Prepare a two-to-three page case study report on the following case: COVER STORY: INTERNAL FRAUD on pages 104-106 in Chapter 4: Billing Schemes of the Fraud Examination text by Wells. Discuss the coincidences involved in this case study. Use the 2009 Global Fraud Survey (also located in Doc Sharing) for references concerning perpetrator, size of fraud, detection, and controls.…
In this case well no he didn’t do. 2) Next is concealment, this one he did do by compiling mass amounts of paperwork, and case files from not only the U.S. government, but other companies and governments as well. 3) The third is violation of trust, or abuse of power, and trust. This one is a little tricky because of the law that states on the theft, compiling and use of government documents. He had the power to view these documents and the trust from the government to see such thing so when he went out on a limb and published those in a webpage format then he violated this rule, or element. The other thing is that he is NOT a citizen of the U.S. therefore the first amendment right would not apply to him. Because of this; it is an American document, and doctrine. So implies the Espionage act which he falls under and has violated. So the final question in this topic is he a criminal, well yes he is because of the amount of data, and the amount of sensitive information that he and his team has exposed. White collar crime yes because he leaked in cyber form information that could cause harm, and damages to a nation, person, or group. The tricky part is the prosecution of this case because of the international retaliation act, and the whistleblowers law at here in the U.S. both of these can be seen as a a way to allow him to continue processing…
The Foreign Corrupt Practices Act allows U.S. companies to make bribes to foreign officials when they are an accepted part of business.…
Most contacts (82%, n = 133) were self-initiated, whereas 18 per cent (n = 29) were employee-initiated. 2 As shown in Figure 9, people who initiated contact with a local government employee commonly reported that they made contact: • to make a complaint • to make an enquiry or seek information. Compared with the 2008 survey, people in 2010 were more likely to report dissatisfaction after making a complaint, seeking assistance from local government employees or making a submission. Respondents were less likely in 2010 to report dissatisfaction after raising a concern or discussing a community or personal issue. Figure 9. Reasons for self-initiated contact with local government (2008 and…
The acronym RICO stands for Racketeer Influenced and Corrupt Organizations Act. This is a Federal State law that creates certain racketeering offenses that include participating in various criminal schemes and conspiracies that allow government seizure of property acquired of violation of the act. (Hall, 2016). RICO was created in the 70's as a way for Congress to try to curb organized crime in the United States. Today all businesses are subjected to RICO, but it established a RICO violation one must prove that the defendant received money or income. Performed a racketeering activity, invested that money into a business, which is an interstate commerce or affects interstate commerce. (Hall, 2016). The second part is the key to RICO, there has…
(FCPA, section 30A) This defines any foreign official as any ranking official within a foreign organization not meaning only high ranking officials but low ranking officials alike. Including civil employees and government officials alike, by defining this term clearly the act involves any person who is trying to give a bribe or even a donation to a foreign official therefore convicted everyone…
The Racketeer Influenced and Corrupt Organizations Act of 1970 (RICO) was originally put in place to combat the mafia but has become increasingly used to combat corporate schemes as well. The first thing to know is what a racketeer is. A racketeer is defined as a person who obtains money illegally, as by bootlegging, fraud, or extortion. There are lists in other cases used to describe a racketeer using words from arson all the way to witness tampering . The Racketeer Influenced and Corrupt Organizations Act was imposed mainly to be able to prosecute bosses who may order a killing or some other type of illegal activity but have no physical connection with the crime per say .…
The United States is introduced to the Foreign Corrupt Practices Act (“FCPA”), a federal United States law intended to prevent the bribery of foreign government officials in an effort to retain business. The FCPA also requires companies whose securities are listed in the U.S. to adhere to accounting provisions outlined under the Securities Exchange Act of 1934.…
Foreign Corrupt Practices Act: A federal law enacted in 1977 which prohibits companies from paying bribes to foreign government officials and political figures for the purpose of obtaining business. US Department of Justice, The Securities and Exchange Commission (SEC)…
Ethos is established by convincing a given audience that the speaker has the right motive and intentions for the audience. The ethical integrity, which is established by Ethos, is a premise for being able to be persuasive to a given audience. When people listening to the speech no longer trust the speaker, then no argument by the speaker will be able to be persuasive. Corruption scandals, for example, can be very damaging for politicians. This is because corruption scandals signify that the given politician has the wrong motives and intentions. Corruption scandals, therefore, signals that the politician is primarily concerned with his/her own interests and therefore not concerned with the interest of the people he/she is representing. So,…
Many companies are trying to expand economically in the market by doing business with an individual or another company in foreign countries. These businesses are engaging in into using improper ways of payments that are leading to secret bribes to the foreign public officials. Foreign countries are not always in compliance with the laws and they tend not to follow them. Having these problems with the US and all the millions of dollars that have been passed they wanted to take a more affirmative approach and be able to correct the problem. That is when congress decided to introduce the Foreign Corrupt Practices Act to prosecute foreign companies for corrupt payments within the United States. The Foreign Corrupt Practices Act is a federal law that was amended in 1977. This law “prohibits the United States from bribing foreign officials to secure advantageous contracts”(1). A foreign official is defined as any officer or employee of the foreign government or any department, agency, public international organization, or any person acting in an official for or behalf any such government or department, agency, or public international organization (2). The Foreign Corrupt Practices Act was implemented for companies from the United States that are managing business in foreign countries to do so without any unethical business practices (3). This federal law consists of two provisions, the anti-bribery and the accounting/book and record provision. The first provision consists of the anti-bribery provision in which contracts with enforcing the Department of Justice. The DOJ is one of the enforcements for Foreign Corrupt Practices Act (FCPA) in which prosecutes the issuers and their officers, employees, agents, and domestic concern all in which are acting in the US (4). The anti-bribery of FCPA prohibits anything that deals with payments or an authorization of any payment that obtains or retains with business. There are three types of improper violations for the anti-bribery…
I would never pay a bribe to get something out of someone. Specially not at my job or in behalf of my company. I believe I have worked really hard to achieve my goals to mess it up. Part of the education I have received so far is to have ethics. Taking a bribe is not only unethical but it is very illegal. Not everyone has ethics so the Foreign Corrupt Practices Act was passed to try to prevent behavior such as bribery. For me I wouldn't do it not only because it's written on paper that I shouldn't, but also because in my heart I know that bribery is an easy way to obtain something. Personally I like to work hard for my achievements. I would hate to lose my integrity as an individual but also as a professional. When running a business I believe…
There are a wide variety of criminal offenses that bring attention to public corruption and their investigations. For this essay I will be focusing on embezzlement and its effect on the public. I present to you three investigations of embezzlement that occurred in 2014.…
Many Americans live a life that is ruled by bills and family matters and have almost no time to worry about what goes on outside of their lives. However, while many Americans live the “American dream,” the officials they elected have been corrupted by the power and the wealth. Decisions made by many of these officials haven’t been based on the interests of Americans, but on the interests of big corporations and billionaires around the world. The U.S. government has been corrupted through bribery and manipulation for many years now.…
Americans know that corruption exists in their country. Two university professors, one from Princeton, and one from Northwestern believe that is our biggest problem (US). Professors Martin Gilens and Benjamin Page say that corruption cannot end; if the people do not believe it can. The two professors are promoting the American Anti-Corruption Act, and the passing of it through the ballot initiative as a solution. Gilens and Page call their solution, “fixing congress from the outside.” The two have determined that corruption is absolutely occurring, by looking over 2000 surveys that spread out over more than 20 years and comparing them to policies and law. The researchers were looking at the correlation between what the people believe and what…