Business Research Misrepresentation In the court case United States v. Dokich, case No. 08-2850, appealed and sustained on July 21, 2010, Melvin Dokich defrauded many investors for millions. Dokich sold stock for a fraudulent company named Efoora Incorporated. Efoora made claims of conducting research for developing diagnostic tests for HIV, mad-cow disease, and blood glucose levels. Efoora’s claims of research and testing was feloniously supported, and staged, by inviting potential investors and customers to Efoora’s headquarters in Buffalo Grove, Illinois.
Ethicality of Accounting Activities The WorldCom case is an example of unethical behavior performed by a company by abusing accounting activities to reflect misleading financial information. In this case the main cause of this unethical behavior is greed and neglect by the executives that allowed and encouraged this behavior. On the other hand, WorldCom employee Cynthia Cooper is a prime example of ethical behavior that took place to uncover the wrong doing of individuals. Upon reading an article of a former financial analyst, Cynthia Copper’s mind was intrigued, an audit was conducted on capital spending. In the WorldCom and Cynthia Cooper case unethical behavior was evident in multiple departments and involved top key players that tried to cover up the fraud.
Brook Antonio GEC 100/ Sharon Corbin W3D1 Article Analysis My first article is titled "Jay-z can fight racial profiling in retail." It's an article written from a commentary stand point by Roxanne Jones; former ESPN president, and co-author of "Say It Loud: An Illustrated History of the Black Athlete." Roxanne Jones is expressing her opinions related to rapper Jay-Z's affiliation to the luxury store Barney's. Barney's is in the middle of a racial profiling lawsuit. Roxanne states, “two Barney’s customers, Trayon Christian and Kayla Phillips, said last week that they were racially profiled and detained by police after making expensive purchases."
This term encompasses common offenses such as breach of duty by malfeasance or misfeasance and favoritism, to more potent crimes such as embezzlement of public funds and bribery. In the case of embezzlement of public funds, one or more legally entrusted entities, conspires to act dishonestly in appropriating
This success was largely due to illegal insider trading. According to the SEC, insider trading actually includes legal as well as illegal practices. Insider trading, in the legal form, occurs when an individual trades stock in their own company; as in trading inside as opposed to outside trading in other companies. Illegal insider trading refers to the practice of using tips and information that are not publicly available to buy or sell stock. This is not only a breach in fiduciary duty on the part of the person giving out this information, but also gives the person benefitting from this information an illegal and immensely unfair advantage over other investors in a way that completely disregards the federal laws and regulations that are designed to facilitate a trading environment that harbors equality of opportunity for all.
Wal-Mart workers filed 30 counts of unfair labor practice with the National labor Relations Board (NLRB). The representations alleged “widespread and egregious attempts by Wal-Mart to silence e workers who have been calling for a change of course at the company” (Our Wal-Mart files over 30 New Counts of Unfair Labor Practices Against Wal-Mart for Attempts to Silence Associates, 2013). These example show that of a US organizations that still continue to abuse labor practices both within our country as well as internationally. Although at times these companies have faced tarnished images, these businesses continue to reap profits while executives and stock holders swim in the benefits. Some common items that we buy that are made in sweatshops are shoes, clothes, coffee, and
Consider the risk factors, the elements of fraud, and the analysis of competing hypotheses. 3. Asses the economic losses that occurred at the organization you researched and recommend a plan of action for the company to restore any economic losses. 4. Compare and contrast accidental fraudsters and predators.
In the Great Gatsby, Fitzgerald expresses his concerns about the American Dream through Jay Gatsby. Much of his power comes from his money, which ties him to other sources of power in society, such as Meyer Wolfshiem, a mob boss from which Gatsby gains a lot of his influence. Fitzgerald addresses his views of the corrupt society through “I understand you’re looking for a business connection”. Wolfshiem’s secluded tone during this quote to Nick alludes to the fact that his business may be illegal, but overlooked in a society with differing morals. The film 21 also shows the influence of power and corruption on the American Dream.
Country Analysis Argentina “The crisis and its aftermath” Contents Introduction 2 Context 1999-2000 3 Balance of Payments of Argentina 6 Policy Strategy 10 Context 2005 12 Analyzing Policies 13 Argentina today 14 Appendices 16 Bibliography 20 Introduction Many Latin American countries have had to cope with heavy economic crises in the past decades. One of the memorable and somewhat large economic disturbances in this region was the South American Economic crisis during 2001-2002 which had hit Brazil, Uruguay and Argentina. The crisis of 2002 probably had hit Argentina the hardest. That is why many researchers are spending a lot of time analyzing the causes and consequences of the economic disturbance. The main questions which are frequently posed by researchers are how the Argentine Government could have let this happen!
Even if that person manages to get their life back together identity theft still takes an emotional toll on its victims. There are many ways for criminals to steal your money and identity theft is one of them. Identity thieves can do serious financial damage to their victims. They can steal your credit card number and use it for themselves making many unauthorized purchases that can be a hassle to clear. They can acquire your bank account information and withdraw your money