Homework: Fraud Schemes & Fraud Investigations
Overview
Using the Internet or Strayer databases, identify and research a company with an employee who was involved in corporate fraud. For the homework you will determine how you would implement an investigation of the fraudster, discuss how you would collect evidence, identify red flags, and suggest key investigation practices. You will also recommend a fraud prevention plan for the organization and discuss how it might impact the organization and its employees.
Instructions
Write a 4 to 5 pages paper in which you:
1) Based on your research, assume that you are fraud investigator assigned to coordinate an investigation of the fraudster. Determine how you would implement this investigation without the fraudster's knowledge. Provide support for your rationale.
2) Assuming you are the fraud investigator on this case, assess what types of surveillance and/or covert operations you would use to collect evidence related to the fraud. Analyze technological options for investigating fraud, indicating what you believe to be the most effective option. Provide support for your rationale.
3) During the investigation, assess the most significant red flags that would have been an indication of possible fraud needing corrective action by management.
4) Based on your research, suggest key practices the fraud investigator could have used in conducting interviews with the fraudster and the company's employees. Assess the various interviews and interrogation questions available to you. Select the type of interview and interrogation questions that would have been most appropriate for this investigation. Provide support for your rationale.
5) Recommend a fraud prevention plan for this organization. Determine the positive or negative consequences that this fraud prevention plan might have on employees' morale and the public perception of the organization. Provide support for your rationale.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
The specific course learning outcome associated with this homework is:
1) Recommend key practices for investigating and preventing fraud, based on a given case.