Conducting an independent online search regarding a recent corporate fraud
Conduct an independent online search regarding a recent corporate fraud, such as that committed at Societe Generale (SocGen) in 2008. In a 1-2 page Word document, address the following prompts:
- Briefly summarize the nature of the fraudulent activities.
- How did the fraudulent activity impact the company?
- What actions were taken once the fraud was revealed?
- How will this company prevent future fraudulent activities?