Question

Present a recent example of fraud with non-cash assets or fraudulent reimbursement. Be sure to answer the following questions in your paper:

Who committed the fraud?

What was taken and what was its value?

When was the fraud committed?

Where was the fraud committed?

How was it stolen?

Why did the perpetrator commit the crime?

Answer 1

An example that I am referring to is an example of fraudulent reimbursement.

1. The fraud was committed by Paul Dunham and his wife Sandra Dunham.

2. The fraud pertained to fraudulent reimbursement and the couple defrauded their employer of $1 million through expense claims that were fraudulent.

3. The fraud was committed in the year 2014.

4. The fraud was committed in Maryland.

5. The fraudulent reimbursement (nothing was stolen in this case) came into effect as the Dunham’s defrauded their employer – PACE Worldwide – by charging personal expenses to their corporate credit cards and by showing the expenses as business expenses. They also obtained duplicate reimbursements from their employer.

6. The perpetrators committed the crime by falsely classifying their personal expenses as business expenses of PACE. Both Paul and Sandra took advantage of their senior positions within the company and got false vouchers reimbursed. The couple also forged receipts and invoices to commit the fraud and increase the amount of reimbursement that they can claim.

Reference:

The U.S. Attorne y’s Office – District of Maryland. Retrieved from https://www.justice.gov/usao-md/pr/former-executives-admit-defrauding-employer-1-million-through-fraudulent-expense-claims