=+E5-6 Internal controls Objs 2, 3 An employee ofJHT Holdings, Inc., a trucking company, was responsible for resolving roadway accident claims under $25,000. The employee created fake accident claims and wrote settlement checks ofbetween $5,000 and $25,000 to friends or acquaintances acting as phony

“victims.” One friend recruited subordinates at his place ofwork to cash some ofthe checks.

Beyond this, the JHT employee also recruited lawyers, who he paid to represent both the Sarbanes-Oxley, Internal Control, and Cash 195