Fraud Detection and Deterrence

This assignment is designed to draw on your overall and detailed learning during this class. You have learned about an array of types of fraud, written about recent cases consistent with one or more of those types of fraud, and engaged in discussion with colleagues during our class activity. Submit a self-developed paper that includes the following content:

Case Presentation: Write a case describing a fraud of a type consistent with one of the many types of fraud we discussed during the class (such as larceny, asset misappropriation, cash skimming, among others). The case discussion in your paper should include at a minimum the setting where the fraud occurred, description of the individuals involved in the actual fraud, and how those individuals covered their fraud from immediate disclosure. It would also be good to discuss how the perpetrator in the fraud you discuss was able to circumvent the controls within the organizational setting you describe.

The case should be written up in prose, rather than as a bullet list. The submitted paper should read like a case you would be asked to respond to in an essay test question. Logical presentation of the case will be an important consideration.

Investigative Project Design: Assume you are a fraud examiner available for hire. Provide a discussion of the approach you, as an investigator, would use to look into a lead received about the possible fraud. The discussion should include several steps, whether interviews of individuals will be involved, what documentation you might seek, and how you might analyze the collected information.

This discussion should also be written in prose, rather than as a bullet list or outline. Think through what type actions might have been or are currently being undertaken as part of the fraud. What records or information might be a good source to investigate the situation?

Deterrence Measure Design: Considering the case you presented, and the investigative design you offered, what deterrence measures would you suggest to the enterprise you described in your case presentation? Your suggestions will be considered in the context of being both realistic and responsive to the specific presentation you provided.