Describe some of the MISSING internal control components and/or principles of internal control activities. Describe what you learned about fraud and internal control from listening to these “real life” stories.

Mini-Case #2: Fraud Podcast

This course covered advanced forensic techniques. Many want to find out more and here is your chance to study another fraud area more in-depth. To learn more about fraud, for this assignment, you will listen to a podcast or watch the TV show American Greed. Summarize the podcast and present your findings.

1. Select and listen to one of the AMERICAN GREED podcasts. They are available on Apple, Google, Spotify, or watch on Peacock. Podcasts are free, if you want to watch the TV show, there may be a fee, depending on what subscription services you have.

The podcasts can also be found at your preferred podcast provider under “CNBC American Greed”

2. Summarize the podcast. (You don’t need to submit your summary.)
Describe the fraud that occurred. Include the names of the people in the interview. Where do they work? What are their titles?

Describe “what happened.”

Were all the components of the fraud triangle in place?

Describe some of the MISSING internal control components and/or principles of internal control activities.

Describe what you learned about fraud and internal control from listening to these “real life” stories.