Accounting 571: Advanced Accounting Information Systems | Computer Fraud | | By | [Type the author name] | 9/14/2013 | DeVry University’s Keller Graduate School of Management | A University of Oklahoma student was charged with computer fraud on May 16, 2013 by the Cleveland County District Court. The University of Oklahoma student, Roja Osman Hamad, is accused of improperly changing his grades. Roja Hamad now faces five counts of computer fraud. Mr. Hamad was a former student employee
Words: 1093 - Pages: 5
nk Abagnale was an intelligent man. One of the most successful con men in history, Frank lived as a pilot, doctor, lawyer and an FBI agent all before his 21st birthday. His primary technique was defrauding banks using different fake check schemes eventually amounting to over 2.5 million dollars. Along with a friend, Frank wrote his story which was later turned into an autobiographical film starring Leonardo DiCaprio and directed by Steven Speilberg. Much of what Frank accomplished in the
Words: 347 - Pages: 2
Frank Abagnale was an intelligent man. One of the most successful con men in history, Frank lived as a pilot, doctor, lawyer and an FBI agent all before his 21st birthday. His primary technique was defrauding banks using different fake check schemes eventually amounting to over 2.5 million dollars. Along with a friend, Frank wrote his story which was later turned into an autobiographical film starring Leonardo DiCaprio and directed by Steven Speilberg. Much of what Frank accomplished in the
Words: 334 - Pages: 2
Franzee Barlamas Ponzi Scheme Assignment Advanced Fraud Accounting March 30, 2016 1. According to the Securities and Exchange Commission a Ponzi scheme is “an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors.” The scheme got its name from Charles Ponzi who created the first ever Ponzi scheme in the 1920s. Ponzi manipulated thousands of New England residents into investing in postage stamps for a return of 50%
Words: 452 - Pages: 2
Christian Hufford Ethical Issues in Business Business Ethics BA 338 Business Ethics Unit 4 Individual Project August 5, 2014 Professor Loschiavo Pyramid schemes and Ponzi schemes share many similar characteristics in which unsuspecting individuals are fooled by unscrupulous investors who promise extraordinary returns. However, in contrast to a regular investment, these types of schemes can offer consistent “profits” only as long as the number of investors continues to increase. Ponzi and
Words: 746 - Pages: 3
Running head: Certified Fraud Examiner Written Assignment: Certified Fraud Examiner Christina Berrios Advanced Auditing Concepts and Standards Tiffany Krogman 2/8/15 Certified Fraud Examiner The Association of Certified Fraud Examiners is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. It is their mission “to reduce the incidence of fraud and white-collar crime and to assist the Membership in fraud
Words: 490 - Pages: 2
10 Internet Scam 1. Phishing scams Phishing email try to trick the intended victim into visiting a fraudulent website disguised to look like a valid eCommerce or banking site. The victim thinks they are logging into their real account, but instead everything they enter on the fake site is being sent to the scammers. Armed with this information, the scammer can wipe out the victim's accounts, run up their credit cards, or even steal their identity. 2.Nigerian 419 Scams Nigerian 419 scams (aka Advanced
Words: 850 - Pages: 4
Ponzi Scheme: A key element to comprehending the “Bernie” Madoff Scandal is understanding the concept of a ponzi scheme and how they are spotted on the markets. The operations of a ponzi scheme are complex and are reliant on the joint effort between multiple scam artists to be successful. Unlike common market schemes where a company or organization attempts to gather victims in mass for a large return, a ponzi scheme focuses solely on a small group or individual. The idea behind a ponzi scheme is
Words: 725 - Pages: 3
largest proportion of revenue is derived from regular and business passengers. For this reason, it is important that you take consumer and business confidence into account on top of the regular factors that one should consider like earnings growth and debt load. (For more about the consumer confidence survey, see Economic Indicators: Consumer Confidence Index.) Business travelers are important to airlines because they are more likely to travel several times throughout the year and they tend to
Words: 303 - Pages: 2
Economic Research at http://www.nber.org/releases/, The Federal Reserve at http://www.federalreserve.gov/releases/h15/update/ Review the most recent 8 – 12 months of data on real GDP growth, inflation/CPI, unemployment, Interest rates, consumer confidence index, consumer sentiment index, inventory level, and other relevant economic data. Based on the collected data, analyze the current macroeconomic situation and its impact on any two(2) Monopolistically competitive firms of your choice. Explore
Words: 377 - Pages: 2
