Example 1
Forgery
Using company money to buy items that won't be used by the company
Misappropriation of funds
Crime when corporate insiders buy and sell stalk with "insider" information
Insider Trading
Moral code by which individuals live and conduct business
Ethics
Deciding whether or not something is the "right" or "wrong" thing to do is the practice of using:
Ethics
You have a $100,000 budget to buy supplies for a renovation project, you use half the money to buy yourself a new car
Misappropriation of Funds
Occurs when someone engaging in a fraudulent activity uses the telephone, Internet or U.S. Postal Service to discuss, send or receive correspondence to further the fraud
Mail and Wire Fraud
Involves the privacy of employees and company information, employee record filing, payroll and disposal of employee records
Confidentiality
The study the behavior and morals in a business situation
Business Ethics
Claiming an accident took place in your business that caused your business to be destroyed when you actually damaged or purposefully neglected your property and filing an insurance claim for a payout is an example of....
Insurance Fraud
Walter White did this in "Breaking Bad" to "clean" his money by operating and owning a car wash to conceal where he is really getting all his cash from
Money Laundering
The process of making or adapting objects or documents with the intent to deceive
Forgery
the professional management of client’s financial assets to meet specified investment goals
Investment Management
Set of ethical behavior guidelines which govern the day-to-day activities of a profession or organization
Code of Ethics
Petey opens a business in which his clients pay him money to take their funds and invest it in companies that Petey believes will be successful. Petey's career is called:
Investment Management
Phishing scams over the phone or computer that may threaten legal action or fraudulent claims if you do not comply. Or if you use mail, phone, or a computer to fraudulently get money
Mail and Wire Fraud
Practice of engaging in specific financial transactions to conceal the identity, source or destination of money
Money Laundering
Crime when someone intentionally deceives another about an insurance matter to receive money or other benefits not rightfully theirs
Insurance Fraud
It's always ethical to root for this NBA basketball team
Boston Celtics
If you work at a major company and you know your company is about to lose a major contract/business account that was a significant source of revenue and sell your stock in the company before word gets out to the public, you have committed this crime:
Insider Trading