XYZ Homes

After studying Module 3: Lecture Materials & Resources, discuss the following: For the past year, you have been working as a secretary/processor for a local construction company, XYZ Homes, which specializes in the building of low-cost, limited-option homes. You left a comfortable, good-paying job to work for XYZ because it was family-owned and operated by longtime friends. Soon after you began working for XYZ, you noticed questionable behavior on the part of Mr. and Mrs. XYZs two sons, who are company salesmen. In fact, you are positive that they are falsifying documents to increase their commissions and to trick local banks into approving mortgages to customers who dont meet credit standards.

You are trying to decide how to handle the situation when one of the sons approaches you and asks you to produce and sign a memo to a bank, falsely stating that a certain potential home buyer is creditworthy. You refuse to do so and, after much consideration, approach Mr. XYZ about the situation. To your surprise, he simply brushes off your comments as unimportant and laughingly states that boys will be boys.

What would you do in this situation?

Is the fact that you correctly refused to produce and sign a false memo enough, or are you obligated to report these crimes to the banks and proper authorities?

Discuss the options, responsibilities, and implications you are facing.

Submission Instructions:

Your initial post should be at least 200 words with at least 2 academic sources. Your initial post is worth 8 points.

You should respond to at least two of your peers by extending, refuting/correcting, or adding additional nuance to their posts. Your reply posts are worth 2 points (1 point per response.)

All replies must be constructive and use literature where possible.

Module 3: Lecture Materials & Resources

Symptoms of Fraud & Data-Driven Fraud Detection

Read

and watch the lecture resources & materials below early in the week to help you respond to the discussion questions and to complete your assignment(s).

(Note: The citations below are provided for your research convenience. You should always cross reference the current APA guide for correct styling of citations and references in your academic work.)

Read Albrecht, W. S., Albrecht, C. O., Albrecht, C. C., & Zimbelman, M. F. (2015).

Chapters 5 & 6

PPch5.pptx Download PPch5.pptx PPch6.pptx Download PPch6.pptx Corporate Governance.pptx Download Corporate Governance.pptx

Barker, E. (2016, February 7). How to tell if someone is lying: 5 research-backed secrets. Barking Up The Wrong Tree. https://www.bakadesuyo.com/2016/02/how-to-tell-if-someone-is-lying/

HOW TO TELL IF SOMEONE IS LYING.docx Download

Robson, D. (2015, September 7). The best (and worst) ways to spot a liar. BBCpage. https://www.bbc.com/future/article/20150906-the-best-and-worst-ways-to-spot-a-liar The Best and Worst Ways to Spot a Liar.docx Download The Best and Worst Ways to Spot a Liar.docx