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  3. I'm sure Walmart has it for less

I'm sure Walmart has it for less

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  • RaviBeeR RaviBee

    Interesting.  The seller (bonbonshop) has several other items[^] for sale, each priced at CAD 99.999.00. /ravi

    My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

    D Offline
    D Offline
    Dalek Dave
    wrote on last edited by
    #9

    Yeah, definitely a procurement fraud. the employee will get the company to buy as much as possible, very quickly, then disappear. It sounds simple, but it will inevitably end in tears before bedtime for the crooked employee. Much better to sneak snaller amounts through over a longer time span. As I said before though, most people who try accountancy frauds are unaware of the controls in place or the trail they leave. You never hear of accountants defrauding people, do you? :)

    --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

    RaviBeeR D 2 Replies Last reply
    0
    • D Dalek Dave

      Yeah, definitely a procurement fraud. the employee will get the company to buy as much as possible, very quickly, then disappear. It sounds simple, but it will inevitably end in tears before bedtime for the crooked employee. Much better to sneak snaller amounts through over a longer time span. As I said before though, most people who try accountancy frauds are unaware of the controls in place or the trail they leave. You never hear of accountants defrauding people, do you? :)

      --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

      RaviBeeR Offline
      RaviBeeR Offline
      RaviBee
      wrote on last edited by
      #10

      This[^] is one of my favorite shows.  Amazing how gullible people can be - even those who ought to have known better. /ravi

      My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

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      • RaviBeeR RaviBee

        This[^] is one of my favorite shows.  Amazing how gullible people can be - even those who ought to have known better. /ravi

        My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

        D Offline
        D Offline
        Dalek Dave
        wrote on last edited by
        #11

        Greed, heedless of wisdom, has brought many a man down.

        --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

        RaviBeeR 2 Replies Last reply
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        • D Dalek Dave

          Greed, heedless of wisdom, has brought many a man down.

          --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

          RaviBeeR Offline
          RaviBeeR Offline
          RaviBee
          wrote on last edited by
          #12

          Indeed - even otherwise rational and intelligent ones. /ravi

          My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

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          • D Dalek Dave

            Greed, heedless of wisdom, has brought many a man down.

            --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

            RaviBeeR Offline
            RaviBeeR Offline
            RaviBee
            wrote on last edited by
            #13

            Just heard back from Amazon (pretty quick, methinks): "Our investigations team will look into the situation and take appropriate action." /ravi

            My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

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            • D Dalek Dave

              Do you know what this is? No? Then let me tell you. Someone has put this up for a huge amount of money because they are embezzling money from the company they work for. It is under $100,000 which is presumably an amount that requires supervisory authority. They make the purchase, presumably hidden under some bland narrative as Technical Equipment and have the cost sent to a paypal account. The trouble is that people are stupid. There will be a full audit trail leading right back to them. Also, Amazon, eBay etc are all aware of this type of fraud and you can bet your bottom dollar they are monitoring it. Accountants are not stupid, and will pick this stuff up in the annual audit. I certainly would question the bona fides of such an amount.

              --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

              M Offline
              M Offline
              Mark_Wallace
              wrote on last edited by
              #14

              I can see that you've researched this very carefully, and in great detail.

              I wanna be a eunuchs developer! Pass me a bread knife!

              D 1 Reply Last reply
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              • M Mark_Wallace

                I can see that you've researched this very carefully, and in great detail.

                I wanna be a eunuchs developer! Pass me a bread knife!

                D Offline
                D Offline
                Dalek Dave
                wrote on last edited by
                #15

                One of the courses you have to pass in order to get certified by CIMA is about fraud and embezzlement. It is a surprisingly large and interesting section of the curriculum.

                --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

                M 1 Reply Last reply
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                • D Dalek Dave

                  One of the courses you have to pass in order to get certified by CIMA is about fraud and embezzlement. It is a surprisingly large and interesting section of the curriculum.

                  --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

                  M Offline
                  M Offline
                  Mark_Wallace
                  wrote on last edited by
                  #16

                  Dalek Dave wrote:

                  One of the courses you have to pass in order to get certified by CIMA is about fraud and embezzlement.

                  That section is obviously funded by the Mafia, who was sick of their accountants getting caught.

                  I wanna be a eunuchs developer! Pass me a bread knife!

                  1 Reply Last reply
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                  • D Dalek Dave

                    Do you know what this is? No? Then let me tell you. Someone has put this up for a huge amount of money because they are embezzling money from the company they work for. It is under $100,000 which is presumably an amount that requires supervisory authority. They make the purchase, presumably hidden under some bland narrative as Technical Equipment and have the cost sent to a paypal account. The trouble is that people are stupid. There will be a full audit trail leading right back to them. Also, Amazon, eBay etc are all aware of this type of fraud and you can bet your bottom dollar they are monitoring it. Accountants are not stupid, and will pick this stuff up in the annual audit. I certainly would question the bona fides of such an amount.

                    --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

                    P Offline
                    P Offline
                    Pualee
                    wrote on last edited by
                    #17

                    Repost

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                    • D Dalek Dave

                      Yeah, definitely a procurement fraud. the employee will get the company to buy as much as possible, very quickly, then disappear. It sounds simple, but it will inevitably end in tears before bedtime for the crooked employee. Much better to sneak snaller amounts through over a longer time span. As I said before though, most people who try accountancy frauds are unaware of the controls in place or the trail they leave. You never hear of accountants defrauding people, do you? :)

                      --------------------------------- Obscurum per obscurius. Ad astra per alas porci. Quidquid latine dictum sit, altum videtur.

                      D Offline
                      D Offline
                      Dan Neely
                      wrote on last edited by
                      #18

                      Dalek Dave wrote:

                      You never hear of accountants defrauding people, do you? :)

                      Although they managed to get their conviction overturned (due to a courtroom error on the judges part) Arthur Andersen[^] were initially convicted for their part in the Enron debacle.

                      Did you ever see history portrayed as an old man with a wise brow and pulseless heart, waging all things in the balance of reason? Is not rather the genius of history like an eternal, imploring maiden, full of fire, with a burning heart and flaming soul, humanly warm and humanly beautiful? --Zachris Topelius Training a telescope on one’s own belly button will only reveal lint. You like that? You go right on staring at it. I prefer looking at galaxies. -- Sarah Hoyt

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