Conversion Investigation Methods Pierre Dubois is being investigated for embezzling over $850,000 from Laurent Funds Management, for whom he has worked for nearly 12 years. When co-workers noticed the new 'toys' Pierre was buying, they jokingly asked him to tell them his stock picks as they wanted in too! Pierre told them they better adopt some rich relatives. "My Aunt Coraline didn't have any kids, so she left a chunk of her money to each of her nephews." 

The investigation into the affairs of Pierre reveal the following information: 

Required: 

a. Use the net worth method to calculate funds from unknown sources. Show all workings. 

b. Based on the information you have, discuss if the suspect is committing embezzlement? 

c. Write a three square plan to interview Pierre Dubois. d. What is the purpose of developing a three square plan in the investigative interviewing

Transcribed Image Text:

2018 2019 Cash on hand 10,000 10,000 Bank Accounts 150,000 175,000 Shares 120,000 120,000 House 1,200,000 1,200,000 Motor vehicles 75,000 150,000 Вoat 520,000 Jet Ski 18,000 Yacht 250,000 Plane (Cessna 172) 440,000 Total Assets 1,555,000 2,193,000 Loan payable Total Liabilities 350,000 300,000 350,000 300,000 Salary 75,000 75,000 Gambling income 15,000 20,000 Total income 90,000 95,000 Mortgage repayments 12,000 4,551 36,000 Car Costs 11,151 Other living expenses 55,000 110,000 Total Living expenses 71,551 157,151 2018 2019 Cash on hand 10,000 10,000 Bank Accounts 150,000 175,000 Shares 120,000 120,000 House 1,200,000 1,200,000 Motor vehicles 75,000 150,000 Вoat 520,000 Jet Ski 18,000 Yacht 250,000 Plane (Cessna 172) 440,000 Total Assets 1,555,000 2,193,000 Loan payable Total Liabilities 350,000 300,000 350,000 300,000 Salary 75,000 75,000 Gambling income 15,000 20,000 Total income 90,000 95,000 Mortgage repayments 12,000 4,551 36,000 Car Costs 11,151 Other living expenses 55,000 110,000 Total Living expenses 71,551 157,151

Answer rating: 100% (QA)

A Funds from Unknown Sources B Based on the above calculation and identifying the net worth of both ... View the full answer