Auditors of all kinds would be wise to read up on the psychology of white-collar criminals, to better understand the rationalization vector of the fraud triangle: David Myers, the former controller of WorldCom, recalled thinking that he was “helping people and doing the right thing†while perpetrating one of the largest accounting frauds in history.Continue reading “The mindset of white-collar criminal”
Tag Archives: crime
Accountant convicted over hit on client
In Sydney, Australia, an accountant was convicted of hiring a hitman to kill a client who he had stolen almost $84,000 from. He had failed to remit those amounts to the government for taxes owed by the victim. The motive was, unsurprisingly, to “stop Mr Williams from bringing the fraud to light.” This is prettyContinue reading “Accountant convicted over hit on client”
Wireless internet theft affects us all
A story in the New York Times about your friendly neighborhood wireless thieves. I have to admit I’m guilty of this when I’m not at home, but it pretty much does serve you right if you don’t secure your network. Maybe municipal wi-fi will cut down on this “phenomenon”… Edit: If only Twitter were inventedContinue reading “Wireless internet theft affects us all”