Question :

Using the Internet, evaluate a recent case in the news about business fraud that involved systems and/or information breach. Summarize the situation, recognize the control issues that were compromised and show what could have been done to mitigate the loss.

The layout of the paper must follow one of the APA styles. It must also include various in-text citations from outside sources of your choosing. Please use one of the accepted techniques for citing outside sources as outlined in the syllabus.

1. How does The company/the fraudster fit the profile of the standard fraud perpetrator? How does he differ? How did these characteristics make him hard to detect?

2. Describe the elements of the opportunity triangle. What specific concealment techniques did the company/ the fraudster use?

3. What pressures motivated The Company the fraudster to embezzle? How did The Company/the fraudster rationalize his actions?

4. The company/the fraudster had a framed T-shirt in his office that said, "He who dies with the most toys wins." What does this advise you about The company/the fraudster? What lifestyle red flags could have tipped off the company to the possibility of fraud?

5. Why do companies hesitate to prosecute white-collar criminals? What are the consequences of not prosecuting? How would law enforcement officials encourage more prosecution?

6. What would the victimized companies have done to prevent The Company/the fraudster's embezzlement?