Premium Essay

Global Profiles of the Fraudsters

In: Business and Management

Submitted By ghareeb
Words 10259
Pages 42
Global profiles of the fraudster
White-collar crime – present and future

kpmg.com/fraudster

2

Global profiles of the fraudster

F

Introduction to the typical fraudster identified in the investigations KPMG firms reported on two years earlier. The typical fraudster in the 2013 study is 36 to 45 years of age, is generally acting against his/her own organization, and is mostly employed in an executive,3 finance, operations or sales/ marketing function. He/she holds a senior management position, was employed in the organization in excess of six years and, in committing the fraud, frequently acted in concert with others. Other findings, however, are different. This time, we have developed a series of themes in order to understand the changing relationship among the fraudster, his/ her environment and the frauds committed. And after taking into account the insights of our investigation leaders around the world, we conclude that the type of fraud and the type of fraudster are continually changing. “The intriguing thing about fraud is that it is always morphing, like a strain of flu; you can cure today’s strain, but next year it evolves into something as bad if not worse, ” says Phil Ostwalt, Global Coordinator for Investigations for the Global Forensic practice at KPMG. One major change is the growing use of technology by fraudsters, and not just in the technologically advanced countries, such as the US “a concern for all business is that we are about to see a new generation of people, able to use more technology and with access to much more information than past generations. All of which points to a new era for fraud and illegal activities, ” says Arturo del Castillo, Managing Director of Forensic, KPMG in Colombia. We believe that understanding this fluidity will enable organizations to protect themselves better against fraud and may improve their ability…...

Similar Documents

Free Essay

Ibm Profile

...Entry 19 3.4. Romania as a route of entry 19 3.5. China as an alternate route of entry 20 CHAPTER 4 21 SKILLS AND KNOWLEDGE DEVELOPMENT 21 CHAPTER 5 22 METRICUM”S GLOBAL STRATEGY 22 CHAPTER 6 23 RECOMMENDATIONS 23 CHAPTER 7 26 CONCLUSION 26 REFERENCES AND BIBLIOGRAPHY 27 APPENDIX 29 CHAPTER 1 INTRODUCTION 1.1. Objective of the Research: Metricum is a well-established small medium enterprise (SME) that manufactures materials handling equipment and intelligent handling solutions. Their international activities are complex with manufacturing bases in Sweden and China and a wholly owned subsidiary in Romania from which they source many of their raw materials. As the process of re-structuring their Romanian operation, they would like to explore market opportunities in some of the less developed former Eastern Bloc countries such as Belarus, Moldova, Russia and Ukraine, which are now collectively called as Commonwealth of Independent States (CIS). In this report we will discuss how to assess the market potential, the competition and the best route to enter into the unfamiliar market. Also we will check on how to improve the identifiable and recognised skill gaps in assessing the market opportunities. And Finally we will discuss on how to build a single global strategy for this company. 1.2. Introduction to Material Handling Industry: Material handling industry is mainly dealing with the equipments for storage & handling,......

Words: 6128 - Pages: 25

Free Essay

Profile

...English 134 24 January 2012 The Man Behind the Camo, by Kelly McBride, is a profile that focuses on the author’s younger brother, Scott, and his experiences with the concept of manhood. McBride goes about this by describing past events like childhood traditions and activities that she shared with Scott, and then providing her own commentary and thoughts on the matter. McBride’s detailed recounting of her personal experiences helps make this piece a well-written profile because it effectively gives the reader insight into Scott’s childhood as well as their relationship as brother and sister. This firsthand source (memories written onto paper) helps the reader to feel as if they were really there, and makes them more aware of what the actual events were like and how they helped McBride come to the conclusions that she did about Scott and masculinity. The author uses both quotes and detailed imagery to portray her brother in this profile, a combination that both appeals to the senses and works very well to describe events. McBride uses quotes to emphasize or confirm the memory that she is currently describing, which helps to lend the reader a hand and give them a real example of the subject while helping to align the author’s train of thought and the story. For example, when McBride is recalling Scott’s first venture into manhood in the form of football she quotes him saying “’All of my friends were doing it that year. Football is just kind of the ‘guy’ thing to......

Words: 640 - Pages: 3

Premium Essay

Personality Profile

...CSU Word count: 638 In an effort to better understand myself and why I make some of the choices in my life, I have taken two personality profile questionnaires online; the first was one recommended by my professor, called Keirsey Character Sorter, the second was of choosing and that led me to Humanmetrics Jung Typology Test. After careful dissection of the results I found that even though some of the findings were similar, the two tests painted different pictures of my personality. I will contrast and attempt to compare both examinations, showing why I believe the Keiser test is a more accurate description of my personality and character. I took both tests within one day of each other, to avoid an influence from one test on the other. After completion of the Keirsey test, I found the results to be surprisingly accurate, especially its description of the way my type makes decisions and view important choices. As for the Jung Typology test, I found it to be only accurate in generalities; the same way a daily horoscope found in the back of a newspaper would be. Both tests consisted of more than 60 questions with only two possible answers, all of which I answered with an open mind and honesty. The Keirsey test described my personality as a Rational Inventor or (ENTP), in it I found deep connection with its key characteristics, specially the first paragraph where it describes how this type of personality “is always trying to build a better mouse trap”(Keirsey, n.d., para1)....

Words: 678 - Pages: 3

Premium Essay

School Profile

...Camden City Accelerated School Strategic Plan Grand Canyon University: EDA 575 May 15, 2013 Camden City Accelerated Academy School Profile Camden City Accelerated Academy 1033 Cambridge Ave. Camden NJ 08105 856-966-5278 Ext. 24400 (Main office) Ext. 24501 (Academic Office) 856-342-6822 Fax Executive Director: Jamar Brown Principal: Charles Johnson Director of Operations: Jaquay Waller Director of Special Education: Maura Schlindwein Purpose: The achievement of all pupils and the establishment rely on the preparation and implementation of the school administrators. ISLLC 2008 Standard one, states that the leadership team must examine assorted elements of the school community in order to design and implement the specific actions for the schools vision to come together. Also, ISLLC 2008 Standard three, states that the schools vision has to be watched carefully to guarantee success for all students and staff. Mission: “The Camden City Accelerated Academy pledge to overcome obstacles, discover individual potential and establish goals for the future in a rigorous academic environment” (Camden City Accelerated Academy Brochure, 2012) Vision: “The Camden City Accelerated Academy is dedicated to establishing the most extraordinary learning environment that allows our students to spread their wings to their fullest potential and soar into the future” (Camden City Accelerated Academy Brochure, 2012). The intent of Camden City Accelerated Academy is not...

Words: 2983 - Pages: 12

Premium Essay

Community Profile

...ETH/316 Community Profile Presentation The learning team assignment for this week had us discuss social responsibility within a community. The assignment has three parts. The first part had each team member write a community profile and we discussed the population, demographics, the salaries and the type of work that the people in the community do. We also discussed how the community interacts and what the community and individual responsibilities are. And the last topic we discussed is what does socially responsibility mean. The community profiles for each team member can be found in Appendix A. The second part of the assignment we discuss the City of Kelsey’s Virtual community. The last part we will compare the differences and similarities between the different team members communities and we will also talk about the social responsible efforts of each individual community and the City of Kelsey’s community. The city of Kelsey, population of 625,000, is located in Northwest Valley. Kelsey has everything a large city has to offer but with the appeal of a small town. The community encourages each person in Kelsey to strive to obtain an enhanced standard of living by adapting to a healthy lifestyle, environmental mindfulness, and service to each other. The community of Kelsey benefits from the diversity of the people which is as follows: Caucasian Population 327,309, African American Population 203,201, Asian American Population 20,633, Other Population 74,090.......

Words: 3446 - Pages: 14

Premium Essay

Icsi a Profile

.............................................................. 22 Research and Training (CCGRT) 16. ICSI National Award for Excellence in ............................................................ 25 Corporate Governance 17. Corporate Secretaries International Association (CSIA) ................................... 26 18. Other Stakeholder Initiatives ......................................................................... 28 - Counsellors - Professional Help Centres - Code of Ethics 19. Management Team ........................................................................................ 29 20. Regional Councils & Chapters ........................................................................ 30 1 Managing Excellence To be a global leader in promoting good corporate governance To develop high calibre professionals facilitating good corporate governance Corporate Governance "Corporate governance is the application of best management practices, compliance of law in true letter and spirit and adherence to ethical standards for effective management and distribution of wealth and discharge of social responsibility for sustainable development of all stakeholders". - ICSI's definition of Corporate Governance 2 Introduction The Institute of Company Secretaries of India • • A Premier National Professional Body Established to develop and regulate the profession of Company Secretaries Established under an Act of Parliament (the Company Secretaries Act, 1980)...

Words: 8537 - Pages: 35

Premium Essay

Profile

...Mallarr Law Associates LLP PROFILE OF PROF. RAM MALLAR 3 Silver Cascade, 110AA, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028. PHONE ; 91-22-2432 8413 (2 Lines) FAX : 91-22-2431 8193 Mobile No: 98210 90950 E- Mail: mallarlaw@vsnl.net www.mallarlaw.com Blog: rammallar.blogspot.com Prof. Ram Mallar is a veteran Corporate Lawyer; currently heading Mallar Law Consulting Group, which includes Mallarr Law Associates LLP. Mr. Mallar was the Executive Vice President & General Counsel of Johnson & Johnson Limited until he set up his own practice in September 2000. His law qualifications are: Lawyer Fellow of the Institute of Company Secretaries of India Practising Company Secretary Leading faculty in Business Law, Business Ethics & Corporate Governance in major Business Schools in Mumbai. Industry Experience: Over 30 years of experience in the industry in the fields of Corporate Laws and General Management. Worked for Johnson & Johnson (J&J) as General Counsel and a member of the Management Board for nearly two decades. Last position held as Executive Vice – President & General Counsel and was responsible for Legal Functions, Total Quality Management, Imports, General Administration, Corporate Security, Safety, Health & Environment and administration of Branch office all over India. Was also a Director in all the nine subsidiary companies of Johnson & Johnson. Before joining Johnson & Johnson, Mallar worked for more than 11 companies as a Law Counsel including Parke-Davis, Knoll......

Words: 546 - Pages: 3

Premium Essay

Profile of a Person

...The purpose of introducing Major Project B: Profile of a Person was to inform my audience about Toby Bush and the 20 years he spent in the United States Air Force. My main focus was to get a good understanding of his thoughts and feelings so that I could have that same effect of my audience when they read it. Considering the phases I went through, they all gave me an opportunity to go deeper into my main point. When planning and preparing to start my interview I had a goal that was to ask all the right questions without offending or asking for too much. I first made a list of questions based on what I wanted to know and what I felt was important for my audience to know. The interview went well and I was very observant so that I could give my profile a setting. Later, I did background research on the bases Toby traveled to and also the events happening at the time. This helped me better include my thoughts and if asked any questions, I have information to share. Proposing a draft and then receiving and giving feedback was most important and helpful to me because I’m very concerned when it comes to doing things the right way and also getting a passing grade. I also enjoy the constructive criticism and I’m always open for improvement. While developing this project I would say it took a lot of thinking. I say this because I had to basically speak for others, considering all types of things. Above all I spoke for Toby. I also spoke for the customers by describing the great......

Words: 684 - Pages: 3

Premium Essay

Community Profile

...Community Profile Team A~The Aristocrats ETH/316 April 1, 2014, Dr. Charles Parker, Ph.D., CMEC Team A~ Community Profile In this day in age we live a fast paced life style. I t doesn’t mean we do not coupe and interact with others. We live in a community with different types of people, ethnicity, gender, lifestyles and all of us have different ideal goals to accomplish. In all we have the obligation to be socially responsible and be considerate of others. In this document we will give you a better understanding of what is social responsibility within our communities in comparing their profiles. In an effort to note the differences and similarities of our local communities, such as Rancho Bernardo, Eastlake, La Jolla Villa, Jamul, 4S Ranch and the Gaslamp area. The Rancho Bernardo and La Jolla communities are conveniently adjacent to each other and boast of the similar upscale lifestyle for its’mid to high lifestyle residents. Rancho Bernardo’s community setting is master planned, whereas La Jolla has residents that were born in the area and have resided ever since. While the Rancho Bernardo community sits on a mountainous setting, La Jolla has breathtaking ocean views. Both communities have tourist attractions, golf courses, aquariums, annual street fairs and newly renovated flagship malls. In addition to five star dining and winery attractions, both communities are known for its highly acclaimed educational facilities, USCD in La Jolla......

Words: 801 - Pages: 4

Free Essay

School Profile

...School Profile Jeanny Martial-Knights Grand Canyon University: EDA-575 May 7, 2014 School Profile In 2001, the government developed the No Child Left Behind Act to provide equitable education to low-income schools. Its provisions include schools receiving Title I funds must evaluate students annually to demonstrate school’s progress to improving academics. However, opponents argue that provisions provided by this act does not provide enough funding to cover the cost of programs related to enhancing learning in low-income schools (“LeftBehind: Low-Income”, 2008, 591). Despite the failings of the NCLB Act, it still provides assistance to Avery Elementary. Many of the services provided due to the NCLB Act are free and reduced lunch, technological programs, assessments tools, and other support personnel to assist educators. These services in some cases have enabled this school to make some progress towards improving test scores. With the available resources provided, Avery Elementary strives to improve student achievement. Due to the NCLB Act Avery Elementary has made some progress based on the programs, resources, support, and performance; it has made some progress towards achieving higher learning. About Avery Elementary The Vision of Avery Elementary is to consistently develop young minds and self-esteem through an academically enriched environment. The goal is to bring teachers and educators together so that each learner can reach their potential to......

Words: 1254 - Pages: 6

Premium Essay

Bank Profile

...Profile: Southeast Bank completed 14 years of operations in March 2010. It was established by an Act of Parliament known as the Export-Import Bank of Bangladesh Act 1981 and commenced operations in March 1982. Southeast Bank is wholly owned by the Government of Bangladesh. Southeast Bank was set up for the purpose of financing, facilitating and promoting foreign trade in Bangladesh and also to provide financial assistance to exporters and importers and for functioning as the principal financial institution for coordinating the working of institutions engaged in financing export and import of goods and services with a view to promoting the country’s international trade. It has a high-powered Board of Directors comprising: A Deputy Governor of Reserve Bank of Bangladesh, Chairmen of IDBI, ECGC, Representatives of the Ministries of Finance, Commerce, Industry, External Affairs and Planning, Chairmen of scheduled banks and professionals from trade and industry. Over the years, Southeast Bank has developed 35 lending  programmes covering all stages of the export cycle namely Import of Technology, Export Product Development, Export Production, Export Marketing , Pre-shipment, Post-shipment, Investment Abroad Financial Highlights | |2000-01 |2001-02 |2002-03 |2003-04 |2004-05 | |Paid up Capital |549.99 |649.99 |649.99 |649.99 |849.99 ......

Words: 5291 - Pages: 22

Premium Essay

Response Profile

...RESPONSE PROFILE Table of Contents INTRODUCTION 3 PROFILE 3 CYBER ATTACKS 4 REDUCING THE IMPACTS OF CYBER THREATS 6 COUNTER MEASURES TO THREATS 8 LAW 10 INTERNATIONAL SCOPE 11 CONCLUSION 12 References 13 INTRODUCTION With the rapid growth of technology in the past few decades have brought forward major aspects that actually helped the mankind in many ways. The birth of technology is a prolific boon to the mankind. Technology has made our world a better and safe place bringing forward unknown facts and also helping with many new ways to take up unidentified, difficult tasks at ease and complete it within seconds (Alston, 1987). Technology has totally changed the whole scenario of our world, starting from business to science every field; every sector has been boosted with the rapid change in technology in the past few decades. The era of this technology can be termed as the technological revolution that has potentially brought forward major prospects for the mankind. But, this evolution of this technology has also brought forward major drawbacks and curse. In one word we understand technology means computers, cell phones, Information technology (IT) etc. All along with this one major thing that technology has brought along with it is cyber crime and cyber-attacks. These cyber attacks are very dangerous in terms of information technology. These cyber-attacks cause huge damages which cannot be described in words. These damages are so prolific and......

Words: 4844 - Pages: 20

Premium Essay

Profile

...comp#1 unit 4, lab#1 Ms. Anderson Profile A loving mother is always a blessing but a loving and understanding mother can be hard to find. In one instant as kid I decided to take her car for a joy ride in the middle of the. On my way home I decided to take the 1996 honda civic off-road. Before I can get ten feet from the concrete the car is stuck teetering. I go home and try to find a way to bring it back before she goes to work. Being a kid I was worried about getting in more trouble then I could hand so I grab some tools and try to pop the steering colum to make it seem like it was stolen. Maybe a year later I decide to take my grandfather’s truck for a ride. I was gone for a half an hour. In the mist of being gone I was distracted will driving and whent up a curb into the trunk of a parked car. After leaving the seen I end up going to make sure no one got hurt and was arrested. Later released to my grandparent’s custody. I end up staying there although I was dreading going home. I could not pop the steering colum so I went home and went to sleep. When morning came my stepdad went in the garage to smoke a cigarette and found the car missing. He woke up my mom and the where frantic looking for the car. After about ten minutes they come in my room asking what did I with the car I told the I didn’t know what happen. So the end up reporting the car stolen after an hour of lies I finally said “I know were the car is because I took it and got it stuck.” Even after all the...

Words: 522 - Pages: 3

Premium Essay

Company Profile

...should try one with at least 8 characters long to be secure. Use letters and numbers to make the password more secure and difficult to guess. You will need to re-enter your password to ensure that it is you choosing it and not a hacker’s robot. This is why it also asks you to insert two random words at the bottom of the page – this is a CAPTCHA code. You can skip this step if you don’t want to type in the CAPTCHA code but you will need to verify via a mobile phone if you don’t. Step 7: Once you have completed this page fully, clicking Next Step will take you to the Create Profile Page. If you do not wish to have a picture on the web, click Next Step to complete setting up your email. If you do, click on Add Profile Photo and find a photo to add. Then click Next Step. Step 8: You will now have set up your account. You can go straight to your inbox and get started, or you can set up a photo to show as your profile picture. Click on Add a photo to upload a photo and select a photo. Or click on Next Step to go to your inbox and get started. How to email a document Documents – that is, computer files – can be attached to an email so that the recipient can receive your message and view it at the touch of a button. This guide will show you how to attach a document to an email using Gmail. However, you’ll find this information relevant to the majority of email accounts. You will need: * an email account, set up and ready to send and receive email * a document saved on......

Words: 2319 - Pages: 10

Free Essay

Tvs Profile

...REPORT- 1 Company Profile TVS Group - 100 years young: The TVS group has always been inspired by a century long mission and vision of its own destiny. it is not just a business but a way of doing business, which sets TVS apart from others. Back in 1911, to the founder of the company, the ordinary ambitions of a bus fleet operator or a vehicle servicing business would not suffice. Rather, he wanted to create an enduring business led by a family of likeminded workers and managers united by a set of shared high principles. Driven by this inspiration, the TVS group has today emerged as India's leading supplier of automotive components. Today the TVS Group is the largest automotive component manufacturer in India, with annual turnover of more than USD 4 billion. The group has over 30 companies employing a work- force of 40,000 people. Underlying the success of the group is its philosophy of commitment to the cherished values of promoting trust, value and customer service. This was the personal philosophy of the Group's Founder Shri T V Sundaram lyengar, and it remains the overarching code by which the Group functions. Market leadership and rewards of business have followed naturally. The Inspirational Heritage: Although the letters TVS represent the initials of our founder, T V Sundaram lyengar, to us within TVS they have always stood for Trust, Value and Service. The founder of the company embodied these values and set an example for all employees to emulate.TVS......

Words: 1159 - Pages: 5

Start Social Saving | Phim Gạo Nếp Gạo Tẻ 33 Trên HTV2 | Kit Luci led Sotto porta TOYOTA logo proiettore luce di cortesia universali 3D