Review of Business Fraud

Use the Internet to find a recent case in the news (within the last 18 months) about business fraud that 

involved a systems and / or information breach. 

 

Write a four to five (4-5) page paper in which you: 

1.  Compose a summary of the case. Include how the fraud was perpetrated, the characteristics of 

the perpetrator(s) who committed the fraud, the role the auditor(s) had in the case, and the direct  (customers, vendors, 

employees, executive committee, and board of directors). 

2.  Suggest the fraud classification(s) the case can be categorized into (based on the data 

processing model). Include your rationale for the classification. 

3.  Suggest the type of controls that may have been in place at the time of the violation. 

4.  Recommend two (2) types of controls that could be implemented to prevent fraud in the future and additional steps management can take to mitigate losses. 

5.  Judge the punishment of the crime (was it appropriate, too lenient, or too harsh) and whether the punishment would serve as a deterrent to similar acts in the future. 

6.  Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.