The case studay: What About Pete? Michael Goldman, CFE, CPA, CVA

You have been hired as a forensic accounting expert to address an alleged fraud described in the assigned case. After conducting a fraud examination, the companys Board of Directors request a briefing of your findings. The companys CEO recently sent you the following email: The Board is very concerned about the recent allegations of fraud within the company. They are demanding more information before the issue becomes public. Basically, they want to know how bad is it?...and how can we prevent it in the future? Next week be ready to address the following questions.

How was the scheme carried out and who was involved? How was the scheme first detected?