A number of years ago, General Motors experienced a $436 million fraud committed by a Long Island automobile dealer The dealer was borrowing money from General Motors ' financing division and using the money to buy vans that didn 't exist Supposedly, he was shipping the vans overseas where they wer...

1 Fraud is a trick to get something from others assets without forcing him physic ...

A number of years ago, General Motors experienced a $436 million fraud committed by a Long Island

Question:

A number of years ago, General Motors experienced a $436 million fraud committed by a Long Island automobile The was borrowing money from General Motors' financing division and using the money to buy vans that didn't exist. Supposedly, he was shipping the vans overseas where they were being used for temporary housing for low-income people.
1. What kind of physical evidence would you gather to investigate this fraud?
2. How would you go about making sure this kind of fraud didn't happen again?
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...