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Focus On White-Collar Crime: Accounting Fraud and Computer Crimes Creates Need; Qualified Investing

An epidemic of white-collar financial crimealtered or doctored in some way. Terms like
has resulted in the development of"computer forensics and "accounting
specialized education programs focused onforensics" have entered the lexicon of crime
economic crime investigation and fraudinvestigators as they begin probing a crime
management. These college-level degreescene that does not contain blood evidence,
programs attract students who are interestedsigns of violence or even an obvious victim.
in law enforcement and are attracted by theBut these are certainly not victimless
very unique nature of these types of crimescrimes.Hundreds of major corporations,
and the special investigative techniquesgovernment institutions and law enforcement
required to solve them.There seems to be noagencies are staffing up with economic crime
end to the greed in the hearts of somespecialists, fraud investigators and fraud
professional business people. It isn't enoughmanagement specialists. The need for
to have fancy cars, vacation homes and otherqualified investigators has prompted colleges
lavish perks of the highly successful. Manyto develop specialized curricula devoted to
selfish individuals have decided to play athe study of economic crime prevention. Some
risky game ofschools feature Bachelor's and Master's
"milk-the-company-for-all-it's-worth" to fuelDegree programs in Economic Crime. The
an unhealthy appetite to acquire morecourses are usually instructed by faculty
"things" for no other reason than to havemembers experienced in economic crime
them. As a result, books are cooked, balanceinvestigation and computer crime control.
sheets become unbalanced and finally, as inRight now, more than 90% of their Bachelor's
the case of Enron, there is nothing left toin Economic Crime Investigation graduates are
share with the shareholders.Economic crime isworking in professional positions relevant to
a broad category encompassing a variety oftheir career interests.Graduates with these
offenses all of which are focused on bilkingunique, highly specialized degrees are in
a private company, government agency or othergreat demand. A number of colleges are now
professional institution out of theirmaking these programs available for online
financial resources. Individuals at any levelstudy. That means that, no matter what your
of an organization including, as we have seencurrent commitments or time constraints,
in recent years, the most senior management,these very attractive and potentially
may perpetrate these crimes. And the methodslucrative and rewarding degree programs are
that they use may be highly sophisticatedavailable to almost anyone. Who knows, at
including manipulating computer systems orsome point in the not-too-distant future you
fudging accounting records.A fraudmay be instrumental in finding, apprehending
investigator must be highly educated and welland convicting economic criminals that are
versed in the financial and technologicalstealing from us all.
systems and practices that may have been



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