Connor Osborne IDS 1010 11-5-14 Detailed Outline & Main Point Revised Thesis Statement Online dating comes with the high possibility of getting involved with different types of fraud accounts. Detailed Outline I. Intro A. Thesis Statement B. Fraud Account Characteristics C. Scams From Fraud Accounts D. Romance Scams II. To avoid fraudulent activity online daters must be aware of the characteristics of these fake accounts. A. Over Romantic a. Take things
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Casa 2-4 Spyware can be good but also bad so we are going to compare the good vs. the bad. The definition of spyware is a program that is install into your computer and gathers information wether for good or bad reasons. Lets talk about legitimate spyware and there are many. For example, Cookies: computers automaticly have cookies to track were you been and it records its. For business side it a good idea to have cookies because it can tell you whether the person is on or how many times
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Report case of Bernard Madoff’s Ponzi Scheme. I. Nature and background of firm or person. * Bernard Lawrence "Bernie" Madoff was born in April 29, 1938. He is an American swindler convicted of fraud and a former stockbroker, investment advisor, and financier. He is the former non-executive chairman of the NASDAQ stock market. * This financial fraud admitted case of a Ponzi scheme that is considers be the largest financial fraud in U.S history. II. Ethical issue * Since the arrest
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BA 310 Case Study #1 In any business instances whether it be directly dealing with money, or any type of contract or agreement it is imperative to have trust between the two parties. This is to ensure that the process is successful and handled correctly. In the case study Madoff gained an insane amount of investors by promising them they would have a guaranteed return on their investment. Later on, the investors figured out that the money they invested was
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The fraud perpetuated by Bennie Madoff was one of the largest and longest running Ponzi schemes in history and it caused a ripple effect throughout our country and beyond. There were a considerable number of people and organizations harmed; many were directly affected, but an even larger number were indirectly impacted. Clearly the investors that he defrauded were harmed, both by losing substantial amounts of and by losing faith in investment professionals and financial markets as a whole. But
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The Ponzi scheme is named after an Italian immigrant named Charles Ponzi. Charles Ponzi is known for financial crimes by conning investors into giving him millions of dollars. He would pay investors through returns funded by other investor’s money. His returns was investigated by the Boston Post, which lead to his arrest and later conviction. He was brought up on 86 counts of mail fraud and was sentenced to 14yrs in prison. Charles Ponzi died in Rio de Janeiro, Brazil, with no money (biography.com)
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What is a Fraud? A fraud is when one party deceives or takes unfair advantage of another. A fraud includes any act, omission, or concealment, involving a breach of legal or equitable duty or trust, which results in disadvantage or injury to another. In a court of law it is necessary to prove that a false representation was made as a statement of fact, that was made with the intent to deceive and to induce the other party to act upon it. It must be proven that the person who has been defrauded
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| Internet Scam Artists | | | [Type the author name] | 4/25/2012 | Abstract Scam Artists have been around for centuries. As technology increased so has a new breed of con artist; the online scammer. Using the Internet, the online scammer has become more successful in defrauding a large target audience. This success is the focus of much concern in the past few years. Much is being done on multiple levels of government and within the public and private sectors; online fraud is still
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ESSAY CASE: ‘Ponzi schemes’ ‘Ponzi schemes’ are scams in which investors are promised exaggerated profits (often short-term) from supposedly can’t-miss investments. If and when early investors are paid returns, the money doesn’t come from actual investment gains; it comes from new cash pouring in from later investors. Initially the promoter will pay out high returns to attract more investors, and to lure current investors into putting in additional money. Other investors begin to participate
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CATCH ME IF YOU CAN SEC 1 of NIL states the requirements of an instrument to be negotiable. SEC 185 of NIL defined a check that is a bill of exchange drawn on a bank payable on demand. Frank Abagnale Jr. uses forges payroll checks from PanAm Airlines. Cashier’s check means that it is drawn by the cashier of a bank upon the bank itself, payable on demand to the payee and it is accepted practice in the business sector that a cashier’s check is deemed as cash. Frank uses this kind of check in order
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