MODULE 3: CIT CASE QUESTIONS 1. The three aspects of fraud - Perceived pressure‚ Rationalization‚ and Opportunity were present in the CIT case as follows: Pressure- Niakan was placed under much pressure to meet monthly targets. The senior VP Ms. Thompson had earlier criticized his performance when it fell below expectations. Niakan had also been warned in his 2002 annual review that his team needed to improve end of lease sales and inventory returns. Apart from this work angle Niakan had personal
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Introduction Illegal drug use and abuse remains a pervasive social issue despite significant efforts to quell its existence. In fact‚ a recent report released by the RAND Corporation (2005) notes that drug abuse has become such a prominent social issue that substantial increases in prison populations all across the United States have been attributed to the tougher sentences that have been put in place for drug users. With the realization that current social policies toward reducing drug abuse are
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Illegal immigration has been‚ and I believe will continue being a controversy in the United States for years to come. Many people who complain about these illegal immigrants aren’t quite aware of the prolonged process of obtaining a permanent residency card. Whether you agree with the current naturalization process or not‚ viewing it from an immigrant’s perspective could change your outlook on it. American citizens should be educated on this topic before they begin to express their political views
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Bernie Madoff Fraud Case Bernie Madoff Fraud Case Introduction One of the largest fraud cases of all times is that of the “Bernard Madoff Case.” According to Armstrong (2008)‚ “for a number of years Madoff managed to lure billions of dollars away from huge charities‚ as well as wealthy individuals in both the United States and Europe by getting them to invest in his hedge fund. This he did by offering extraordinary returns to investors‚ until his scheme eventually reached a staggering $50
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Keeping Marijuana Illegal 1 Why Marijuana Should Remain Illegal Keeping Marijuana Illegal 2 Why Marijuana Should Remain Illegal Marijuana is proven to contain more than 400 chemicals. Throughout time‚ it has been used to eliminate pain. Marijuana became illegal in the 1930s when it became known as an intoxicant drug and a dangerous narcotic. Along with becoming illegal came the restrictions of growth‚ sales‚ and consumption. Marijuana has
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Grantham University Motivators of Fraud in Health Care: Paul L. Ewing G00019834 White-Collar Crime Mrs. Sandra J. Putnam December 25‚ 2012 What are the motivators of Health Care fraud? At first thought‚ I suspect it was for the love of money but then I felt like it has to be more to it than that. Why would people risk it all to defraud insurance companies and even the government? After a while‚ it’s clearly not about the money because the longer a company goes without being caught
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attorney told jurors that mass cremations‚ commingling of ashes‚ and dental gold and other body part extractions did take place at the third generation family business. But these acts were done by their son‚ David‚ without their permission or knowledge. The Deputy District Attorney alleges David did not engage in the illegal activity alone. The action performed by this funeral home has not changed my view about funeral service. The funeral industry is no different from the financial or insurance industry
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Diego Flores The Benefits of Illegal Immigration What would our country be without immigration? Some would argue that it would be a lot better off without so many outsiders coming into this country. I would argue that the country‚ as we know it‚ wouldn’t exist. Our country was founded on immigrants who came for greater opportunities and freedoms. That is how this country‚ the United States of America‚ came to be. Immigration shouldn’t be frowned upon but viewed in a light of prosperity and growth
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Bank Official Arrested for Fraud Continuously new scandals with big businesses continue to arise in the news. A recent article published online details charges that are brought against the former president of a bank in New York. It is as though professionals do not understand that ethics are a key part of business practices and will lead to having a successful business. How one should and does act in business situations is as important as the legal aspects of business. The Park Avenue Bank
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Introduction: The past decade has been witness to some of the worst accounts of corporate fraud ever recorded‚ with multi-billion dollar companies such as Enron‚ Tyco‚ and World-com involved in serious financial scandals. CEOs and senior executives are often the driving force behind such unscrupulous activities by adopting shady accounting practices and other forms of short-termist actions for the purpose of increasing their firm’s stock price and their own personal wealth. The following paper will
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