Fraud in Collegiate Athletics

When Major League Money Meets Little League Controls (Adapted from an article in Fraud Magazine, January/February 2012)

By Herbert W. Snyder, Ph.D., CFE; David O'Bryan, Ph.D., CFE, CPA, CMA

Questions

1.Identify some of the weaknesses in KU's internal controls that allowed fraud to occur in the athletic department. Explain your answer.

2. Do you think that the sentences given to the perpetrators were appropriate? or too harsh? or too lenient? Explain your answer.