Types Of Financial Crimes That Can Be Committed By Many...

There are many types of financial crimes that can be committed by many individuals around the world. Some of these crimes include electronic crime, fraud, money laundering, terrorist financing, information security, bribery and corruption, finally insider trading. Of all these financial crimes that can be committed, I think that fraud is the most serious of them all. Fraud can ruin anyone s life financially, no matter what they have in their bank account. Bernard Lawrence Bernie Madoff , a former stockbroker, financier, and investment advisor. Now he s known as an American Fraudster. Bernie is the former non-executive chairman of the NASDAQ stock market, and he is also the admitted operator of a Ponzi scheme that is considered the†¦show more content†¦The SIPC trustee estimated actual losses to investors of about $18 billion dollars.† Bernie Madoff, owner of â€Å"Bernard Madoff Investment Securities† ran elaborate Ponzi scheme with the assistance of Frank DiP ascali. DiPascali was accountable for overseeing the 17th floor, the location where the illegitimate business trades occurred. â€Å"Madoff conducted the Ponzi scheme in the following way: he would receive investments from outside investors; he would, in turn, use those funds to pay senior investors. The funds that Madoff received were never used to make actual trades; the company, instead, produced fictitious trades. To keep suspicions low in the investors, Madoff had the staffers of the 17th floor create fictitious quarterly statements to mail out. The investors were pleased with the returns that the statements reports, so no suspicions ever arose.† Although suspicions with the investors never arose, some suspicions did arise with the Securities and Exchange Commission. The Securities and Exchange Commission investigated Madoff and his company 5 separate times. â€Å"On each of those occasions, the Securities and Exchange Commission auditors never spotted or red flagged any fraudulent activities, which then allowed Bernie to continue the illegitimate business trades for an extended period of time (A Television 2016).† As of December 4, 2015, MVF (Madoff Victim Fund) has reviewed 51,071 claims (nearly 80% of the 64,123 total claims) with claimed

What Philosophy Means To Me Example

Essays on What Philosophy Means To Me Coursework What Philosophy means to me Speaking of the ment that were the hardest to respond to, one would have to the one about morality. Indeed, this notion is quite a debatable one since there is a considerable number of different ethical approaches that contradict with each other, yet seem quite convincing when analyzed independently (Chaffee, 2013).The above mentioned dilemmas relate to each other in the following way: they provide a person with two completely opposite views on the same problem. For example, the question about free will and determination of the actions allows a person to choose one’s position with regard to this issue. In other words, there is no third option among these ones (Schick Vaugh 2008).The answers that I have given show that I adopted an idealistic approach towards viewing the world, believe in free will as well as God. The way in which I have answers the questions suggest that I have not developed a strong position on morality, but believe in the scienti fic progress.Speaking of branches of Philosophy that these statements relate to, one might note the following: the first two are connected to materialistic or idealistic perception, the next two – free will and determinism, the next two – development of personality; the remaining ones reflect philosophical views on morality and ethics, theology and epistemology (Solomon Higgins, 2014).All the above mentioned areas of philosophy are closely connected to my personal goals for this course as I am willing to learn a lot about the notion that are not quite familiar to me and improve my knowledge of some debatable issues. ReferencesChaffee, J. (2013). The philosophers way: Thinking critically about profound ideas (4th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.Schick, T., Vaugh, L. (2008). What is your philosophy? In Doing philosophy: An introduction through experiments. New York: McGraw-Hill.Solomon, R. Higgins, K. (2014). The big questions: A short introduction to philosophy (9th ed.). Belmont, CA: Thomson Wadsworth.

Behaviorally Disordered or Socially Maladjusted Free Essays

Write a brief explanation of factors to be taken into consideration when assessing and determining whether a student is behaviorally disordered or socially maladjusted. When we are assessing a child to determine if a behaviorally disordered or socially maladjusted we must notice problems such as the child staying on task or trying to focus. A child might also be getting low grades when we know they are capable to complete their work. We will write a custom essay sample on Behaviorally Disordered or Socially Maladjusted or any similar topic only for you Order Now Children that are behaviorally disordered or socially maladjusted can have problems including attention deficit problems, problems with certain teachers, emotional disturbance, depression, anxiety, and environmental factors from the child’s home. Observation is used to try to understand and be aware of factors that might be influencing a child’s behavior. We must do observations of a specific situation, various settings, and different times of day. The observer has target behaviors that they record throughout the observation. Four of the most common recordings are anecdotal recording, even recording, latency recording, and duration recording. By doing observations we should be able to provide the behaviors we are frequently seeing, information that might relate to services a child might be needing, information that can help form intervention plans and goals, and an understanding of the child’s abilities in certain areas. Interviews help us gather information effectively. We can have a structured or unstructured interview to help us gain insight and understand the child and additional concerns. We must understand what behaviors need to be watched and when we do the assessment for the child’s suspected disability. We must be aware of a child’s comfort level when doing assessment because if a child is displaying a high level of discomfort it might be a sign of more serious problems. Testing environment must be taken into consideration because it can have a large impact on the results of the testing when determining the true needs of the child. We can look at reaction time, the nature of responses give, the child’s verbal interaction ith the examiner, and organizational approach during testing, adaptability, and the child’s attitude. These must all be looked at and observed when assessing for this type of disability. When assessing a child’s behavior we must have knowledge of the degree the child believes their behaviors make a difference in their life, the tolerance for frustration that the child has, the activity level of the child, self-vi ew of the child, emotional response of the child, and the conflict experienced by the child. Psychological testing is used in assessment of behavior and is administered by the school psychologist. There are many tests we can use to determine if behavior is a disability for the child. Behavior Intervention Plans must be developed when dealing with a child’s inappropriate behaviors. This is intended to reduce the need for extreme discipline measures. These types of plans are intended to help control and suppress the behaviors that are inappropriate for a child. We must fully understand the psychological makeup of a child that might be behaviorally disordered or socially maladjusted to help recommend the correct placement and services that the child might need . How to cite Behaviorally Disordered or Socially Maladjusted, Papers

Business Law for Guns and Ammunition Company - myassignmenthelp.com

Question: Discuss about theBusiness Law for Guns and Ammunition Company. Answer: Legal area The case study is related to the provisions of Restraint of trade clause or restrictive covenants. Issue In the given situation it has to be analyzed that whether the restrictive covenant which has been imposed on Clare by Maddie can be enforced by law or not Rule Although restrictive covenant are used commonly they cannot be presumably be enforceable and valid in law unless they are reasonable and have been incorporated to trigger legitimate interest of the business. The concept had been ruled by the case of Nordenfeldt v Maxim Nordenfeldt Guns and Ammunition Company [1894] AC 535. The burden of proof lies on the parties which seeks to implement the restrictive covenant to show that the clause dose not seek to provide more restraint that what is possibly required to protect the legitimate interest of the business as provided by the case of Lindner v Murdocks Garage (1950) 83 CLR 628. In the case of Stenhouse Australia v Phillips [1974] AC 391 it had been ruled that an employer cannot incorporate a clause just to prevent the other from giving competition to the business. The legitimate interest of the business which the courts would be satisfied towards making a restrictive covenant includes the trade secrets and confidential information of the employer, clients and customer of the employer and the staff of the employer. In the case of Smith v Nomad Modular Building Pty Ltd [2007] WASCA 169 it had been ruled by the court that a restraint clause can be implemented for a period of six moths and in the case of Seven Network (Operations) Limited v Warburton (No 2) [2011] NSWSC 386 for a period of eight months. This signifies that the period of implementation must be reasonable and legitimate. Application In the given situation an agreement has to be entered upon by Maddie with Clare who has sold her hair dressing saloon business to Maddiie. One of the clauses of the agreement provides that she must not carry on any business in Adelaide for a period of 10 years. In order to analyze whether the clause is reasonable or not the above discussed rules have to be applied. Firstly the business which have been started by Clare is a cafe and has no connection with the hear dressing business. There is no possibility of any threat which can be said to exits in relation to the Hair dressing business which is owned by Maddie. It has been provided that few of the saloon customers are also going to the caf stared by Clare. However such an situation is causing no harm to Maddie as both the business operations are totally different. Thus as per the above discussed rules the restrictive covenant would not be legally enforceable as it is not for a reasonable cause. In addition the clause has been imposed for a period of 10 years. The various cases which have been discussed in relation to restrictive covenants signify that they can at maximum be for a period of 12 months. Thus the period of the clause is also unreasonable. Conclusion The clause imposed by Maddie on Clare is unenforceable References Nordenfeldt v Maxim Nordenfeldt Guns and Ammunition Company [1894] AC 535. Seven Network (Operations) Limited v Warburton (No 2) [2011] NSWSC 386 Smith v Nomad Modular Building Pty Ltd [2007] WASCA 169 Stenhouse Australia v Phillips [1974] AC 391