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Discussion Question, 15 lines, 2-3 paragraphs, 1-2 references and no outline

Identify a case of corporate fraud by finding a current event or by researching historical cases. After finding a case, complete the following in your initial discussion post:

    • Briefly summarize the case, including what happened, who was involved, and what damages were incurred.
    • Note how the fraud was detected and discuss any red flags that appeared prior to detection.
    • Could an accounting and finance system have helped deter this fraud? If yes, how? If no, why not?
    • Are there any specific business policies and procedures that could have been in place that would have prevented the fraud from occurring? Explain.

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