Corporate Embezzlement Network unveils the hidden world of financial crime within major corporations, illustrating how substantial sums can be illicitly diverted. It challenges the notion of isolated wrongdoers, arguing that weak internal controls and a permissive corporate culture often enable systemic embezzlement. Readers will discover how seemingly small accounting irregularities can escalate into massive fraud, often concealed by layers of complexity.

The book meticulously examines various embezzlement methods such as vendor fraud and payroll fraud, drawing from real internal audit reports and case studies of corporate scandals. By dissecting the failures in internal controls and examining the roles of auditors and regulators, Corporate Embezzlement Network offers practical recommendations for strengthening corporate governance and enhancing fraud detection.

The narrative progresses from defining key financial fraud concepts to analyzing specific schemes and culminates in exploring legal and ethical implications. This book stands out by providing unparalleled access to internal documentation, offering a rare glimpse into the inner workings of these schemes. It navigates the landscape of corporate fraud, providing concrete examples of how major financial crimes are hidden in plain sight, making it an invaluable resource for business students, corporate executives, and anyone seeking to understand the intricacies of white-collar crime.

Financial Regulations Overview