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Fraud Accounting Case Study 6 Case Study:Case in Point: Pharmaceutical Fraud Link: https://mediaweb.saintleo.edu/courses/ACC505/ACC505_CaseStudy_Mod7.pdf Compose a two page, double-spaced, APA...

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Fraud Accounting

Case Study 6

Case Study:Case in Point: Pharmaceutical Fraud

Link:https://mediaweb.saintleo.edu/courses/ACC505/ACC505_CaseStudy_Mod7.pdf

Compose a two page, double-spaced, APA format (source citations and reference insertions) essay. Expand your recommendations as they are supposed to be the main, and most part of the second page of these. Please do not use Wikipedia as a source.

List the linked document on the references (APA)

(This Assignment Box maybe linked to Turnitin.)

Please use attached template(See cover letter attachment, and use as template)

Answered Same Day Apr 05, 2021

Solution

Soumi answered on Apr 10 2021
151 Votes
Running head: SHORT TITLE OF PAPER (<= 50 CHARACTERS)
Fraud Accounting Case Study 6 — Case Study: CASE IN POINT: PHARMACEUTICAL FRAUD
[Student Name]
Saint Leo University
[Course/Number]
[Instructor Name]
April 10, 2019
Running head: CASE IN POINT: PHARMACEUTICAL FRAUD    1
SHORT TITLE OF PAPER (50 CHARACTERS OR LESS)     4
Student Signature: [Type Full Name Here]
Case In Point: Pharmaceutical Fraud
The paper contains a summary of the module 7 case and recommendations to prevent or stop such frauds in future. The thesis statement is that internal controls are required in the pharmaceutical industry especially in the pharmacies in order to check the deceptions that might take place, causing harm to patients.
Case Summary
Summary of the Case
The issue of pharmaceutical fraud is not a rare incident in the world of business; however, finding a reputed person causing the fraudulence can be a shocking one. The cu
ent assignment highlights the pharmaceutical fraud practiced by a pharmacist Robert Courtney, who belonged to a virtuous Christian family in Kansas. This case is an unsettling one to bear as Courtney diluted the prescribed medicines of cancer patients that were order to his pharmacy, thus, possibly causing them deaths, which could have been evaded for some time, had the patients got their proper dosages of medicines. Besides, he also purchased medicine from the gray market, which sells medicines illegally to cause huge profits.
Factors allowing the Fraud to Happen
Basically, three reasons have been cited in the case to have caused the fraud— opportunity to earn money in the absence of supervision, pressure to maintain the lavish lifestyle that he...
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