WHAT IS CYBER – CRIME? Cyber-crime by definition is any harmful act committed from or against a computer or network, it differs according to McConnell International, “from most terrestrial crimes in four ways: they are easy to learn how to commit, they require few resources relative to the potential damages caused, they can be committed in a jurisdiction without being physically present in it and fourthly, they are often not clearly illegal.” Another definition given by the Director of Computer
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cents less than the expected 82 cents that the company was expected to pay. To cover the difference, Mr. Neil devised a plan to put the extra cost into the following year which all the company the report better-than-expected results. The alleged fraud gave the company a string of earning beats and a strong rise in its stock. It also allowed Diamond Foods Inc the necessary currency needed to clinch a deal to buy the Pringles snack brand from Proctor and Gamble for $2.35 billion. Everything unraveled
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dot com bubble collapse, and the onset of the economic recession. This major loss in revenue, current market conditions, and a large amount of liabilities from all the companies they had been acquiring led WorldCom to their involvement in accounting fraud. 2. What is the boundary between earnings smoothing or earning management and fraudulent reporting? The boundary between income smoothing and fraudulent reporting seems to be more of a blurred line than a distinct one. Both actions will inhibit
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According to our book, Fraud Examination, fraud is defined as “a generic term that embraces all the multifarious means that human ingenuity can devise, which are resorted to by one individual, to get an advantage over another by false representations. No definite and invariable rule can be laid down as a general proposition in defining fraud, as it includes surprise, trickery, cunning, and unfair ways by that another is cheated. The only boundaries defining it are those that limit human knavery”
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turned out to be a middle-aged wife and mother. When asked the reason of her act, she mentioned that she was diagnosed with schizophrenia and she felt lonely. Schulman decided to turn the documentary into a show and reveal all online relationship fraud to create awareness on fake identities used on social media. In my opinion, fake identities should not be used on social media because it is a crime offence, it is not an ethical act to perform and much worst it creates unnecessary troubles for teenagers
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dissemination of false or deceptive advertisements of consumer products and services. They make sure that the truthful products we buy have the proper labels that are truthful to what they contain. They promote electronic commerce and try to stop fraud on the Internet and develop policies that safeguard online privacy of personal information. They stop fraudulent telemarketing schemes and protect consumers from abusive and deceptive telephone tactics. They require creditors to disclose in writing
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Holden’s problem is not ‘phonies’ but his inability to accept reality.” Do you agree? Holden Caulfield main problem is with all the phonies that surround him and irk him. Reading extensively through the novel; we can confirm that Holden throughout the book is continuously tormented by the acts of these phonies who are superficial and hypocritical. Throughout the novel Holden meets various phonies who commit phony acts. One such case is when he first arrived at the Edmont Hotel and he saw these couples
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article and enjoyed the statistical practices in accounting discussions. The article is “SEC’s New Focus on Accounting Fraud” written by Jonathan B. MacKenzie (http://www.law360.com/articles/460715/sec-s-new-focus-on-accounting-fraud-what-s-on-its-radar). Accounting fraud cases brought by the SEC have been decreasing in recent years. As shown in the graph below, the financial fraud matters brought by Enforcement became 11% in 2012 fiscal year compared to 29% in 2003 fiscal year. During those years
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crimes committed with the use of technology. Cybercrimes can be committed without ever leaving the comfort of ones home and is getting harder to prevent. In this paper specific cybercrimes such as hacking, identify thief, embezzlement, and secure fraud will be analyzed. The one of the most common cybercrimes is hacking. Computer hacking is when someone gains access to another individual's or company's computer network without their knowledge or permission. There are several different types of
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Outline and critically evaluate research into out-of-body experiences (10 marks) An out-of-body experience, first defined by George Tyrell, is when a person appears to see his or her own body from above or outside themselves. This phenomenon has proven popular with psychologists who are trying to verify or falsify them however research is inconclusive. Miss Z was an American student who claimed to have out-of-body experiences during her sleep. Charles Tart arranged for Miss Z to spend four
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