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He had tried to bring this information to local authorities, Steamy and
Daddy, and others, and when he had done so, he was threatened with
his life by the partners of his CPA firm (they did not want to lose a
“good” client), by someone named “Tony” from one of the local
unions, by the state head of the Department of Professional Licensing
who licenses CPAs, and finally by a CRookEd Partner VP.
To avoid being discovered he had recently been living in Vegas as a
showgirl, doing two shows a night; three on the weekends.
This story sounded so preposterous you request some proof. Mr. Hart
stated he had the depreciation schedule CRookEd Partners created for
the bogus balance sheet they are planning to present to the bank to
secure a loan to buy equipment for the second phase of this project: a
combo pipeline/waterslide from Rock Springs to Laramie, Wyoming.
There are two team assignments related to the Crooked scenario this
week.
Part 1:
Based on the depreciation schedule given to you by Mr. Hart (see
attached), and with your team, please perform an analysis on it using
concepts from Fraud Examination, 5th Edition Chapters 11 – 13 and
from Executive Roadmap to Fraud Prevention and Internal Control:
Creating a Culture of Compliance, 2nd Edition, Chapter 6 (Reading
for this week).