With your research complete, write your 2-3 page paper regarding the fraudulent activity. Your report must identify the following for each company:

Issue – What types of fraudulent activity occurred?

Facts – Where did this activity take place? What was the scenario? Who was involved?

Weaknesses – What were the weaknesses within the company’s internal control structure that allowed for the fraud to occur?

Outcome – What was the court decision in this case?

Prevention/Detection – How would you have prevented and/or detected this fraud?

Financial Impact – What was the total dollar value of loss due to the fraudulent activity?

Please make sure that you are following APA format for in-text citations and the reference page. Your citations must be in APA style.

USE THESE LINKS FOR RESEARCH:
FOR REFCO:

http://www.reuters.com/article/2013/07/15/us-usa-refco-collins-idUSBRE96E0XJ20130715

http://en.wikipedia.org/wiki/Refco

http://online.wsj.com/news/articles/SB113079763032684551

FOR ADELPHIA COMMUNICATIONS CORPORATION:

http://www.nbcnews.com/id/8291040/ns/business-corporate_scandals/t/adelphia-founder-gets–year-term-son-gets/#.U5jcEvldVqU

http://www.aicpa.org/InterestAreas/AccountingEducation/Resources/DownloadableDocuments/adelphia.ppt