FRAUD RELATED CAREERS As the number of frauds and the amounts of fraud losses increase so do the opportunities for successful careers in fraud fighting U.S News and World Report indefinite fraud examination as on of the fastest growing and most financially rewarding careers. The American Institute of Certified Public …

How To Prepare To Be A Fraud-Fighting Professional Regardless of the major you choose you should fulfill your elective requirements with courses in the topics. For example, if you are an accounting major you should probably take as many technology and behavioral type classes as you can. No candidate will …

At most  universities there is there is not  major called “Fraud Prevention, Detection and Investigation Rather“ students who want to prepare for fraud fighting careers must usually choose majors and courses that will provide the skills that will make them a successful fraud fighter. The following are some of the …

Civil Law is the body of law that provides remedies for violations of private rights. Civil Law deals with rights and duties  between individuals. Civil claims begin when one party Files a complaint against another usually for the purpose of gaining financial restitution. The purpose of a civil lawsuit is …

6-Unlicensed individuals such as independent insurance agents selling securities From Washington state to Florida scam artists  use high commissions to entice independent insurance agents into selling investments they make know little about.  The person running the scam instructs the unlicensed sales force to promise high returns with little or no …

Employee Embezzlement Here is an ezample of indirect employee fraud: Mark worked for “Big D“ Advertising. In his role as purchase agent, Mark paid a company in New York City nearly $100 000 for conracted work that should have cost about $50,000. The contractor paid Mark a kickback or nearly …

Types Of Fraud A way that some people clasiffy fraud ist to divide frauds into those committed againts organzatins and those committed on behald of organization. In employee fraud for example- fraid committed againts an organization- the victim of fraud is the employee`s organization. On the other hand with financial …

One common response of fraud victims is desbilief. I an believe she would do this. She was my most trusted employee … Or by best costumer… Or my best friend. Some one who understands fraud will sadly tell you. “What else could they be?. They wouldn have succeeded without your …

Ponzi`s only ligitimate source of income was $45 that be receive as a dividend of five shares of telephone stock. His total assets came to 1,593,834.12, which didnt come close to paying of the outstading debt. It took about eight years, but not holders were able tohave an esimated 37 …

Why woulkd so many pepople invest in as a sheme that didint worke? The real reason was that the eaarle investors did see the great returns in their money. Ponzi used the mpney from later investors to pay off his earlier obligations. It was a new twist on the age …