Case Analysis 1 - McGrew |1 Trish McGrew Legal Elements of...

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M c G r e w | 1 Trish McGrew Legal Elements of Fraud Fraud Case 1 Tricia Bell December 2, 2009 Case 1 In T he Case of the Pilfering Purchasing Manager, the company where Bruce worked allowed only one person to be in charge of selecting vendors and approving purchases from vendors. Bruce had the opportunity to approve any vendor he saw fit. Once Bruce selected to the vendors he placed the orders and approved all the purchases that were under his approval limit. Anything over his approval limit, which was approximately $2500.00 needed to be signed off by his supervisors. By allowing Bruce having the power to select vendors and approve purchases from the vendors left, the doors open for big temptations. Bruce was able to accept kickbacks from vendors without the company knowing. If the duties had been separated then Bruce would not have been able to commit this fraud unless another employee was involved. The fraud theory in this case was a kickback scheme. This became apparent when the inventory levels did not match the purchasing orders. Matter-of-fact the high priced purchases
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Case Analysis 1 - McGrew |1 Trish McGrew Legal Elements of...

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