Case Study for Fraud
A Case Study of Interstate Business College
Three Men and A lady 1. Based on the information you have gathered during your first task, what discrepancies/irregularities exist in Shawn Davidson’s file? * Signatures on Enrollment Agreement do not seem to be the same (pg. 507) * 1st Enrollment Agreement Total should equal $9995.00 (508)
Total Tuition 8750.00
Textbooks (approx.) 970.00
Application Fee 0.00
Lab Fee 200.00
General Fee 75.00
TOTAL DUE 9,995.00 (not the listed 10,020.00)
The amount listed is the enrollment agreement was 10,020.00 which gives a difference of : 10,020.00 - 9995.00 =25
* 2nd Enrollment Agreement Total should equal $12075.00 (508)
Total Tuition 10500.00
Textbooks (approx.) 1300.00
Application Fee 0.00
Lab Fee 200.00
General Fee 75.00
TOTAL DUE 12,075.00 (not the listed 12100.00)
The amount listed is the enrollment agreement was 12,100.00 which gives a difference of :
12100.00 -12075.00 =25
* Both 1st Enrollment Agreement and 2nd Enrollment Agreement had additional $25.00 charge that is not labeled. (508) * The TOTAL DUE on both Enrollment Agreements are handwritten by IBC admissions representative (508)
* Enrollment Agreement does not agree with Detail Ledger. According to Agreement of Documents Chart (507) the charges on Enrollment Agreement and Detail Ledger Listing should agree.
Enrollment Agreement Detail Ledger
Med Association Fee (not mentioned) 50.00
Tech Fees (not mentioned) 855.42
Lab Fee 200.00 (not mentioned) * The costs and financial aid on Detail Ledger Listing should agree with those on Withdrawal Record. (507) Amount the student owes (657.12) was handwritten. (511) * Step One: Unpaid Charges (511)
Total Aid Paid to Institution’s Costs is $11485 not 9085.
Total Inst Cost 4480.42
Pell Grant 3377.00
Stafford 5880.00
Unsub Staff 7680.00
SEOG
Three Men and A lady 1. Based on the information you have gathered during your first task, what discrepancies/irregularities exist in Shawn Davidson’s file? * Signatures on Enrollment Agreement do not seem to be the same (pg. 507) * 1st Enrollment Agreement Total should equal $9995.00 (508)
Total Tuition 8750.00
Textbooks (approx.) 970.00
Application Fee 0.00
Lab Fee 200.00
General Fee 75.00
TOTAL DUE 9,995.00 (not the listed 10,020.00)
The amount listed is the enrollment agreement was 10,020.00 which gives a difference of : 10,020.00 - 9995.00 =25
* 2nd Enrollment Agreement Total should equal $12075.00 (508)
Total Tuition 10500.00
Textbooks (approx.) 1300.00
Application Fee 0.00
Lab Fee 200.00
General Fee 75.00
TOTAL DUE 12,075.00 (not the listed 12100.00)
The amount listed is the enrollment agreement was 12,100.00 which gives a difference of :
12100.00 -12075.00 =25
* Both 1st Enrollment Agreement and 2nd Enrollment Agreement had additional $25.00 charge that is not labeled. (508) * The TOTAL DUE on both Enrollment Agreements are handwritten by IBC admissions representative (508)
* Enrollment Agreement does not agree with Detail Ledger. According to Agreement of Documents Chart (507) the charges on Enrollment Agreement and Detail Ledger Listing should agree.
Enrollment Agreement Detail Ledger
Med Association Fee (not mentioned) 50.00
Tech Fees (not mentioned) 855.42
Lab Fee 200.00 (not mentioned) * The costs and financial aid on Detail Ledger Listing should agree with those on Withdrawal Record. (507) Amount the student owes (657.12) was handwritten. (511) * Step One: Unpaid Charges (511)
Total Aid Paid to Institution’s Costs is $11485 not 9085.
Total Inst Cost 4480.42
Pell Grant 3377.00
Stafford 5880.00
Unsub Staff 7680.00
SEOG