This case received media attention when Bonnie Sweeten called 911 on May 26, 2009 stating she and her 9 year old daughter had been kidnapped. She claimed two males forced the two in the trunk of her SUV. It was later discovered that Sweeten faked the whole ordeal and was actually caught at Disney World and taken into custody. Bonnie falsely claimed the abduction and details of the case are unfolding daily.
Many would think a mother that would pull a stunt of such nature as Sweeten must be crazy and have a problem. Sweeten does have a problem and it is much deeper than what the surfaces may display. The mother of three appeared to be the perfect mother, working full time ...view middle of the document...
Financially the two were barely keeping above water but looking from the outside it, no one could tell. Sweeten is being accused of stealing and misappropriating funds for a charity in which she volunteered and stealing thousands of dollars from her former employer.
Bonnie can be classified as an occupational fraudster due to the financial need and stresses of family issues. While employed she allegedly committed internal fraud by misappropriating funds, and stealing money. The elements of the fraud triangle were present for Sweeten as she was pressured by financial problems, had the opportunity and rationalized her need. She had been employed for 15 years and was a trusted employee at the law firm. With the three elements of the fraud triangle found of (page 87 of the text) are all present as in Bonnie’s case, fraud likeliness is increased.
Having effective internal controls in place and adhering to them is an important measure that should have taken place with the previous employer of Sweeten. The control environment, risk assessment, control activities/ procedures, information and communication system support and monitoring all collectively work together to strengthen the internal control in a company for the reduction of fraud opportunities. Oftentimes in a company it’s not the lack of controls that allow fraud to occur it’s the disregard of in place controls that allow fraud to occur. Having controls in place, enforcing and adhering to those controls is the best solution to fraud for a company. Her previous employer, the law firm, should have implemented these measures to insure the reduction of fraud and catch the problem before hand. Allegations are coming out now as to suggested fraudulent behavior now when the firm’s owner lost her law license and the charges brought about against Sweeten for the kidnapping surfaced. Carlitz, the former alleges Bonnie stole money and laundered money from a related foundation‘s bank account.
A solution for authorities during investigation of the current financial fraud behaviors should include working with the IRS and utilizing indirect methods of income. Chapter 6...