Question
I need some help to create a power point not too long, but specific bullet points, a separate paper (world doc) with notes to support
I need some help to create a power point not too long, but specific bullet points, a separate paper (world doc) with notes to support the power point bullet points and references. Also, presentation should cover the major aspects of the fraud, including the method, amount, perpetrator(s), consequences, etc. See the fraud case below with some info.
Tyco Scandal (2002)
Company: New Jersey-based blue-chip Swiss security systems.
What happened: CEO and CFO stole $150 million and inflated company income by $500 million.
Main players: CEO Dennis Kozlowski and former CFO Mark Swartz.
How they did it: Siphoned money through unapproved loans and fraudulent stock sales. Money was smuggled out of company disguised as executive bonuses or benefits.
How they got caught: SEC and Manhattan D.A. investigations uncovered questionable accounting practices, including large loans made to Kozlowski that were then forgiven.
Penalties: Kozlowski and Swartz were sentenced to 8-25 years in prison. A class-action lawsuit forced Tyco to pay $2.92 billion to investors.
Fun fact: At the height of the scandal Kozlowski threw a $2 million birthday party for his wife on a Mediterranean island, complete with a Jimmy Buffet performance.
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