Theft and Concealment Investigation
Assume you are the lead forensic investigator for a potential fraud case at AJB, Inc. After searching public records and other Internet sources, you accumulate the following financial information for the suspected fraud perpetrator, Jaleesa P. Crimin. YEAR 1 YEAR 2 YEAR 3 Assets: Residence #1 $243,000 $243,000 $243,000 Residence #2 138,000 Stocks and bonds 15,000 30,000 57,000 Automobiles 27,000 52,500 52,500 Boat 34,500 34,500 CD 12,000 42,000 81,000 Cash 5,670 12,150 29,160 Liabilities: Mortgage balance #1 136,080 68,040 16,200 Mortgage balance #2 138,000 Auto loans 18,000 57,000 Boat loan 34,500 9,000 Income: Salary 78,750 82,650 Interest/other 8,730 17,790 Expenses: Mortgage payments 24,300 42,120 Auto loan payments 9,720 9,720 Boat loan payments 5,670 8,100 Other living expenses 35,640 42,060 Problems: Determine whether there is a likelihood of fraudulent income based on the review of information you were able to obtain from your Internet search. If there is a likelihood of fraudulent income, calculate the amount. (Hint: calculate potential income from unknown sources based on the unexplained increase/decrease in Jaleesas assets and liabilities.) You must show how you calculated the amount. As the lead forensic investigator, discuss the process that you would take during your interview with Jaleesa to get her to confess. Include specific questions that you would ask, considering the order they should be asked. Respond to the above Problems a and b. Your response to Problem a must be prepared in an Excel spreadsheet. The Excel spreadsheet for problem a must be submitted along with your response to Problem b in Word document. Requirements: Write a paper of 2-3 pages in length for Problem b (double spaced), not counting the title and reference pages, which you must include. Use terms, evidence, and concepts from class readings, including professional business language. Cite at least 3 sources for this assignment, outside of the textbook
