Question
Kamalla is the CFO of Fraudco. Her boss, Driscoll, recently told her to shred all evidence of the financial statement fraud that Fraudco has been
Kamalla is the CFO of Fraudco. Her boss, Driscoll, recently told her to shred all evidence of the financial statement fraud that Fraudco has been engaged in to hide the evidence from the SEC. The SEC had been conducting an investigation of Fraudco but had released no findings yet.
A. Since Kamalla didn't actually participate in the fraud and since she is only following orders, she will have no liability.
B. Since Sarbanes-Oxley does not have a whistle-blower provision, Kamalla has no recourse if she wants to keep her job
C. Since the investigation is ongoing and no charges have been brought, shredding the documents is not a punishable offense yet.
D. Kamalla could be imprisoned for up to 20 years if she shreds the documents.
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