X hits on this document

Powerpoint document

Forensic Accounting, Forensic Techniques, and Fraud Detection Copyrighted 2001 D. Larry Crumbley, ... - page 66 / 352

1782 views

0 shares

1 downloads

0 comments

66 / 352

66

© D.L. Crumbley

Triple Fraud Sting

A Michigan woman received an e-mail from a Nigerian asking her to set up a bank account in the U.S. in order to help him steal $18 million.

She set up the bank account (to help pay the so-called bribes and fees) by allegedly embezzling $2 million from her employer during seven months in 2002.

Guess what? She never received a penny. She was indicted on 13 counts of wire fraud.

Fraud schemes are much like derivatives. They spring up, die out, and new ones are started each week.

Source: Kim Komando, “Delete These Scams – Now,” MSN Business, www.bcentral.com/articles/komando/109.asp. Reviewed June 15, 2003.

Document info
Document views1782
Page views1803
Page last viewedSun Dec 11 10:01:07 UTC 2016
Pages352
Paragraphs4554
Words31092

Comments