subject
Business, 27.06.2020 05:01 hazeleyes8908

Occupational fraud comes in many shapes and sizes. The fraud at Rite Aid is one such case. In February 2015, Findling pleaded guilty to charges of conspiracy to commit wire fraud. Foster pleaded guilty to making false statements to authorities. On November 16, 2016, Foster was sentenced to five years in prison and Findling, four years. Findling and Foster were ordered to jointly pay $8,034,183 in restitution. Findling also forfeited and turned over an additional $11.6 million to the government at the time he entered his guilty plea. In sentencing Foster, U. S. Middle District Judge John E. Jones III expressed his astonishment that in one instance at Rite-Aid headquarters, Foster took a multimillion dollar cash pay-off from Findling, then stuffed the money into a bag and flew home on Rite Aid's corporate jet. Would you inform the external auditors about the fraud? Explain.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 14:30, madim1275
As he explores his options, sergio notices that some opportunities appear to be riskier than others. when considering various opportunities, sergio should keep in mind that:
Answers: 1
image
Business, 22.06.2019 00:30, ummmmmmmmmmmm
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
image
Business, 22.06.2019 14:30, Hazy095
Taking commercial paper means the holder acts honestly
Answers: 1
image
Business, 22.06.2019 15:30, jasonoliva13
Careers in designing, planning, managing, building and maintaining the built environment can be found in the following career cluster: a. agriculture, food & natural resources b. architecture & construction c. arts, audio-video technology & communications d. business, management & administration
Answers: 2
You know the right answer?
Occupational fraud comes in many shapes and sizes. The fraud at Rite Aid is one such case. In Februa...

Questions in other subjects:

Konu
English, 23.03.2021 16:10
Konu
Biology, 23.03.2021 16:10