Disability Fraud

Disability Fraud
25.7% of Nebraskan veterans reported a VA service
–connected disability in 2013. Our article was about Veterans Affairs (VA) and disability fraud. We
have summarized our article, connected it to something in our textbook, and discussed a related article. We have also given our opinions on the
significance, the impact on the company, and the lessons learned. This article starts by aveteran explaining his call to the VA. When he asked what he
could expect at his appointment, a VA employee told him he would get more benefits if he acted "like you have a screw loose in your head, wear
clothes with holes that haven't been washed in a while and act like you've been homeless." Critics say the VA has been cutting corners to increase the
amount ... Show more content on Helpwriting.net ...
No one is or will be happy with what the VA does. In the VA Scandal article, people are upset that the veterans have to wait so long to get a
disability claim. In our disability fraud article, People are upset that the veterans are not getting the time they need to fully examine their claims. This
then has an impact on the company. People view the VA in a negative light because they see that they are conducting disability fraud. However, this
does not change whether veterans go to them for benefits. There are some lessons to learn from this: the VA needs to fix their problems. They need
to take more time to process claims and do a better job of rooting out fraud. We all agree that the VA is directing disability fraud, and we do not agree
that it should be
... Get more on HelpWriting.net ...

Accounting Fraud And The Financial Fraud
Introduction
WorldCom CEO Bernard Ebbers, former partner said "He didn't know anything about the long distance or telephone business, but he knew how to read
numbers, he was a number cruncher."("Inside") This should have been a warning sign to those investing in the company that Ebbers wasn't the best
choice to run the 2nd biggest telecom company in America. WorldCom was just one of many accounting frauds that took place in the early 2000's. But
unfortunately that trend of dishonest accounting didn't stop. The reason behind writing this report is to examine the $11 billion accounting fraud the
biggest in US history, the collusion between Ebbers and the CFO Scott Sullivan to deceive investors, causing the loss of thousands of jobs and costing
investors billions of dollars. Hopefully covering this event thoroughly will make other CEO's think twice before stealing investors' money. Getting in
over his head: The fraud and the storm that followed
In 1983 Long Distance Discount Services, Inc(LDDS) was founded in Jackson, Mississippi by Bernard Ebbers and Maury Waldron. Through the
1980's LDDS purchased many of its competitors throughout the southern United States making it one of the largest Telecom companies in the world.
In 1995 Ebbers now CEO changed the name of the company to WorldCom and acquired a much bigger firm MCI in 1998 the largest corporate
merger in the US (Lyke 2). One year later WorldCom tried to take over Sprint which would have made it the biggest telecom

Fraud And The Health Care Fraud Essay
On November 21, 2013, Theanna Khou pleaded guilty to dispensing and selling OxyContin from his Huntington Pharmacy without medical necessity
from fraudulent prescriptions issued by a clinic (" Health care fraud investigations," 2014). Khou billed Medicare for filling prescriptions that patients
never received. This story is becoming a norm for the health care industry, because the growing financial prosperity of the health industry. Corruption
and crime is changing, turning from drug dealing to a safer haven that has less legal management, organization, and more wherewithal the business of
health care fraud.
Health Care Fraud Fraudulent misrepresentation (fraud) is defined as the intentional deceit for personal gain (Clarkson, Miller, & Cross, 2012).
Fraud occurs when a person knowingly represents an intentional deception as a fact to gain benefits they are not entitled. The boundaries between
fraud and abuse seem to be confused; the degree of intent distinguishes fraud from abuse. Under HIPAA, it is considered a felony to intentionally
implement a scheme to "defraud any health care benefit program or to obtain money or other property owned or controlled by a health care benefit
program by means of false or fraudulent pretenses, representations, or promises" (Shepard, 2004, para. 1). Health care fraud is an intentional act to
deceive in order to receive greater reimbursement for services, whereas health care abuse is conduct which is not consistent with acceptable

Essay On Enron Fraud
A once massive communications company was brought to ruin by the mishandling of DIRECTORS, OFFICERS, and the CEO. Between 1999 and
2002 the CEO Bernie Ebbers orchestrated over $9 billion worth of fraudulent accounting transactions. Surely all of this was not accomplished by just
one man, this took teams of people who were unwilling to question authority or stand up during times of corporate wrong doing. Therefore, the
information to follow will contain explanation of how this fraud was committed and by whom, the reasoning behind the fraud, the consequences of their
actions for them and the corporation, and the final outcome for the corporation and those directors and officers held accountable. According to the
Report of Investigation by the special board of directors for WorldCom the accounting fraud was a number of unsupported and false accounting entries.
During the investigation key witnesses were unavailable for questioning and accounting documentation was either nonexistent or piled on the floor of
the storage area. This type of disorganization made it merely impossible to conduct any formal audit. Interestingly, the auditor in charge over the course
of this fraud was Arthur Andersen who also conducted audits for Enron another company corrupted by fraud. Mr. Ebbers was indicated to be the main
person in charge of the fraudulent accounting transactions. Through the course of this artifice, there were several other employees and officers
involved; however, the focus

The Auditor and Fraud
EXPLAIN THE RESPECTIVE ROLES AND RESPONSIBILITIES OF MANAGEMENT AND AUDITORS IN THE PREVENTION AND
DETECTION OF FRAUD.
The primary responsibility for fraud detection lies with management. This arises due to a contractual duty of care. Directors are able to discharge their
duty toward prevention and detection of fraud and error in many ways, for example: * Complying with the Combined Code on Corporate Governance *
Developing a code of conduct, monitoring compliance and taking action against breaches * Emphasising a strong commitment to fraud prevention.
This involves establishing a culture of honesty and ethical behaviour within the organisation with clearly communicated policies. * Establishing an
internal audit function ... Show more content on Helpwriting.net ...
Typical rationalisations include:
I am only borrowing the money and will pay it back
Nobody will get hurt (perception of fraud as "victimless" crime
The company treats me unfairly and owes me
Its only temporary until my financial position improves
Everybody's at it!!
The extent to which individuals appear to be motivated by greed. Again, a difficult characteristic to assess but the individual's concern with money
and consumer goods may provide some clues about this. If someone starts turning up to work in a brand new Ferrari, they may have won the lottery,
or benefited from the demise of a loving relative, or they could be up to no good!!
The degree of loyalty exhibited by an individual. If the individual has been with one firm a long time, this may indicate a certain level of satisfaction
with their employment and perhaps reduce the likelihood of them committing fraud. You should, however, also be aware that experienced employees,
because they are trusted, might have a greater opportunity to commit fraud. Ernst & Young Survey (2000) found that nearly half of the
employees who defrauded their firms had been employed for over five years. Also bear in mind that opportunities to commit fraud can arise when an
employee reaches a level of trust in an organisation or when internal controls are weak or nonexistent. Then the employee if he or she is so motivated
will perceive that there is an opportunity to commit fraud, conceal it, and

Example Of Fraud Awareness
Creating awareness is process used to make people know that information is available and how to deal with fraud /corruption if they hear about the
matter to assist Bow Treasures in preventing fraud and corruption.
Fraud awareness will assist Bow treasures in preventing fraud through Bow Treasures will be able to reduce the likelihood and the impact of losses
which can be incurred if fraud affect their organisation.
Bow Treasures can create awareness by involving :
Employees : which are those who work within the Bow Treasures ;
Customers :Which are those buy products or benefit from the services/product offered by Bow Treasures ;
Suppliers : those providing goods and services to Bow Treasures ; and
The community at large where

Payroll Fraud
When making the statement "Our consulting engagements vary depending upon the industry of our client as well as the departments if specific ones
are selected for evaluation," Peggy simply meant that every case is individual. There is not on answer that fits every client. Peggy provides risk
assessments for fraud and internal controls. All companies risk fraud in different areas and in different ways. For example, in a big company with
many employees, payroll fraud might be an area determined a risk for fraud and internal controls such as, strict assignment of responsibilities and
segregation of duties, might help to lower the risk of fraud. Whereas, in a small company with very few employees it would be quite difficult to
perform payroll fraud ... Show more content on Helpwriting.net ...
For example, I worked for Mack Molding for 3 years. The first year I was in molding as a machine operator of plastic mold injection machines. We
would create products off all kinds, from vapotherm – a baby breathing apparatus machine – to plastic storage crates. When running the molding
machines, you would have to keep record of all parts made, even if they were rejects. There would then be another employee responsible for filling
the hoppers with the plastic pellet material you needed to mold your products. The materials person would have to keep record of all materials
supplied for each individual machine. Not only did they record what materials went to what machine, but they had to designated it to a particular job
number. Along with recording the delivery of materials, you also had to record who made the delivery. Just like material when the final or rejected
products where recorded there had to be a record of which employee was running the machine. As orders were filled the records of materials supplied
and parts made would be compared, if a significant higher amount of materials were being recorded for disbursement then needed to make recorded
number of made product, further investigating would be

Financial Statement Fraud And Corporate Financial Fraud
Financial Statement Fraud
Background
Financial statement fraud is one of the biggest types of fraud in today's business world. The complexity and mechanism of financial statement fraud
brought the attention of auditors and regulators. Financial scandals of Enron, WorldCom, Xerox, Tyco, Parmalat, Qwest, and Satam Computers
increased the auditors' responsibility in detecting and preventing fraudulent transactions. Corporate financial fraud had negative consequences for the
market capitalization due to gigantic losses of investors. In addition, accounting scandals of early 2000th ruined auditors' reputation and the public trust.
The regulators, SEC, U.S. GAAP, SOX of 2002, together with AICPA, PCAOB, and COSO concentrate on fraudulent reporting mechanisms and ways
to lessen its occurrence. Inventors, public, and officials expect auditors detecting fraud to protect third parties interests. The auditors' core responsibility
is to confirm that financial statements are prepared fairly in accordance with U.S. GAAP. Therefore, auditors should comprehend real–world techniques
to identify financial statement manipulation.
Purpose of Research and Research Question
The purpose of this research is to analyze the cause–effect relationships between the auditor's role and fraudulent reporting.
The primary research questions are:
1.What are the common schemes of financial statement fraud?
2.How the auditor can detect financial statement fraud?
The research is built on other studies that

Fraud Case : A Case
Recent Fraud Case
Co–Founder of OXYwater and Wife Sentenced for Wire Fraud, Money Laundering and Tax Crimes
Soraya Swaby
Keller Graduate School of Management
Fraud Case Bio On August 25th 2015 Co–Founder of OXYwater Preston J. Harrison and his Wife Lovena Harrison were sentenced for WireFraud,
Money Laundering and Tax Crimes. (Investor Claims, August 2015). I chose this case because it has many different types of fraud, including wire
fraud, money laundering, and tax fraud, conspiracy to commit fraud, concealment of fraud, theft and misappropriation of funds. What makes this case
so interesting is that the husband and wife co–owners of OXYwater are not the only criminals. Their co–conspirator was Thomas E. Jackson; ... Show
more content on Helpwriting.net ...
However, that is not the case here, Imperial LLC and OXYwater had no intention of actually making the oxygen water with the chemical compounds
it promised. Their fraudulent plot was solely based on using investors' money for their personal use and in order to keep the investors interested they
falsified financial records and published misleading and misstated sales report (Justice News, August 25). "Harrison's wife Lovena was charged with
conspiracy to defraud the IRS after she filed a false income–tax return and structuring financial deposits to avoid having the money reported to the
government". (Gray, 2015) The fraudsters concealed their crimes by hiding and laundering their investor's funds through the wife's day care business.
Many different parties were affected by OXYwater and Imperial, among their long list of investors' R&B artist Ne–Yo was one of their victims, he
invested approximately $2.5M in OXYwater after he was advised to do so by his then accountant Kevin Foster who unbeknown to the artist was a
financial consultant for Imperial LLC. (Justice News, August 25). As illustrated below it seemed there was no end to their mayhem thankfully their
elaborate scam finally caught up with them and they went bankrupt.
ILLUSTRATION
ParticipantsDescriptionTheir RoleTheir Outcome
The

Mortgage Fraud Essay
Mortgage Fraud
Table of Contents
Abstract3
Mortgage Fraud4
Mortgage Fraud Statistics4
Reports of Fraud5
Key players in a real estate & mortgage transaction5–6
Factors for Mortgage Fraud7
The Fraud Triangle7
Common Mortgage Fraud Schemes8
Who are victims of mortgage fraud?9
How to avoid becoming a victim of Mortgage Fraud10
How to report fraud11
Mortgage Fraud Indictment11–12
Conclusion13
References14
Abstract
Since the housing market bust, there has been an explosion in the number of federal investigation of mortgage fraud scheme across the country.
Mortgage Fraud is a violation of state and ... Show more content on Helpwriting.net ...
Real estate agents draft the agreement of purchase and sale and make sure everything is up to par for closing. They receive commissions from the
seller. Their fraud usually concerns falsifying the value of the property.
Lender – is the financial institution that approves the borrower loan application in order to acquire the home. In most cases the lenders are the financial
victims.
Mortgage Brokers – may or may not be involved in obtaining financing. Their involvement is at the discretion of the borrower. Mortgage broker may

act for both the seller and borrower. They can assist the applicant in completing the loan application submitted to the lender as well as collect and
review the various documents needed to support the applications. Mortgage brokers are paid fee or commission by the lender; therefore they are
influenced to close as many loans as possible.
Appraiser – asses the market value of a property so that the value of the property is within the lender's loan guidelines. They researched information
on the property such as the legal address, description, assessment, property tax and age of home. Appraisals are estimates and are subjective in nature.
They are hired by the mortgage company and paid at closing. If they are party to mortgage fraud they will inflate the value of the property.
Title Company – Protects against future title claims and ensure that the home has a free title in order

Occupational Fraud Report
The Association of Fraud Certified Fraud Executives (ACFE) reported in their 2014 Report to the Nations on Occupational Fraud and Abuse, that
governmental and public administration organizations have the second highest incidence of fraud in comparison to other organizations. Further, the
Brookings Institute found that governmental fraud directly impacts public finances by, increasing public expenditures, and negatively impacting
productivity, competitiveness, and growth. Dekalb County Commissioner sentenced to fourteen months in federal prison and ordered to pay $87,350
restitution for defrauding taxpayers. Former Chief Operating officer of Dekalb county schools sentenced to prison for redirecting $1.4 million dollars
to her ex–husbands ... Show more content on Helpwriting.net ...
The AFCE report found that fraud was detected via tip from an employee forty two percent of the time. Understanding that fraud is most likely to be
discovered and reported by one of the staff means that the leadership of the organization should create an atmosphere of openness and the leaders
should be approachable. Additionally, it is imperative that the leadership is modeling the behavior that they desire from the staff to clearly demonstrate
what is acceptable or not in the organization. Finally, the leadership should conduct periodic environmental scans to stay abreast of changes that could
potentially put the government at risk of employee fraud. For example, in the event of a catastrophe such as Hurricane Katrina or construction of a new
stadium could lead to increased risk as contractors vie with one another for contracts.
The Role of organizational culture in preventing

Fraud, Specifically Corporate Fraud, Is A Common Occurrence
Fraud, specifically corporate fraud, is a common occurrence with a tremendous amount of precedent – stories of high–level corporate executives
committing and encouraging fraud in the name of competition are constantly surfacing. A few of the more well–known perpetrators of fraud include
Jordan Belfort, Michael Milken, and Bernie Madoff. Corporate fraud is often thought of as a shady, or unscrupulous, act committed by an
ethically–challenged millionaire, with a tremendous appetite for money and power, sitting comfortably in their corner office. The same person could
be described as being a, "twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers" as former Forbes staff writer
Roula Khalaf famously ... Show more content on Helpwriting.net ...
The insatiable greed shown by fraudsters is acceptable since people should be able to legally earn as much as they please, but in advancing their
business practices past gray–area into illegal boundaries is where punishment becomes necessary. More concise, not expansive, fraud laws should be
implemented in order to decrease the amount of gray–area present in corporate law. This makes judgement and investigation of fraud clearer to
investigators and judges alike.
Causes:
The risks and rewards of corporate fraud incline many to question what some motivations of fraud are. The most evident motivating factors are
certainly money and power. The corporate world offers many lucrative positions that come with generous salaries, along with these benefits come
nefarious means of achieving ambitions. The fraud triangle is a well known tool created by Donald R. Cressey which helps to, "explain the reasoning
behind a worker's decision to commit workplace fraud" (HR Zone, par. 1). There are three aspects designed to break down some motivating factors for
fraudulent activity. Pressure, or incentive, indicates a person must feel the need for the money they are obtaining illegally such as insufficient revenue,
low stock prices, or personal expenses. Opportunity illustrates a person has the

Larceny Fraud
I recently finished a stint with the IRS–Criminal Investigation Division and I was exposed to some of the principles we are talking about. Effective and
efficient internal controls are paramount in negating and mitigating the possibility of internal fraud.
A. Identify the people who have the opportunity to steal cash
Operation employee
Audit staff
Financial Manager
B. Identify ways in which these individuals can steal cash
There are many different methods used by employees to steal from a company. Often when you mention employee theft, the first thought is of a cashier
pocketing some money from the cash register or a maintenance person stealing some items from around the office. While this happens, there are many
other ways that employee steal from the company. The most common types of employee theft, as reported by the National Federation of Independent
Business (NFIB)5, are:
1Larceny/Embezzlement
2Skimming
3Fraudulent Disbursements
4Stealing Business Opportunities
Each type of theft is committed in a different way and will be explained in detail in the next sections.
4.1 Larceny/Embezzlement
Larceny is defined as the unlawful taking of personal property with intent to deprive the rightful owner of it permanently. This is the type of theft that
involves an employee outright stealing cash or property from the employer. It is ... Show more content on Helpwriting.net ...
It is critical for small businesses to make sure that they maintain control over their company and prevent this type of behavior ever being part of the
corporate culture. It is important to know that most employees are not inclined to steal and that 80% will only steal due to the opportunity and

likelihood that they will get away with it. This temptation can also be applied to business owners and it is important to know the temptations that may
arise and cause employers to illegally increase their income as

Enron 's Financial Fraud And Corporate Fraud
Years ago, a series of financial frauds and collapses was occurs in United States. Includes Enron, Global Crossing, Worldcom, Healthsouth, AIG and
Lehman Brothers scandals. In the American capital market, the investors abandoned a number of large listed companies leads to the bankruptcy for
those companies. The corporate frauds not only deceive investors, but also make oneself paid a heavy price. At the same time, it not only harm the
capital market, but also caused a significant impact on American that resulted in regulation changes. These purpose of corporate fraud and reason are
different, which Enron's financial fraud is typical event and influence accounting filed lots. Because Enron is the beginning of the series of financial
frauds in American, and secondly is form growth to the bankruptcy of Enron, has attracted American media and public, the third reason is Enron's
event also lead to the world top five accounting firm Arthur Anderson collapses. Enron was one of the world biggest electricity and Gas Company,
before it announced bankrupt. The sales amount in 2000 was reached 101 billions American dollar, and the company was rewarded as the most
innovate companies in United States in six year terms. However the truth make Enron's famous all over the world is that company was bankrupt in
several weeks in 2002 after it was disclosed the company's institutionalization of systematic financial fraud scandals for years. Since then, Enron was a
symbol of corporate fraud

Casino Fraud
Computer hackers became prominent in the 1980's when the FBI investigates breach of security at the National CSS. When an employee of the
National CSS revealed his password cracker, the company chastised him not for writing the software but by no telling them sooner of the security
weakness and vulnerability.
Head honcho of Israeli, Gery Shalon, a 31–year–old from the Republic of Georgia in an organized cyber crime operation was involved in stock
manipulation, money laundering, gambling and more that spread like cancer in a global scheme. According to US authorities there is nothing that
even remotely comes close to corporate hacking than that of the global crime syndicate for the digital age. Federal prosecutors defined it as a mob
operation involving more than 100 people in 12 countries with proceeds reaching into hundreds of millions of dollars. His hacking enterprise included
running pump–and–dump stock schemes, credit card fraud, fake pharmaceuticals and running ... Show more content on Helpwriting.net ...
On one Casino affiliate site an email reply from the finance department at Classy Casino in regards to non–payment complaint had this to say:
We would like to inform you that after reviewing your user activity which is based on your deposits during last 30 days, your withdrawal request was
not approved at this time.
Organized crime takes a modern turn, far removed of an era of bootleg liquor or drug lords and illegal video poker machines labeled deceptively
"for fun only". There is no small time muscle man waiting in a car who rolls down the black tinted windows with a not so nice warning or hit man
ordered by the Godfather to "take care of it". These type of hoodlums still exist but there is a far more sinister criminal injustice that wreaks havoc in
large volumes with potential to cause global implications.It is this type of powerful capabilities we shutter at the mere thought of "what

A Business Fraud And Cybercrime
Both large and small companies require a certain amount of protection from fraudulent acts. To be naive in thinking that fraud would never occur
within a company would be reckless. There are three key objectives when operating a business, whether large or small. These objectives include
prevention, detection, and response, and should be implemented into every company's operations. When exploring preventative techniques, there are
seven recommendations made by professionals to reduce the most often seen attacks of small business fraud and cybercrime.
Most importantly a company should protect their assets, specifically their credit cards and bank accounts. Credit cards and bank accounts are a
common source of fraud and should be recognized as the most important advice to adhere to (Beesley, 2013, para. 5).Professionals recommend
"separating your personal banking and credit cards from your business accounts – this will ensure fraudsters don't get their hands on all your money.
This will also make it easier to track your business expenses and report deductions on your tax return" (Beesley, 2013, para. 5). It is also recommended
that credit cards are not shared with employees within the company. There are many advancements in technology that allow for reduced use of having
to tote around an actual credit card, for example, bills can be paid in advance online (Beesley, 2013, para. 6). Along with online bill pay, e
–statements
have also become available as well. If online

Refund Fraud
Florida AG accuses Clearwater firms of fraud in property deals. Two Clearwater businesses and their president, alleging the companies defrauded
consumers out of thousands of dollars in a land buying scheme. The defendants charged upfront fees on average of $2,250 for brokering the deals,
sometimes promising to refund most of the money, but rarely following through on those promises, a statement said. 34 people were paid about
$70,000 to Scott and the two businesses.
Tampa man sentenced for credit card 'skimming' fraud. Dariel Sardinas Lopez, 22, of Tampa has been sentenced to four years in federal prison for
credit card fraud and ID theft, in relation to a card number "skimming" scheme at local gas stations. Sardinas Lopez pleaded guilty in ... Show more
content on Helpwriting.net ...
Two years after a federal grand jury charged the owner of a medical supply company in Largo in a multimillion–dollar fraud scheme, that business
owner has been arrested. Ubert Guillermo Rodriguez, the president of G.R. Services Equipment and Supplies. The company claimed to provide durable
medical equipment to Medicare beneficiaries, but between the month of May and July of 2013, Rodriguez caused G.R. Services to submit about $2.6
million in untrue and fraudulent activities to Medicare for equipment that was not given by doctors and not provided to recipients, the indictment

Fraud And Fraud
INTRODUCTION
Fraud is a criminal act which involves deception to gain an unfair advantage more often financially Bolton and Hand (2002:235).In this essay, fraud is
discussed in relation to the critical paradigm which Schichor (1980:14) believes is an over–simplification criminal behaviour as it is based on the
econo–political factor. Apart fromfraud discussion, an analysis of possible fraud acts offenders as well as the limitations of the critical paradigm is
included in this essay. Typologies such as electoral fraud seem to related well to the critical paradigm as the rich do definecrime and laws protect them
at the poor's expense. However, fraud types such as E–tailing, insurance, wire and accounting fraud are not committed by the poor in rebellion to the
laws imposed on them by the rich as the paradigm suggests. Zahra, Priem & Rasheed (2005.p. 804–805) say the managerial administrators commit
fraud more than the poor. Perhaps due to the poor's lack of information and advanced technology in contrast with the rich's quest to get more wealth.
FRAUD
Bigelow and Melville (1887:419) acknowledge that fraud is showed in such interminable assortment of structure and expression, in such complex and
always showing signs of change camouflages which challenges a specific ... Show more content on Helpwriting.net ...
Which perhaps proves the rich's dominance in eliminating fraud evidence and having the law work in their favour. An example is in Afghanistan
during the 2009 elections which resulted in the victory of Hamid Karzai which the United Nations even noted was fraud through ballot rigging
Tarvenise & Abdul (2009:n.p). This shows how the rich exert their power and do not only define what is crime in the society but have the final
decision without considering the majorities, (poor) vote choice confirming the critical paradigm theory on the rich making suitable laws at the expense
of the

A Case Of Accounting Fraud
Another major case of accounting fraud driven by the desire to build and protect one's personal financial condition is the WorldCom debacle. Bernie
Ebbers had to show continually growing net worth in order to avoid margin calls on his own WorldCom stock that he had pledged to secure loans.
When WorldCom, the telecommunications giant, failed and was put into bankruptcy, the U.S. witnessed the largest accounting frauds in history.
Former CEO, Bernie Ebbers, was convicted of orchestrating this accounting fraud and was sentenced to 25 years in prison in July of 2005. For Ebbers,
who is 63 years old and has a heart ailment, this will likely mean spending the rest of his life behind bars for his role in the biggest corporate
accounting fraud in US history. He was convicted by a federal district court in New York of fraud, conspiracy and making false filings.
The fraud carried out at WorldCom amounted to a staggering $11 billion, far greater even than the accounting manipulations atEnron. Thousands of
workers lost their jobs and life savings after WorldCom collapsed in the summer of 2002, and tens of thousands of investors were defrauded.
WorldCom made major accounting misstatements that hid the increasingly risky financial condition of the company, by recording more than $9 billion
in false or unsupported accounting entries in WorldCom 's financial systems in order to achieve desired reported financial results.
In 1983, Ebbers formed Long Distance Discount Service (LDDS). The

Fraud Is A Global Problem
Fraud is deliberate deception to secure unfair or unlawful gain. Fraud is both a civil wrong (i.e., a fraud victim may sue the fraud perpetrator to avoid
the fraud and/or recover monetary compensation) and a criminal wrong (i.e., a fraud perpetrator may be prosecuted and imprisoned by governmental
authorities).
Fraud is not prejudice; culture, ethnicity, and religion, are not factors in determining who will commit fraud. Finding fraud can be difficult. We 're
constantly reminded at every client consultation, audit, fraud and accounting conference we attend that fraud is inherently hidden. Deception, alteration,
fabrication and the destruction of documents seems to be the norm for all fraudsters, yet qualified anti–fraud professionals can ... Show more content on
Helpwriting.net ...
These policies and procedures should include, a written fraud management program, ongoing fraud risk exposure review, prevention techniques,
detection techniques, fraud brainstorming, and a reporting process that involves all employees .
II.Business Challenge
Our clients by their very nature are entrepreneurial. Through drive, will, and determination they developed and grew their organizations. The traits that
made them successful, such as drive and a focus on growth, are reasons for their success. An area where many entrepreneurs lack the skill–set or time
to address is the creation of the policies and procedures that many large firms have in place. In many cases this is one of the reasons they hired CFO
Strategic Partners. Unfortunately, the lack of strict policies and procedures can make them most susceptible to fraudulent activities.
From being overcharged for supplies to time cards that inflate hours worked, over 97% of companies with fewer than 100 employees have
experienced some sort of fraud within the last year. The ACFE's 2014 report describes that, on average, companies with fewer than 100 employees
suffer an average loss of $154,000 compared to entities with 1000 – 9999 employees with an average loss of $100,000 due to the differing levels of
occupational fraud existing in the organizations. Occupational fraud costs the typical organization 5% of revenues annually. Occupational

Payroll Fraud Case
I agree with Rebecca Backman about a possibility that the fraud was committed by someone in the payroll department. I also think if this is not the
case, it can be either by an employee submitting fictitious vendor invoices that contain specific banking information to wire funds or by an outsider
that knows specifics log in and passwords of the company's online banking profile, such as someone from the Board Members or someone from an
outside accounting firm hired by the company.
In the first place, why is the Payroll Department taking care of all vendor contracts? As a matter of fact, the payroll employee handling the vendor
contracts has the opportunity to be the one processing fictitious vendor contracts and creating invoices to match ... Show more content on
Helpwriting.net ...
We need more information to determine the shortage of funds in the company. If thefraud committed was orchestrated by someone from the accounts
payables department, then probably one of the "employees" created a fictitious vendor in the company and made up the invoices for services or
inventory and process payment to the fictitious vendor.
Knowing that everything is tracked in the company and none of the top 5 administrators committed the fraud. Then, probably the fraud was committed
by an outsider that knows banking information from the company. This could be someone from the accounting firm use to audit the company's
financials.
During a fraud examination process. I would start by reviewing pay rates of the 125 employees in the company. Examine payments made to employees
and payments made to vendors, then vendor invoices and match vendor invoices with contracts. See who is signing the vendor contracts. Review the
internal controls policies of the company and read upon who should be the one signing off on the vendor contracts. The person handling the vendor
contracts can be asked to take vacations. Then, monitor the incoming and outgoing wire payments from the company's banking

Fraud Is Wrong
If I was working in a company for many years and I found out that someone was doing something inappropriate for the company I would first gather
evidence to back up myself. It is hard to protect yourself from your employers when the person who is doing inappropriate things in the company is a
family member of the owner or superior. Sometimes family members of the owners of companies are the ones that do more inappropriate things than
the workers.
In most of the cases, family members of the owner's company still money from the company or send private information to other companies. The
reasons why these people commit fraud to their own family is because they are ambitious and they want all for themselves. Unfortunately, the ambition
of this people not only harm the owner of the company, but also the employees of the company. Since these persons don't want to pay for what they
did, they blame an innocent person. When the owners of the companies found that someone is committing a fraud in their company they open an
investigation to find the responsible. However, the responsibility of the fraud falls to an innocent person. Because the persons that commit the fraud is
an intelligent person and somehow finds the way to blame others and wash their hands. ... Show more content on Helpwriting.net ...
First I would gather the appropriate evidence to protect me from anything or from anyone in the workplace. If you have evidence it is more likely that
others are going to believe you than when you don't have any evidence. There is a metaphor in Spanish that says "papelito habla" which means papers
talk. This means that if you have the evidence on your hands you are powerful. Another important aspect to gather evidence and tell the truth would be
professional ethics. As a professional person, you should have high standards of principles and values. This means that you must follow certain
professional ethics to complete your work with

Corporate Fraud Is A Big Part Of The Fraud
Skimming, Cash Larceny, Check Tampering, Billing Schemes, Payroll schemes, and overstatement of inventory are all forms of fraud. There are a
vast amount of fraud types out in the world today that some of us may not have even realized yet. With the immense amount of fraud that is occurring,
how could so many people get away with committing it? The answer is there is too much fraud occurring for anyone to look into the smaller
fraudulent acts. There are specifically two types of frauds that occur that focus a lot on the business aspect, Corporate and small business fraud. Small
business fraud tends to appear more often than corporate fraud but that still doesn't hide the issue of corporate fraud being a big part of the fraud
domain. Corporate fraud is a little less complex compared to small business fraud.
Corporate fraud is the undertaking of activities by an individual or company that are designed to be dishonest and illegal. Not only does fraud
exists within a small business but also corporate fraud goes beyond the employee's stated position and usually is marked by the complexity and
impact on the business. This seems to be a lot like small business fraud and well fraud in general. That is because fraud is fraud no matter what
category it is put in. Fraud continues to occur everyday, in small and large businesses. The types of fraud however can be the same but on a much
larger scale when dealing with corporate fraud. Some of the major types of corporate fraud that tend

Virtual Relationship Fraud
Virtual Relationship Fraud 2.0
Introduction
Deception is one of the most highly discussed terms within the modern day society; the awareness between deception and communication technology
has raised many questions regarding deception and technology, also known as 'digital deception'.
Research Questions
The questions this paper will research are societal issues concerned with deception and self–presentation. 1) How can the Internet facilitate deception
through the manipulation of identity; 2) how are lies produced; do they differ in Internet conversations used to form intimate relationships? Do
different media vehicles cause more intentional forms of lying; 3) is there a way to detect digital deception in different online communication spaces?
In which situation is it more difficult to detect lies in a text–based or face–to–face interaction? What factors affect our ability to determine these
deceptions?
Motivation
In order to further develop the motivation behind this fascination, I will question the reasoning behind digital identity fallacies, and what steps are/can
be taken in order to prevent this misuse of online dating communities. In order to fully prepare an argument that has been structurally constructed based
on previous researchers evidence, I have incorporated many sources that have addressed the topic of digital deception and "catfishing" before
developing my own research.
Methodology
Digital deception refers to the intentional control of information in a

Fraud Prevention
Ashley Davis
CRJS270–1103A–05
Security and Loss Prevention
IP5
8/18/2011
Abstract
This paper is about the benefits of a comprehensive control program. It will also talk about what would be the benefits from a control program. It will
also talk about what procedures should be taken into consideration for the controls, including independent checks, and a system for the documents and
records. It will go into talking about a fraud hotline program to help detect fraud and also preventing fraud.
Fraud Prevention
Management is aware of the increased requirements for a public company to maintain a system of internal control to help prevent and detect fraud.
The CEO, Mary Moore, is also interested in using a proactive posture toward ... Show more content on Helpwriting.net ...
Can the current controls be overridden or circumvented? Future audit programs should include tests on the design and implementation of these controls.
If an event has been identified as inconsequential, internal auditors may decide to take no action; even so, at

Flowvent Fraud Essay
1.Plan
I will begin by constructing my fraud assessment team, ensuring it consists of a few senior human beings. Then, coming together we set some goals
that are particular, measurable, workable, applicable, and timely. We write down what the definition of success seems like after which we speak our
intentions throughout the business.
2.Identify
Here, I will identify the risks that Flowvent faces such as the embezzlement of funds, procurement, disbursements among others. My team will help me
establish all the available fraud risks by collecting information from the Flowvent employees through questionnaires.
3.Assessment
After identifying the fraud risks, I can then examine the potential damage which have been caused by the fraud activities in Flowvent. There is need to
do a cost–benefit analysis of the risks and then determine the right procedure to deal with ... Show more content on Helpwriting.net ...
Communicate
Its then the time to compile a report of the identified risks and what is currently done in order to attack them, and what is done to prevent the risks
from occurring in the future. I will then let the stakeholders to know what I have not done including the deficiencies in it.
6.Implement
This involves putting in place what the I have planned and the controls not forgetting the directive, the preventive, and the response plans.
7.Monitor
Here I will then track all the measures that I have put in place and analyze how effective they are.
Recommendations
Flowvent need to come up with the compliance department so as to ensure that all that is done by the stakeholders is right. The company should
employ more workers so that they can have enough time to monitor what is happening and identify any possible fraud risks that can occur. The
company should also come up with fraud risk assessment team who can be able to conduct assessments every financial year and make a full report. A
formal fraud or compliance training should be given to all the employees who are recruited to Flowvent

Fraud In Nonprofit Organizations
Nonprofit organizations are associated with goodwill and helping mankind. Because of this, many people do not think that fraud is a concern in this
sector. However, the average nonprofit organization does not have strong governance in place. This is due to their erroneous assumption that their staff
and volunteers would not take advantage of the organization and profit individually from the organization's funds. Internal controls, very common in
for–profit organizations, can help these organizations prevent any fraud by conducting employee background checks and by reducing internal theft
opportunities through segregation of duties.
Nonprofit organizations are generally associated with goodwill and help for mankind. Because of this perception, ... Show more content on
Helpwriting.net ...
G., Kelly, J. A., & Buckhoff, T., 2010). Having an ethical tone at the very top of the organization is a simple, cost
–effective governance measure to
implement (Daugherty, B., & Neely, D. G., 2012). This can be accomplished through fraud training, audits, and an anonymous hotline to report fraud
(Daugherty, B., & Neely, D. G., 2012). Involving CPAs for auditing functions can provide more scrutiny and accountability for the employees of the
nonprofit organizations, which can help in detecting and deterring fraudulent activities (McNeal, A., & Michelman, J.,

Kmart Fraud
The Kmart fraud was the result of improper recognition of vendor allowances and improperly and fraudulently recognized customer rebates. Kmart's
historical accounting policy for vendor rebates did not comply with GAAP and the financial statements misrepresented and misled investors about the
Company and its accounting. In order to meet senior management's earnings expectations, Kmart began obtaining allowances from their vendors for
various reasons including marketing and promotional reasons. The allowances were recognized early and then "pulled forward" to change earnings
(prior to Oxley act, GAAP in FASB's Concepts Statement No. 5, В¶ 83, provides that revenue should not be recognized until they are earned). The
accounting department was

Medicare Fraud Essay
Collectively, the Department of Health and Human Services and the Department of Justice work to reduce healthcare fraud and investigate dishonest
providers and suppliers. The Health Care Fraud Prevention and Enforcement Action Team recouped almost 3 billion in fraud, this year alone. Also,
aggressive strategies exist to eliminate Medicare prescription fraud. Patients abusing or selling painkillers received by visiting several doctors and
obtaining multiple prescriptions costs Medicare millions annually. Fraud affects everyone, preventing it requires government officials and citizens
diligently working together.
Protection from Medicare Insurance Fraud
Medicare provides healthcare coverage for individuals over the age of 65, in ... Show more content on Helpwriting.net ...
Common fraudulent practices include billing for services never received, upcoding or unbundling of services, and mislabeling. Billing dishonest
services occurs anytime a healthcare provider charges Medicare for a service the patient never received or billing for a more expensive service than
performed. Upcoding and unbundling, two examples of billing for a more expensive service demonstrate this fraudulent practice. Simply put, upcoding
occurs by billing more expensive codes than the services performed, while unbundling refers to a "bundled" service broken down or unbundled,
allowing procedures billed separately to obtain a higher reimbursement than customary. Mislabeling, the practice of substituting non–covered services
or products with services or products covered under Medicare guidelines also constitutes fraud. For example, a home healthcare company commits
fraud by mislabeling house cleaning services, not covered by Medicare, as a nurse visit in order to receive payment. A pharmacy filling a patient's
prescription with generic drugs and charging for name brand drugs also represents mislabeling.
Identifying Fraud
Fraud identification requires Medicare patients actively monitoring healthcare services by recording service dates and saving receipts and statements
for all services. Monitoring allows easy verification of charges and enables quick rectification of errors or in some cases, fraud. Patients noticing

Fraud Case Study
Freddie Mac Fraud
Thanaphan Darnsomboon
PME604 Project Financial Management
National University
December 18, 2012
Freddie Mac Fraud The definition of fraud is "an intentional deception or deceit, perpetrated for profit or to gain some unfair or dishonest advantage"
(dictionary.com). Fraud is a breach of law and can be punishable by law. Mortgage fraud is one of the financial crimes where a company materially
misrepresents or omits information on its mortgage loan documentation in order to secure a loan larger than what is actually required for the business.
It could be perpetrated by one or more participants, including the borrower, real estate agent, loan officer, appraiser or multiple related parties. Fraud
not only destroys a ... Show more content on Helpwriting.net ...
Loan level misrepresentation might include fabricated employment, income, or asset documents. Consumer and mortgage debts might not be disclosed
on the application. The sources of funding might also be misrepresented. Usually, the recorded owner should always be the same as the person on the
contract, who sells the property, title documents and appraisal when conducting a purchase. If the person who sells the property or the person who
borrows is not the same as the owner on record, the loan needs to be reinvestigated to ensure the legitimacy of the transaction. Identify theft is
generally used when dealing with impersonal real estate agent, loan officers and appraisers (Freddie Mac, 2012).
There are numerous types of fraud, such as builder bailout schemes, condominium conversion bailout schemes, property flips and multi–lien frauds.
The builder bailout scheme occurs when the sales speed in the market is slowing down while the builders and developers want to transfer property
quickly. Condominium conversion bailout schemes occur when the builders and developers want to transfer units quickly and there is a depression on
the real estate market. Property flips happen when certain properties have changed ownership numerous times in a short period of time. It becomes
illegal when a property is purchased and resold frequently at an artificially inflated value. Multi–lien fraud occurs when multiple loans for the same
house are secured

Workers Compensation Fraud
Whether you're starting a new business or already in an established business, you need to know the basics of workers' compensation insurance.
Almost every business that has employees other than the owner is required by state law to carry workers' comp. But you need to be careful in
choosing a policy. The fact is many insurance companies can get remarkably tricky when it comes to writing policies– in their bag of tricks are such
ploys as classifying the type of work your employees do incorrectly, miscalculating so–called modification factors, and making a variety of other types
of mistakes which, oddly enough, result in insurance costs to you that are higher than they need to be.
Beyond needing to hold your own against your workers' compensation insurance carrier, there's another reason to take a few minutes to learn more
about this type of insurance, namely, fraud. Workers' compensation fraud is the second largest category of white–collar fraud in the United States today,
second only to income tax evasion. According to industry observers, fraud occurs in almost a fourth of all claims. It can take the form of employee
fraud (an employee who's been in an accident claiming to be injured more seriously than he/she really is), ... Show more content on Helpwriting.net ...
Workers' compensation is regulated primarily by the states (and Washington DC) so there are 51 separate sets of rules which govern benefits,
premiums, and coverage. However, a so–called "rating bureau" called the National Council on Compensation Insurance (NCCI) has developed a
manual used by many states to regulate how insurance companies calculate your rates. NCCI states rely almost completely on this manual, while some
other states have developed their own manuals. For example, Nevada sticks closely to the NCCI manual, whereas California has developed its own

The Serious Fraud Office
Under normal circumstances, I would have considered some other stakeholder, like employees or customers, however I felt it was best to analyse
how the actions of Barclays has affected the amount of interest regulatory authorities, specifically the Serious Fraud Office (hereby referred to as
the SFO) has taken in the company. Regulatory authorities in general, fall into Zone C of Mendelow's matrix, as discussed previously. They wield a
high level of power and thus have the ability to massively effect the running of a business if they so wish to do so. Under normal circumstances these
entities have a low level of interest in the everyday activities of a company. However the number of corporate scandals such as the LIBOR rate
rigging, has drastically

Why Fraud Is Fraud
Fraud is defined as misinformation by a person of a material fact, known by that person to be improper or made with negligent indifference to whether
the fact is true, with the intention of deceiving the other party and with the result that the other party is injured. Constructive fraud differs from fraud as
defined above in that constructive fraud does not involve a misrepresentation with intent to deceive, gross negligence on the part of an another injured
party.
The fraud has two different kinds, un–management fraud and management fraud. The un–management means individual fraud is the company's
employee use the defect of the management, illegal to get assets from the company, it has some ways to get the assets, forged documents, complicity or
collusion with others. It commonly the employees use their duties to make some profit for themselves from the company. When the company loss
internal control, the individual can commit the fraud, this is dishonest. The defect of the internal control is the circumstance for these individual fraud.
The company has this background, even ... Show more content on Helpwriting.net ...
Opportunity to commit fraud is possible, the fraudsters believe that they can commit and it not be discover. Employees have the opportunity to access
the assets and information, so the people who can access may commit fraud. That beside the company's weak internal control. The managers have
become more responsible of employees. That will led the more opportunities to access the assets, the more control of companies. Committing fraud
through use of people's position normally happens, beside assets are necessary for a staff to complete his job. Opportunities to commit fraud can
increase the ratio about the company fire employees, it also created by poor management agreement oversight and use the people who is positive and
authority. Company should make a clear supervise system to measure the people who corruption in high

Healthcare Fraud
Fraud is a serious crime that should concern all parties of the U.S. health care system and is a costly reality that the government cannot overlook. While
not all fraud can be prevented, by learning about the many different types of fraud, patients can be educated on how to protect themselves from fraud. If
we use government programs to inform the public that they can be targeted, the dollar amount for these cases for fraud can be reduced. An informed
public and a properly funded FBI will go a long ways in the overall crackdown of health care fraud.
The Federal Bureau of Investigation is spending large amounts of its budget to crack down on health care fraud. Special units have been formed to help
the FBI Crimes Section find these ... Show more content on Helpwriting.net ...
Yet, with all of this positive marketing for new surgical procedures, the lack of knowledge of potential patients is being taken advantage of on a
routine basis. Hospital administrators are now trying to find more ways to get their physicians to get more work in order to add to the hospital's
bottom line. Physicians are feeling the pressure from management to get as much work done as possible and they are burning themselves out (Health
Care Fraud 1).
The Federal Trade Commission and the Food and Drug Administration have advised people that they could be prime targets of health care fraud if
they have one or more of the following conditions: cancer, AIDS, arthritis, multiple sclerosis, diabetes and Alzheimer's disease. People with these
conditions need to be up to speed on the coverage of their insurance and if they can qualify for government programs. Cancer is one disease that
shocks a person mentally as soon as it is diagnosed. Feelings of death can sometime impose improper judgment by those that have been diagnosed
and can lead to poor planning for the attack on their cancer. "Miracle" cures need to be questioned before one jumps to a conclusion that probably
won't cure them and could leave them with a huge hole in their wallet. If one is willing to try such cures, they should enroll in clinical studies that are
endorsed by the FDA. An HIV or AIDS

Essay on Worldcom Fraud
Abstract
On March 15, 2005 former CEO of WorldCom, Bernard Ebbers sat in a federal courtroom waiting for the verdict. As the former CEO of WorldCom,
Ebbers was accused of being personally responsible for the financial destruction of the communications giant. An internal investigation had uncovered
$11 billion dollars in fraudulent accounting practices. Later a second report in 2003 found that during Ebber's 2001 tenure as CEO, the company had
over–reported earnings and understated expenses by an astonishing $74.5 billion dollars (Martin, 2005, para 3). This report included the
mismanagement of funds, unethical lending practices among its top executives, and false bookkeeping which led to loss of tens of thousands of its
employees. ... Show more content on Helpwriting.net ...
(Farrell, 2005, para 1). Unfortunately for Ebbers, the grand jury wasn't ignorant to the facts of the case and found Ebbers guilty on nine counts of fraud.
He was sentenced to 25 years in prison. Many critics felt that the sentence was too harsh and others not harsh enough. The sentencing of Ebbers did
not change the situation of the shareholders and employees who lost more than $100 billion in stock value, 17,000 jobs and their entire retirement
savings. Ebbers was allowed to keep one of his homes, $50,000 in cash and a retirement account (Ernst & Young, 2005, para 6). Many supporters of
Ebbers still questioned how much of a role he actually played in masterminding the WorldCom scandal. The question still remains if greed was his
motive, why didn't Mr. Ebbers sell more stock? One explanation could be utilitarian based reasoning. Utilitarianism, the consequentiality theory most
widely accepted, and put forward by Jeremy Bentham and, later, John Stuart Mill suggests that an action is right if it maximizes happiness for the
greatest number of people over the long term, given that everyone's happiness is of equal value (Gold, 2008, para 8). Some say as WorldCom grew at
a rapid pace, Mr. Ebbers set expectations high. This led

Financial Fraud, And Identification Of The Different Fraud...
It is important to first gain an understanding of the various types of fraud, in order to aid understanding in regards to the prevention of fraudulent
activity. This paper begins with a review of the definition of financial fraud, and identification of the different fraud types. Further, included is an
examination of what motivates individuals to commit fraud, including an identification of some of the method in which people commit fraud. A
discussion of the importance of the fraud triangle, and how rationalization contributes to fraud is a key area of focus. Finally, there is an examination of
some controls that prevent and detect fraudulent behavior, including the value and importance of understanding the nature of fraud for ... Show more
content on Helpwriting.net ...
In fraud committed against organizations, the victim of fraud is the employee's organization. In frauds committed on behalf of an organization,
executives usually are involved in some type of financial statement fraud; typically, to make the company's reported financial results appear better than
they actually are. In this second case, the victims are investors in the company's stock. A third way to classify frauds is via the use of the ACFE's
occupational fraud definition, "the use of one's occupation for personnel enrichment through the deliberate misuse or misapplication of the employing
organization's resources or assets" (ACFE, 2010). The ACFE includes three major categories of occupational fraud: asset misappropriations involves
the theft or misuse of the organization's assets, corruption involves the wrongful use of influence in a business transaction in order to procure benefits
contrary to their duty to their employer, and fraudulent financial statements involving falsification of an organization's financial statements for personal
gain. Occupational Frauds Employee embezzlement is the most common type of occupational fraud, and can be either direct or indirect. Direct fraud
occurs when the employee steals company assets such as cash, or inventory. Indirect fraud occurs in instances where employees take bribes or
kickbacks from vendors, customers, or others to provide allowances such as lower sales prices,

Fraud: Early Warning Signs of Fraud Essay
The early warning signs of fraud are, usually, always ignored. There are warning signs for every type of fraud out there. To understand the warning
signs of fraud, we must first know what fraud is. Fraud is the intent to trick someone or lie to someone in order to receive financial gain. This
definition varies depending of the type of fraud used, but the person committing the fraud is always looking for financial gain. There are many types
of fraud out there. You have Medicare fraud, internet fraud, mortgage fraud, loan fraud, tax fraud, embezzlement, forgery, insurance fraud, and
marriage fraud. These are only a few types of fraud. There are many more types of fraud out there and new types of fraud are being committed every
day. This... Show more content on Helpwriting.net ...
Tax payers are putting money into Medicare throughout all of their working life and are expecting it to be there to help provide for the elderly
who need it. The physician never pays taxes on any of the money that Medicare has sent him. Patients that see that physician may feel less secure
and switch to other doctors if a fraud has occurred. One way this fraud is detected is when, "the unknowing physician gets a call from the Internal
Revenue Service" (3). For the fraud to occur, all the thief needs is to obtain the physician's ID or obtain a physician's prescription pad. The
physician's ID, business address, and medical license can be obtained through hospital files. The prescription pad can be obtained at the physician's
office. Once the physician's ID, business address, and medical license are stolen it can be sent to, "the state health department to obtain Medicaid
provider numbers" (3). The thief will also change the address of the business. Patient information is also important to be able to bill Medicare or
Medicaid. The reimbursement checks are sent to the new addresses and the thief forges the physician's signature. The thief may use the prescription
pad to prescribe unauthorized medicines. Sham clinics are also set up by thieves to write illegal prescriptions. A few warnings that a fraud is occurring
is when you notice prescription pads are missing. If the Internal

Financial Fraud : Fraud Against Older Americans
Financial Fraud
"900" Telephone number fraud
Advance–fee loan schemes
Charity fraud
Credit card fraud
Schemes that charge money for services that the Government provides for free
Cute–rate health insurance fraud
Investment fraud (Ponzi Schemes)
Solicitations disguised as invoices
Oil and gas investment fraud
Land fraud
Fraud Against Older Americans
Sweepstakes advice for the elderly
Sweepstakes and Lottery Fraud
Illegal sweepstakes information
Chain letters
Free–prize scheme
Foreign lotteries by mail
Government look–a–like mail
Free vacation scams
Telemarketing Fraud
Rules for telephone solicitations
Characteristics of telemarketing fraud
Other Types of Mail Fraud
Home improvement and home repair ... Show more content on Helpwriting.net ...
The process of the mail when it is sent out for delivery, the employee when dropping mail becomes aware of a bad address has to bring it back to their
location and then gets processed to be return back to the original sender for a bad address.

"Postal Inspectors across the country work hard to protect your mail, but with deliveries to more than 100 million addresses, the Postal Inspection
Service can't do the job alone. Here are some things the Postal Inspection Service recommends you can do to protect your mail from thieves:
Use the letter slots inside your Post Office for your mail, or hand it to a letter carrier.
Pick up your mail promptly after delivery. Don't leave it in your mailbox overnight. If you're expecting checks, credit cards, or other negotiable items,
ask a trusted friend or neighbor to pick up your mail.
If you don't receive a check or valuable mail you' re expecting, contact the issuing agency immediately.
If you change your address, immediately notify your Post Office and anyone with whom you do business with via the mail.
Don't send cash in the mail.
Tell your Post Office when you'll be out of town, so they can hold your mail until you return.
Report all suspected mail theft to a Postal Inspector.
Consider starting a neighborhood watch program. By exchanging work and vacation schedules with trusted friends and neighbors, you can watch each
other's

TADA Fraud Hotline
In the decade following entry of TADA, reports of data fraud exploitations to the FTC surged. In 2001, customers documented 86,212 protestations.
After three years, the number announced expanded about 250% to 214,905 grievances (FTC, 2007). Information from other government offices and
private associations likewise bolster the claim that data fraud has risen exponentially since 1998. The Social Security Administration's (SSA) Fraud
Hotline got roughly 65,000 reports of government disability number abuse in 2001, more than a fivefold increment from around 11,000 of every 1998
(U.S. Department of Justice, 2000). The Privacy and American Business (P&AB) study report that the rate of wholesale fraud relatively multiplied
from 2001 to 2002 (Morris ... Show more content on Helpwriting.net ...
Despite the fact that not as long–running and broad as the FTC's information accumulation program, the ITRC has led yearly exploitation overviews
since 2003, yet these studies are restricted to affirmed casualties of wholesale fraud who have worked with the ITRC. Furthermore, CALPIRG has
directed an investigation of cops and their encounters with data fraud cases (Anderson, 2006). More seasoned people, especially those matured 75 and
more established, and people in the Mountain states are in any event chance for exploitation. Instructive fulfillment and marital status had no impact on
the danger of exploitation (Anderson, 2006). The NCVS detailed that families headed by people ages 18– 24 were well on the way to encounter
commercial fraud, while family units led by people ages 65 and more seasoned were most drastically averse to face it. Families in the most elevated
level of pay, those procuring $75,000 or more, were additionally well on the way to be deceived (White & Fisher,

Disability Fraud

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