The Phar-Mor Fraud Case

After looking at the information and evidence laid out before us, we have came to

Pavlo said in an interview that he wanted to advance his career and was very eager to make his way to the top level position of the management of the organization (Portal, 2008). He also told that he was rewarded always by doing bad things. Although, he was at pressure in meeting the company’s goals; but he managed his superiors and made sure that he was doing good in fulfilling the company’s goals. He also rationalized his fraudulent activities by hiding the customer’s late payment in order to be benefitted himself, but said that he was helping people more than he was helping himself.

In this paper I will be analyzing the research on Mickey Monus and his fraud crimes. I will exam the fraud and how it applies to this course, such as where it belongs on the fraud tree. Along with what type of fraud was committed, and how they got away with it for so long.

“Nothing endures, not a tree, not love, not even death by violence” (Knowles 14). John Knowles famous quote in his work A Separate Peace does more than leave a lasting memory. Set in the New England preparatory school Devon, the novel focuses primarily on the relationship between Gene and Phineas. Knowles uses foreshadowing, especially in the first chapters to answer questions about the relationship Gene and Finny have. Those moments answer questions about their bond that are left hanging at the end of the novel.

Fred Pomerantz, a war veteran was a very proud and successful man, founded Leslie Fay. Leslie Fay was a women’s clothing store located in the heart of Manhattan’s business clothing district. In addition, Leslie Fay focused on stylishly conservative dresses for women in the 30 to 55--age bracket. In the late 1980s, Leslie Fay was the largest supplier of women’s dresses to department stores. Fred Pomerantz took Leslie Fay public in 1952. However, in the 1980’s Leslie Fay went private again for several years amid a leveraged buyout arranged by John Pomerantz, Fred’s son.

The Corinthian Colleges Debacle unveiled many areas of non-compliance, not only by the for profit private postsecondary education institutions, but also by the control agencies at the state and federal level. The closure of the Corinthian Colleges revealed the inefficiency of the states to provide oversight and enforcement to mandate compliance based on their authority as outlined in existing state laws. The Corinthian Colleges is just one of many for profit private postsecondary education institutions that have faced or will be facing closures. We’ll provide background on what happened that lead to the closures, the impact this has had on student loans, and what factors have

Gilded Age industrialization fueled the dependence of the railroad in the Progressive Era. Railroads, government, and the economy were not only interrelated, but they were also interdependent. The federal government and the railroad companies often worked together, with the government providing subsidies to the companies and discounted prices. Congress also provided free land and thousands of miles in subsidies to the companies. Furthermore, railroads directly impacted the country's economy, being a key factor in causing the Panic of 1873 and the Panic of 1893. Railroads, government, and the economy were interdependent through the reliance of railroad companies on the government, corruption between railroads and government officials, and the direct impact of railroads on the economy.

The Fourteenth Amendment to the United States Constitution was ratified on July 28, 1868. The amendment granted citizenship to everyone who was born or naturalized in the United States, which included former slaves and African Americans who were freed after the Civil War. Also, the amendment allowed African Americans to be treated equally as all other citizens. However, the Black Codes, Jim Crow Laws, and the result of the Plessy v. Ferguson case took away these rights that were guaranteed to African Americans.

Before we look at the different Social/Psychological Determinants of Health it is important firstly to define what a social determinant of health is. According to the World Health Organization (2017) “The social determinants of health are the conditions in which people are born, grow, live, work and age.” These conditions are as a result of a wide range of factors that are ultimately governed by the way in which money, power and specific resources are shared at different levels including those at global, national and local levels. We have all been a part of and will experience different social determinants of health throughout our lives but it is the standard at which we experience these determinants that will ultimately lead onto them affecting our health or ultimately leaving us unaffected.

Lehman Brothers were an investment bank involved in transactions worth billions of dollars and one of the most powerful investment banks in the world.

A sad day for the family of a young woman named Wykesha Reid, evidence conducted from an ongoing investigation lead to her death from butt-injections. The suspect being charged with the Homicide of

According to the website, the Nassm site states that sports agent has to have, “Respect. Fairness, and Courtesy. The sport manager should treat colleagues with respect, courtesy, fairness, and good faith.” I believe that’s it’s true because i wouldn’t think i would want to be treated ugly.

No court that has addressed the question of recognizing fraud in the context of an adoption has refused to do so where there was some kind of evidence of active concealment. In re Baby J., the court found fraudulent concealment of the truth where the adoption agency told the parents that the birth mother was an 18-year-old unwed mother who could not care for the baby. The birth mother was actually a 35-year-old patient in a mental institution and the father was presumed to be another patient which the agency knew. The truth was discovered by the adoptive parents after their 13-year-old adopted son was diagnosed with an inherited mental disorder. Roe v. Jones, the court awarded damages because the adoption agency placed three-school aged children

What factors in the WorldCom case support the conclusion that CEO Bernie Ebbers Knew about the financial statement fraud? What factors support his defense that he did not know about the fraud?

The fraud triangle is made up by three distinguished elements. These elements in the fraud triangle consist of pressure, opportunity, and rationalization. The overall representation of the fraud triangle can be seen as the specific model to spot any type of high-risk unethical and fraudulent performances being conducted by a company, in this case Cendant Corporation. Cedant Corporations actions can be analyzed by the fraud triangle by the way that their senior management/top management decisions fell into the three categories of pressure, rationalization, and opportunity. Cendant Corporation had the pressure to comply with their shareholders and to maintain a stable financial status to prove that they were a profitable organization with a bright company image. Another pressure presented in this case for Cendant Corporation was that for the top management once again. The top management needed to have their financial information seem profitable, therefore pressured the accountant of the company to falsify and “cook the books” to make the financial statements seem actually “profitable” when it wasn’t what It really was. As said in the previous question, income smoothing was used in this case by Cendant Corporation as an unethical practice to make the investors believe that their shares were all bright