1. Unbeknownst to Global Motors' board of directors, after becoming CEO, Mr. Byrde has been funneling millions of dollars of funds as a money-laundering scheme on behalf of a South American drug cartel through the company's various accounts. What federal statute may cause this scheme to become uncovered?In your answer, explain what mechanism under this statute would help to uncover this money laundering scheme.
2. Based upon this scenario, it is unclear whether other corporate officers and Ozark's board of directors were aware of the money laundering by CEO Byrde. Indicate whatspecific measuresby Ozark under an integrated corporate governance system, including acorporate compliance program,might have prevented or at least brought to light CEO Byrde's actions.