Case Analysis 3

Case Analysis 3 - 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 3 Tricia Bell December 2, 2009 Case Analysis 3 In the case of the Billing Schemes, Part 3: Pay- and- Return Invoicing, Veronica was allowed to process invoices for payment and handles the overpayments received in the mail. The company’s policy was for Veronica to process the invoices for payment and send them to the correct person to have those invoices verified and signed. If the company had separated the duties of handling the overpayments, Veronica would not have been able to slip the checks into her purse. There should be a designated area where there are two people present accepting the mail and processing the checks that come into the company. The company that sent the overpayment should call the company they sent it to, in order to verify that they received the overpayment. The fraud theory in this case would be that Veronica was stealing overpayment checks from the company. An inside employee attempted to anonymously turn Veronica in for her
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This note was uploaded on 03/11/2011 for the course ACCT. 341 taught by Professor Prof.hewitt during the Spring '10 term at Franklin.

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Case Analysis 3 - McGrew | 1 Trish McGrew Legal Elements of...

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