computer Fraud and Abuse Act was passed. The act prohibits accessing a computer without the authorization, or in excess of authorization

Introduction: This paper explores white collar crime and elaborates on the types of organized crimes through the analysis of case studies. Furthermore, I will also discuss the differences and similarities between professional crime and organized crime. White collar crime is the use of deceptive acts to solely benefit oneself, often leaving many victimized. Within this paper, I explain which theories best clarify why individuals partake in these criminal behaviors, and preventative methods. In addition

investors in the form of an accounting scandal which cost investors approximately $6 billion (Bloomberg News) and was described by Thomas C. Newkirk, associate director of the SEC's Division of Enforcement as "one of the most egregious accounting frauds we have seen" (SEC). What Mr. Newkirk is

preparing for possible issues is vital to our organization’s success. Several key points and issues should be reviewed prior to entering into any contracts. The following information will be discussed in this memo: 1.) The impact of occupational fraud and abuse on the company, 2.)

As the internet grows vastly the more dangerous it becomes to its users. With the new advances in technology cyberspace fraud has been increasing. These new advances have made the internet vulnerable to various kinds of e-commerce fraud. New techniques to detect and prevent cyber fraud have been developed to discover and prevent criminals before the fact, rather than after the damage have been done. Individuals and businesses should recognize each new cyber attack and make themselves aware of the

What Does an FBI Agent Specializing in Accounting Do? What an FBI Agent specializing in accounting does will depend on their specific department, but most will perform auditing, fraud and forensic duties. Here are four of the most common FBI-based accounting jobs. Forensic Accountant Forensic accountants plan, implement and oversee complex auditing investigations that support litigation activities. They analyze paper and digital bank, financial and business records. They use database tools to

Financial fraud is a significant problem faced by organizations of all types, sizes, locations and industries. Groupon company is trying to shed its image as a failed email-based daily-deals website after a lot of allegations of false financial accounting about their profit to the public. In this case, Groupon has to go through again its business model about the spending and earnings for its company. It is expensive to hire 15,000 workers that works for the company in sending email to Groupon subscribers

various forms of cash fraud. One of the common schemes is cash larceny. Cash larceny refers to employees intentionally taking away cash from their employer without the employer’s knowledge and consent (Wells, 2014). Employees who have direct access to cash are more likely to commit cash larceny (Wells, 2014). Cash larceny is more likely to occur if there are weak internal controls in an organization. Weak internal controls make it difficult to prevent and detect an occurrence of fraud. This paper seeks