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Fraud Case Navistar

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Fraud Case Navistar
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|Financial Statement Fraud |
|Navistar International Corporation |

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TABLE OF CONTENTS
|Introduction |3 |
|How the Fraud was Perpetrated and Concealed |4 |
|Start Up Costs |4 |
|Estimated Warranty Expense |4 |
|Rebates |5 |
|Tooling Buyback Arrangements |6 |
|Auditor Misconduct & NFC Overstatement |7 |
|Pressures and Opportunities |8 |
|Preventative Measures |10 |
|Consequences |11
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