Fraud Schemes and Fraud Investigations
Using the Internet or Strayer databases, identify and research a company with an employee who was involved in corporate fraud. For the assignment you will determine how you would implement an investigation of the fraudster, discuss how you would collect evidence, identify red flags, and suggest key investigation practices. You will also recommend a fraud prevention plan for the organization and discuss how it might impact the organization and its employees.
Write a 4-5 page paper in which you:
Based on your research, assume that you are fraud investigator assigned to coordinate an investigation of the fraudster. Determine how you would implement this investigation without the fraudster’s knowledge. Provide support for your rationale.
Assuming you are the fraud investigator on this case, assess what types of surveillance and/or covert operations you would use to collect evidence related to the fraud. Analyze technological options for investigating fraud, indicating what you believe to be the most effective option. Provide support for your rationale.
During the investigation, assess the most significant red flags that would have been an indication of possible fraud needing corrective action by management.
Based on your research, suggest key practices the fraud investigator could have used in conducting interviews with the fraudster and the company’s employees. Assess the various interviews and interrogation questions available to you. Select the type of interview and interrogation questions that would have been most appropriate for this investigation. Provide support for your rationale.
Recommend a fraud prevention plan for this organization. Determine the positive or negative consequences that this fraud prevention plan might have on employees’ morale and the public perception of the organization. Provide support for your rationale.
Use at least four quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.
The specific course learning outcome associated with this assignment is:
Recommend key practices for investigating and preventing fraud, based on a given case.
Institution Release Statement