Organization Financial Fraud in the Food Industry

Organization Financial Fraud in the Food Industry
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Organization Financial Fraud in the Food Industry

Discussion 1

Mike had worked at Brenna Food Retailer for over 27 years. He rose the ranks to become the organization’s chief consultant, starting as a janitor at 17. In the past eight years, Mike has been working as a global ambassador of the organization and has helped establish 18 branches in Europe, Asia, and Africa and curate a diverse, multicultural food alternative on Brennan’s retail shelves. However, his dealings are increasingly raising red flags. A recent audit of his expenses shows false expenses above $21 million. Results show that Mike has created numerous fake accounts and international contacts on the basis on which he developed fake invoices and fake expense reports. Because of his perceived loyalty to the organization, length of stay at the family-owned organizati...