criminal

Describe how these changes affect the supply of and demand for gasoline. What is the overall effect on equilibrium price?

Describe how these changes affect the supply of and demand for gasoline. What is the overall effect on equilibrium price? Question B The market for gasoline has changed in a couple significant ways over the last few years: new technologies have decreased the costs associated with producing gasoline, and automobiles are becoming more fuel efficient. […]

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Thinking creatively, where would you gather the information to start work on your case in reference to the scenario above?

Thinking creatively, where would you gather the information to start work on your case in reference to the scenario above? Instructions: Respond to PART I and PART II below and then resubmit this worksheet with your responses. PART I Instructions: Respond to the questions below. Review the Uniform Crime Reporting (UCR) website.      What type of

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Preventing White Collar Crime

  Preventing White Collar Crime Strong Internal Controls Managerial Help Employee training The preventive measures to be considered include, strong internal controls, training and help from management. Notably, weak internal controls have been cited as the major contributing factor for this crimes (Surrette, 2016). Additionally, adequate training will provide employers the ability to recognize fraud

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Effects of The Bernard Madoff Scandal (cont.)Loss of investments

  Effects of The Bernard Madoff Scandal (cont.)Loss of investments Loss of jobs Inability to pay loans. White collar crimes have a devastating ripple effects as most of the employers in the organization lost their jobs. Most individuals were out of job after the company collapsed. The situation was devastating to investors who were unable

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Effects of The Bernard Madoff Scandal

  Effects of The Bernard Madoff Scandal Jeopardized safety, health and well-being Mark Madoff commits suicide Humiliation The corporate misconduct jeopardized the safety, health and well-being of the citizens who had enrolled on the investment scheme. A large number of people suffered financial harm due to the fraudulent financial reporting that led to the collapse

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Extent of The Bernard Madoff Scandal (cont.):Repaying the victims

  Extent of The Bernard Madoff Scandal (cont.):Repaying the victims $11.1 billion paid by 2016 In 2012, a total of $3.6 billion was returned to the investors. In 2014, a total $9.8 billion was recovered after Trustee Irving Picard announced acquisition of additional funds to pay the victims. By 2016, $11.1 billion out of the

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Nature of The Bernard Madoff Scandal (cont.):High Profile Victims

Nature of The Bernard Madoff Scandal (cont.):High Profile Victims Felony charges Money laundering Perjury Fraud The scheme had high profile victims including actors Kyra Sedgwick and Kevin Bacon, and director Steven Spielberg. Madoff pleaded guilty to felony charges including perjury, money laundering, fraud and false fillings with the SEC (Berman & Knight, 2010). A total

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