different way to bring in a steady cash flow. He becomes a pilot for Pan Am Airlines as a “deadhead” who is a backup pilot and therefore does no actual flying on the plane. Meanwhile the FBI’s fraud division has caught on to Frank’s scams and begins to track him down with one detective leading the investigation: Carl Hanratty. It becomes Carl’s personal goal to find Frank with little to
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CASE 1.9 ZZZZ Best Company, \nc. On May 19,1987, a short article in The Wall Street Journal reported that ZZZZ Best Company, Inc., of Reseda, California, had signed a contract for a $13.8 million insurance restoration project. This project was just the most recent of a series of large restoration jobs obtained by ZZZZ Best (pronounced "zee best"). Located in the San Fernando Valley of southern California, ZZZZ Best had begun operations in the fall of 1982 as a small, door-ta-door carpet cleaning
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Journal - Week 1, Due 09.28.2014 Beginner’s Guide to Internet Protocol (IP) Addresses Beginner’s Guide to Internet Protocol (IP) Addresses. (2011, Mar. 04). Retrieved on September 26. 2014 from ICANN site: https://www.icann.org/resources/files/ip-addresses-beginners-guide-2011-03-04-en The Beginner’s Guide to IP Addresses is a publication by the Internet Corporation for Assigned Names and Numbers (ICANN), the private sector, non-profit corporation which assumes responsibility for IP address
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Fraud At Samone Enterprises Fraudulent activities were revealed at Samone Enterprises in which a payroll clerk, Cindy White, embezzled more than $194,000 in 5 years. Summary Samone Enterprises is a packaging products and services company. Cindy White worked for Samone for almost 10 years as a payroll clerk. White worked in a small department and was accountable for payroll for about 250 employees who worked different shifts 24 hours a day, 7 days a week. Since Samone used a clock-in system
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life. People’s identity is also stolen in order to commit criminal activities. Both activities are defined as fraud and are punishable by law if caught. Financial identity theft or fraud includes bank fraud, credit card fraud, computer and telecommunications fraud, social program fraud, tax refund fraud, and mail fraud. In fact, a total of 25 types of financial identity fraud are listed and investigated by the United States Secret Service (Obringer). In 1997, Secret Service agents made
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{DC(-P[,"^q-' li Frauds of the Century BERNARD MADOFF worked as a lifeguard to eam enough money to start his own securities firm. Almost half a century later, the colossal Ponzi scheme into which it mutated has proved impossible to keep afloat unlike Mr Madoffs 55-foot fishing boat, "Bull,,. The $ I 7. I billion that Mr Madoff claimed to have under management earlier this year is all but gone. His alleged confession that the fraud could top $50 billion looks increasingly plausible:
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Myers) Ivy: What was your involvement in the WorldCom accounting fraud? David Myers only smirks confidently. Ivy: Mr. David Myers, let’s not play games here. You were controller for WorldCom. We know what you did. So, why don’t you just get this over and done with? How did you commit the fraud? He only smirks even more. Quite devilishly. Bryner: Did we, now? He looks straight into the “camera”. Bryner: Did we actually commit fraud? He smirks again and sits back confidently into his chair. Frame
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Actuarial Accounting: A Cautionary Report Dan R. Young, Esq. Attorney at Law Law Offices of Dan R. Young Seattle, Washington danryoung@netzero.net Presented the Spring Meeting of the CAS New Orleans, Louisiana May 6, 2009 The Story of the AIG Accounting Scandal The Companies The Participants Regulatory Scrutiny Intensifies The Prosecution Case The Defense Case Relevant Laws and Regulations The Fate of the Participants The Companies AIG Overview (2007)
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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 continuing to thrive. As long as the scammer is motivated by greed and able to deceive others, fraud will always be in existence. This paper examines the emergence of the scammer in cyberspace. Furthermore, I will discuss a few tactics and methods the online scammer uses in their attempt to
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com/q/acc-578-week-1-to-week-11-discussion-and-assignmen/9694 ACC 578 Week 1 Discussion "Fraud " Please respond to the following: * From the e-Activity, evaluate the cause(s) of the fraud. Recommend a strategy that could have prevented the fraud. Support your recommendation with examples. ACC 578 Week 2 Discussion 1 "Data Analysis and Fraud Investigation" Please respond to the following: * Imagine that you have been hired as a fraud examiner to review the risk of fraud at a major retailer. Analyze the data analysis tools
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