Scott W. Rothstein Story
Not what you're looking for?
In 1785 words, please discuss include an abstract and introduction of Scott W. Rothstein story (fraudster), the background and history, how He committed the fraud via the fraud triangle, how you would correct the issue, what accounting principles He violated, your recommendations for a fix, internal and external controls violated, and a conclusion.
See below couple articles :
How Scott Rothstein rode $1.2 billion Ponzi scheme to wealth and power :http://www.csmonitor.com/USA/2010/0127/How-Scott-Rothstein-rode-1.2-billion-Ponzi-scheme-to-wealth-and-power
Rothstein Exposé Details Sex, Murder, and Corruption Behind Florida's Largest Ponzi Scheme : http://www.forbes.com/sites/jordanmaglich/2013/01/21/rothstein-expose-details-sex-murder-and-corruption-behind-floridas-largest-ponzi-scheme/
Purchase this Solution
Solution Summary
The solution discusses Scott W. Rothstein's story concerning fraud and with 576 words and APA References.
Solution Preview
The response addresses the query is posted in 576 words with APA References.
//Scott W. Rothstein was involved in one of the biggest frauds of the financial nature by the means of a Ponzi scheme. The illegal transactions were executed for the purpose of cheating. In this context, various aspects of the fraud by Scott W. Rothstein have been explained below. //
Introduction
Scott W. Rothstein was a lawyer and the Chief Executive Officer in the law firm by the name of Rothstein Rosenfeldt Adler. This law firm was closed after the fraud by Rothstein was discovered. He committed the fraud by the means of Ponzi scheme, and this was considered as one of the largest frauds in the field of finance (Richey, 2010).
Background and History
Scott W. Rothstein committed the fraud of $ 1.2 billion in South Florida. The amount accumulated by the means of fraud was used for the contribution in the political field, lavish lifestyle, salaries in the law firm and philanthropy. The ...
Education
- MBA (IP), International Center for Internationa Business
- BBA, University of Rajasthan
Recent Feedback
- "Thank You so much! "
- "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
- "great job. I will need another help from you. "
- "first class!"
- "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution
Free BrainMass Quizzes
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.