Business Law, Public Responsibility, and Ethics Commons^™

How Mortgage Fraud Helped Facilitate The 2008 Housing Crisis, Darlene B. Freeman

Economic Crime Forensics Capstones

There has been much debate about what caused the housing meltdown that occurred from 2008 through 2010. One aspect that has not been debated; mortgage fraud was at the center of this historically difficult time in our nation’s history, and played a major role in causing millions of homes to go into foreclosure. For this Capstone Project, I will analyze the devastation mortgage fraud caused in the lives of people that were displaced from their homes, workers that lost their jobs and the continued devastation that still remains due to a shrinking housing market. I will also examine the lasting …

Analyzing Proactive Fraud Detection Software Tools And The Push For Quicker Solutions, Kerri Aiken

Economic Crime Forensics Capstones

This paper focuses on proactive fraud detection software tools and how these tools can help detect and prevent possible fraudulent schemes. In addition to relying on routine audits, companies are designing proactive methods that involve the inclusion of software tools to detect and deter instances of fraud and abuse. This paper discusses examples of companies using ACL and SAS software programs and how the software tools have positively changed their auditing systems.

Novelis Inc., an aluminum and recycling company, implemented ACL into their internal audit software system. Competitive Health Analytics (Division of Humana) implemented SAS in order to improve their …

Electronic Validation In The Pharmaceutical Industry, Victor Decouto, S Singh

Mathematics and Computer Science Capstones

The authors investigate whether or not companies within the pharmaceutical industry still have a hard time effectively designing and following an electronic validation system. With increased data integrity issues from electronic systems, the FDA introduced 21 CFR Part 11 in 1997 to allow for the use of electronic signature and records for processes within the pharmaceutical industry. This regulation also required that the computer and electronic systems be available for audits and inspections by the FDA. In order to comply with 21 CFR Part 11 and adapt to new technology, companies must have an electronic validation system. The electronic validation …