Document Type and Release Option
Thesis (open access)
Dr. Dwight Sneathen
For decades fraud has been an ever growing problem in our society, costing Americans hundreds of billions of dollars each year. Every investor and consumer pay for the effects and damages of fraud directly or indirectly. Investors need to proactively search for red flags before investing. Through an examination of two recent frauds, Theranos and Fyre Media, I will discuss the frauds perpetrated and the red flags present that investors missed.
This paper looks into how fraud impacts investors, and how investors can protect themselves by doing the proper due diligence. I will examine two recent frauds, Theranos and Frye Media, to discuss the impacts of fraud and the red flags investors missed.
Albers, Katherina D., "Caveat emptor: A Study of Fraud, Red Flags, and Investor Due Diligence" (2019). Honors College Theses. 453.