F&C International
Jon Fries, Fletcher Anderson, Craig Schuster, and Catherine Sprauer played major roles in the case. Each one of them had important responsibilities as executives for F&C International, Inc.
Jon Fries was the President, CEO and managing director of F&C International, Inc. He was in charge of the total management of the company. His key responsibilities were to align the company, internally and externally, with his strategic vision. His duties involved facilitating business outside of the company while guiding employees and other executive officers towards a central objective. As the CEO, he had high interaction with F&C`s independent auditors. Fries misguided them by creating false documents, mislabeling inventory, and undercutting the subordinates` attempts to expose the fraud.
Fletcher Anderson was the Chief Operating Officer and member of company 's board of directors. As the COO of the company, Anderson’s responsibilities included ensuring that the business operations were efficient and effective and that the proper management resources, distribution of goods and services to customers, and analysis of systems are conducted. Anderson later became the president and CEO of F&C International, Inc.
As a COO, Fletcher had interaction with F&C`s independent auditors. Fletcher and controller was supposed to provide all the documents and answer all the questions requested of the independent auditors but they didn’t tell them about the fraud of the company.
Craig Schuster served as the Chief Financial Officer of F&C International, Inc. He was responsible for managing the financial risks, financial planning, and record keeping of the company, as well as financial reporting for higher management. As the CFO, Schuster oversaw the preparation of and signed the company 's registration statements filed with the SEC, including the company 's Form 10-K reports. As a CFO, Craig Schuster had interaction was independent auditors but he did not tell them about the fraud of
Jon Fries was the President, CEO and managing director of F&C International, Inc. He was in charge of the total management of the company. His key responsibilities were to align the company, internally and externally, with his strategic vision. His duties involved facilitating business outside of the company while guiding employees and other executive officers towards a central objective. As the CEO, he had high interaction with F&C`s independent auditors. Fries misguided them by creating false documents, mislabeling inventory, and undercutting the subordinates` attempts to expose the fraud.
Fletcher Anderson was the Chief Operating Officer and member of company 's board of directors. As the COO of the company, Anderson’s responsibilities included ensuring that the business operations were efficient and effective and that the proper management resources, distribution of goods and services to customers, and analysis of systems are conducted. Anderson later became the president and CEO of F&C International, Inc.
As a COO, Fletcher had interaction with F&C`s independent auditors. Fletcher and controller was supposed to provide all the documents and answer all the questions requested of the independent auditors but they didn’t tell them about the fraud of the company.
Craig Schuster served as the Chief Financial Officer of F&C International, Inc. He was responsible for managing the financial risks, financial planning, and record keeping of the company, as well as financial reporting for higher management. As the CFO, Schuster oversaw the preparation of and signed the company 's registration statements filed with the SEC, including the company 's Form 10-K reports. As a CFO, Craig Schuster had interaction was independent auditors but he did not tell them about the fraud of
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