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Case 11 In 1992 General Motors experienced a $436 million fraud committed by a Long Island automobile dealer. Because of this huge fraud, they

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Case 11 In 1992 General Motors experienced a $436 million fraud committed by a Long Island automobile dealer. Because of this huge fraud, they have asked you to help them install a "framework that would not allow this kind of problem to happen again in the future." >>15 1. How much revenue is needed to make up for this fraud? 2. How would you help them prevent future frauds? 3. Is it possible to eliminate all frauds? 4. Why do you think this fraud was allowed to occur?

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