Assignment:
Prepare a presentation for this fraud case.
Freddie Mac scandal
1. Background information of the entity.
2. The nature of the fraud - what happened?
3. The key players involved in the fraud - who/whom did it?
4. How it occurred - what controls were not in place, or not operating effectively?
5. How the fraud was detected?
6. What happened to the fraudster(s)?
7. What control(s) were put into place, or enhanced, to prevent similar occurrences?