Business Fraud

Business Fraud Jamaine Q Williams Dr. E. Konwufine Acct 564 April 29, 2012 Assignmen#1 Abstract In this topic that youre about to order I result be talking about Stanford pecuniary Group and how it quickly tumbled prevail over hill from charade. I will compose a sum-up of the baptistery. Include how the fraud was perpetrated, the characteristics of the perpetrator(s) who committed the fraud, the role the auditor(s) had in the case, and the conduce and in consider effects the possibility had on the agreements s lay downholders (customers, vendors, employees, executive committee, and board of directors).Suggest the fraud classification(s) the case can be categorized into (based on the info touch model). Include your rationale for the classification. Suggest the type of controls that whitethorn put on been in place at the time of the violation. root on two (2) types of controls that could be implemented to prevent fraud in the future and additional steps manag ement can say to mitigate losses. Judge the punishment of the crime (was it appropriate, too lenient, or too harsh) and whether the punishment would serve as a impedimenta to similar acts in the future and use at least(prenominal) tierce (3) quality academic resources in this assignment. Compose a abridgment of the case.

Include how the fraud was perpetrated, the characteristics of the perpetrator(s) who committed the fraud, the role the auditor(s) had in the case, and the direct and indirect effects the incident had on the organizations stakeholders (customers, vendors, employees, executive committee, and b oard of directors). R. Allen Stanford contr! olled the Stanford Financial Group, the Texas billionaire was charged on February 13, 2009 with perpetrating an $8-billion enthronisation fraud, cast himself as offshore investment guru to the transatlantic green set and benefactor to the Caribbean islands poor through multimillion-dollar promotions of their costly delight of cricket. Stanford financial Group was comprised of several affiliated...If you want to operate a full essay, order it on our website: BestEssayCheap.com

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