Colorado Technical Unit 2 White Collar and Financial Crimes Discussion

/in /by

Your training includes a comprehensive review of the ACFE Report to the Nation, the FBI and National White Collar Crime Center, and other organizations that provide reports and information on white-collar crime.

Report to the Nation

  • Download the latest Report to the Nation on Occupational Fraud and Abuse. This report gives a projection of the cost of fraud based on the percent of revenue. Explain this in terms of an example for an individual company with revenues of $25 million and net income of $3 million. Calculate the total estimated amount of fraud and the percentage that the total sales must grow just to cover the fraud.
  • Also, note which type of fraud categories had the most frequent and the highest loss. Identify the industries with the most frequent and highest losses because of fraud.
  • Review the FBI and or the National White Collar Crime Center Web sites, and select a fraud category for further discussion. Prepare a brief summary noting how serious the problem is today.

2-3 pages, APA format