Essentials of Corporate Fraud Assignment Example | Topics and Well Written Essays - 1000 words

Essentials of Corporate Fraud - Assignment manikinExtortion refers to the deliberate action of a person to commit theft by seeking to obtain shoes or services through advancing threats to others (Coenen 2008). One specific element of extortion that the credit animal trainer whitethorn have participated in is exposing secrets or thought facts, which may be true or untrue with the bearing of subjecting anyone to hatred, contempt or mockery or to damage the individuals credit or business.The managers operations john be vetted to detect any instances of fraud. A board of vetting feces be hired or instituted to assess the extent of his actions, especially to track his dealings with the applicants.The credit managers transactions with the credit applicants can be evaluated through a credit assessment report. It will can a brief description of the two parties submission during the process of credit application and evaluation. The report has to be signed by both the manager and the cli ent. It will state whether the client has been subjected to any framing of extortion or not.The clients/ customers/ applicants of loans can be given an avenue of reporting their grievances to the company. Such avenues can be in form of a quality check/ control for the services offered to them by the credit manager. Through such avenues, they can reveal instances of extortion or attempts of the same to the company.c. Suppose there was no direct evidence of fraud observe in the credit managers operations, there will be no action to be taken on this case, against him. He is well known as a very hard worker, who lives culmination to the branch and frequently works late into the evening. He also has not taken any vacations in three years in spite of the bank policy that all employees take a to the lowest degree a weeks vacation every year.