Breaking News

TYPES OF FRAUD

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 …

Read More »

Carlo Charles 3

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 …

Read More »

Carlo “Charles“

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 …

Read More »

Carlo “Charlos“

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 …

Read More »

About My Self

Hello! My name is Sorbon. Im from Tajikistan. I live in Dushanbe. I have no very big family. I have Mather, Father, brather and sister. My fathers name is Anvar, my mather name is Barno, and my sisters name is Sonia my brathers name is Sulaymon. And my full name …

Read More »

The Nature Of Fraud

Moreover if the economy in year 3 is plagued by the  same dollar amount of frauds as in year  2($800 million), the economy will have to grow by almost 13 to reach $222.1 billion. Don`t forget, in addition to a direct debit against year 2`s GDP, year 2`s frauds also …

Read More »

The Nature of Fraud

In addition as companies have given it to the pressures to meet Wall Streets earnings  expectation and as these pressures to meet the numbers have intensified, some very large financial statement frauds have been committed. Hundred million of even billion dollar frauds are not unusual and in some cases the …

Read More »

The Nature of Fraud

Even with the difficulties in measuring fraud, most people believe that fraud is a growing problem. Both the numbers of frauds committed and the total dollar amounts lost from fraud seem to be increasing. Longitudinal studies that assets fraud levels over time are needed. Although slightly different from fraud such …

Read More »

The Nature of Fraud

Are there perfect frauds that are never detected, or are all frauds eventually discovered? In addition many frauds that are detected are handled quietly by the victims and never made public. In many cases of employee fraud, for example, companies merely hide the frauds and quietly terminate of transfer perpetrators …

Read More »

The Nature of Fraud

Enron was a multinational  company that  specialized  in marketing  electricity, natural gas,  energy,  and other  physical commodities. Enron  initiated  the wholesale  natural gas and electricity  markets in  the United Stases. It was  officially  formed  in 1985  as a result of the merger  of Houston  Natural Gas  and Inter north of  …

Read More »