Fraud and Forensic Evidence
Fraud to Trial Process
The case study presents a very interesting criminal act, the use of re-directing payers to a mock PayPal, an online payment processing company, where the criminals were then able to capture the PayPal username and their corresponding passwords to access their PayPal accounts. This unusual activity was noticed by a PayPal fraud investigator who noticed there were several accounts that were being opened under the same last names. To that end, after one of the merchants reported being directed to the mock PayPal site, the fraud investigator looked into a report from a PayPal merchant. The initial gathering of e-evidence was by the fraud investigator who used two freeware network-discovery tools that were able to trace the accounts in question to a specific IP...
At this time, they also found a connection to a fake PayPal server address and a shipping address in Russia. Suspicions were confirmed when the PayPal fraud team helped the FBI by using an e-forensic tool kit and found the program on the suspects hard drives, as well as established links between the IP address of the computer, credit cards, and the Perl scripts that were used to open the accounts.
This case study presents a myriad of the legal elements of fraud, and through the exploration of the elements it will build a comprehensive case against the victims. Foremost, the element of fraud which is embodied in the statement "a material false statement" or misrepresentation is something present in this particular case study (INSERT TEXT CITATION). Here, the perpetrator deceived their victims into think…
This means laying out for the jury and the judge the role of different parties and how this contributed to illegal activities. It is at this point when everyone can understand the full context of the case. (Singleton, 2010) (Golden, 2011) Analyze the legal responsibility a forensic accountant has while providing service to a business. The legal responsibility of a forensic accountant is to determine when fraudulent activities have taken place
roles of forensic accountants in preventing and detecting fraud within a business community. The paper highlights the requisites and basic responsibilities of a forensic accountant. The paper also makes references on the special cases where forensic accountants have assisted in fraud detection and prevention. Overview of Forensic Accounting Forensic accounting is the specialty area of accounting used to train an individual to develop the special accounting skills to detect and prevent
Forensic accounting is a special subsection of accounting that goes beyond the typical job description of an accountant. Forensic accountants use their work in courtroom and other legal settings to help. Their primary roles are litigation support and investigative accounting (Zysman, 2012). To do this, forensic accountants combine accounting, auditing, and investigative skills. However, conducting investigations is only one component of a forensic accountant's job description; they also have to
The forensic accounting done on Koss reveals the importance for a business's auditing firm's responsibilities. It also shows that an auditing firm is liable to face legal charges for failing to find a fraud in their accounting activities in a business. The forensic accounting carried out on Koss revealed that the Vice President Sujata and the former Senior Accountant, Julie Mulvane, engaged in a range of accounting fraud cover ups
Assets in the investment portfolio were overvalued. Financial transactions were structured to report smaller amounts of debt and create the appearance of greater cash flow. Financial results were represented in a false and misleading manner. Forensic accountants also played an important role in the Enron case by doing audits and investigating accounting practices to gather evidence of how the fraud was performed. They played vital roles in the court room
Fraud in local government is a critical issue that undermines the integrity of public institutions, erodes public trust, and results in significant financial losses. It encompasses a range of illicit activities including bribery, corruption, embezzlement, and procurement fraud. Across the globe, local governments grapple with the task of curtailing these malpractices, which unfortunately can be deeply ingrained in the political and administrative frameworks of municipalities (Graycar & Sidebottom, 2012). The susceptibility