LEHMAN BROTHERS

Name of the company, their products/services provided, brief company history. Describe the culture of the company at the time the fraud was committed. Was there a positive work environment?

what fraud was committed? Date(s) of the fraud? Was the fraud committed against the organization or on behalf of the organization? What type of fraud? Who committed the fraud? Did the perpetrator act alone, or was there collusion? If multiple people were involved, discuss fraud recruitment . What was the amount of the fraud? Timeline of the main events surrounding the fraud and investigation. How did the perpetrator(s) conceal the fraud? How was the fraud uncovered? Was there a whistleblower? Did the perpetrator(s) begin to exhibit lifestyle or behavior changes? Did the perpetrators face prison time? How could the fraud have been prevented? How was forensic accounting used to investigate and trace the fraud? What types of evidence were accumulated in the fraud investigation? Were appropriate internal controls in place? Were there weaknesses? Explain the fraud in relation to both the Fraud Motivation Triangle and the Fraud Element Triangle Have additional internal controls been put into place since the incident? Is the company still in business? Discuss your opinion about the company, the fraud, the investigation, etc. What would you have done differently? How would you have reacted if you were pressured to participate in the fraud? etc.