Fraud is Multifaceted Essay Example | Topics and Well Written Essays - 750 words

Fraud is Multifaceted - Essay ExampleThe dishonest practices among the Statesn business executives ar pervasive (Lane & Simpson in Lane & DiStefano, 1988) and rampant in the developing countries because of their capitalistic behavior (Magnis-Suseno, 2000) and in America as well because Americans can be bought and so easily sold (Choate, 1990).Among these executives, your competitors use bribes and unless you are volition to meet this standard of competitive practice, you will lose business (Lane & Simpson in Lane & DiStefano, 1988, 236). On scallywag 237 they stated, Bribery increases a products costs and often is used to secure import licenses for products that no longer can be sold in the developed world. Such corrupting practices also lead to the moral disintegration of individuals and eventually the societies (Ibid).Unfortunately, from the outside looking in, the blame is on government but in any case often, people see the beam on their brothers look much while the block i n their eyes they cannot remove. Or like the rotten egg, the smell would eventually emerge. They are pointing at government officials of the developing countries or they are being claimed as the corrupt and pay off society (Lane & Simpson in Lane and DiStefano, 1988).Lahmeyer internationalist consulting group was suspended by the World Bank for bribing the Nigeria minister who was taken to court on a charge of fraud. While the minister was charged by the state as fraud, in the early 1990s, more than 100 Americans ex-federal employees including politicians and Congressmen were also charged with fraud and bribery of the US government.