- What is fraud?
- How does fraud affect individual’s consumer and organizations?
- List and describe the five different types of frauds?
- What is the difference between civil and criminal laws?
- For each of the following indicate whether it is a characteristic of a civil a criminal case.
A: Jury may consist of fewer than 12 jurors.
B: Verdict must be unanimous
C: Multiple claims may be joined in one action
D: ‘’Beyond a reasonable doubt.“
E: Purpose is to right a public wrong.
F: Purpose I to obtain remedy.
G: Consequences of jail/ or fines
H: Juries may have a less-than unanimous verdict
6: Why was Charles Ponzi so successful with his fraud scheme?
7: What are some of the different types of fraud fighting shames?
8: How do employee fraud and management fraud differ?
9: Do you think the demand for careers in fraud prevention and detection is increased or decreased? Why?
10: Why are accurate fraud statistic hard to find?
11: Describe the relation between fraud new income profit margin and the revenue required to make up for fraud losses?
12: Why does it usually require trust for someone to be able to commit a fraud?
13: In what ways is the Ponzi scam similar to other frauds?