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Larry C. Adams, CPA
Phoenix, Arizona USA
Certified Public Accountant
Certified Fraud Examiner
E-mail
fraudwritr@aol.com
Telephone (602) 995-8008
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November 2000 Topics
Acid Test, Clink, Cloaking,
Defalcate, Gimmick,
Janet Cooke,
Street Law, and Wiggle Room
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Beware of reports you want to
be true, for whatever reason.
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Fraud In Other Words: Professional Jargon and Uncensored Street Slang
By Larry C. Adams, CFE, CPA, CIA, CISA
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Acid Test
A severe or crucial test. When gold was in wide circulation, the
question often arose as to whether an alleged gold coin or object was
genuine. Nitric acid was applied. If the piece was false gold, the acid
decomposed it. If it was genuine, the gold remained intact.
James
Rogers, The Dictionary of Clichés, Ballantine Books, New York, 1985, p. 2.
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Clink
A prison or prison cell. Clink was derived from the Middle Dutch word
klink, meaning door-latch. London's infamous Clink Prison (1109 - 1780
A.D.) was located in the Liberty of Clink, a medieval manor with a
reputation for lawlessness and immoral activities.
The
prison was part of the palace of the Bishop of Winchester because the
clergy was responsible for punishing wrongdoers. Prisoners in the cells
were subjected to chains, iron fetters, torture, and flooding from the
Thames River. The Clink Prison Museum remains a popular tourist attraction
(www.clink.co.uk).
Jay M. Moynahan and Sarah J. Trent, "The Clink
Prison," American Jails, July/August 1996,
http://www.class.ewu.edu/class/CJ/
The%20Clink%20Prison. Photo: Chris Haydon,
www.southwark.tv/ tvtrust/stvboroimages.asp.
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Cloaking
Enshrouding objects or
concealing things. E-fraudsters use bulk e-mailing programs that include
cloaking features. The cloaking features forge the return addresses and
network information to hide the origin of their messages, making them
difficult or impossible to detect. Fraudsters use rogue Internet
service providers, who do not close the fraudsters’ Internet access and
e-mail accounts despite complaints from victims who received their e-mail
solicitations.
Eastman’s Online Genealogy Newsletter, October
30, 1999.
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Defalcate
To misuse property or money that belongs to someone else and is held
in trust. To take away. To embezzle. The Medieval Latin words defalco,
de
falx, and de falcis meant “to cut off with a sickle or pruning
knife.” Defalco was used to describe how valuable grasses or crops were
cut with a sickle, then taken away.
Charles Earle Funk, Thereby Hangs a Tale: Stories of
Curious Word Origins, Harper & Row, New York, 1985, p. 92.
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Gimmick
A trick intended to attract attention, manipulate publicity, and
achieve a result dishonestly. A piece of concealed information that, if
known, would make an offer or opportunity less attractive. A device for
making a fair game crooked. The word gimmick began as gimac, an
anagram of magic.
Paul West, The Secret Lives of Words, Harcourt,
Inc., New York, 2000, p. 122.
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Janet Cooke
A failure to double check the facts and authenticity of a report or
story. A lack of quality control by supervisors and managers. An
abandonment of professional skepticism and responsibility. The term, Janet
Cooke, is a symbol for the worst in American investigative journalism;
contrary to the term Watergate, which is a symbol for the best. Janet
Cooke was a reporter for The Washington Post in 1980. She wrote
“Jimmy’s World,” an 18,000 word local news story spread over the front
page and four full pages inside. It was a vivid report about an
eight-year-old heroin addict who was regularly shot up by his mother’s
live-in lover. More than 300 newspapers around the world printed her
story. Cooke won the 1981 Pulitzer Prize for feature reporting for
“Jimmy’s World.”
Two
days after winning the award, Cooke confessed, under intense scrutiny,
that she made up the entire story about Jimmy. She also admitted she
falsified her academic credentials, resume, and job application. The
surprising revelations of fraud tarnished the reputations of the Post,
its owners, editors and staff, the mayor of Washington, D.C., the police
department, and Howard University. Several lessons were learned from the
global humiliation. 1. There really is no protection against a skillful
liar in any profession. 2. Check job applications and references
carefully. 3. Beware of reports you want to be true, for whatever reason.
4. Find at least one naysayer, and listen to him. 5. Never get discouraged
by how hard it is to find the truth.
Ben Bradlee, A Good Life: Newspapering and Other
Adventures, Simon & Shuster, New York, 1995, p. 435 - 452. Photo:
cenocracy.topcities.com/ cro84.html.
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Street Law
Powerful, vengeful enforcement actions used by gangs or organized
crime against anyone who interferes with their legal or illegal
operations. Vindictive actions are taken against policemen, judges,
legislators, trial lawyers, whistleblowers, and other persons to teach
them a lesson. The premeditated acts of revenge are taken without regard
to written laws. The strongest form of street law involves wet work
- bloody actions like murder, bombing, rape, and disfigurement.
James Patterson, The Midnight Club, Ivy Books,
New York, 1989, p. 71 - 73.
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Wiggle Room
Enough scope or leeway for some freedom of choice, action or thinking.
More latitude for allowing testimony, making plea bargains, or deciding
verdicts. Extra space or discretion, in which to maneuver. Room for a
plausible excuse. Elbow room.
John Grisham, The Brethren, Doubleday, New York,
2000, p. 18 - 19.
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Larry C.
Adams, CFE, CPA, CISA, CISA,
is an audit consultant in Phoenix, Arizona. His latest book is Fraud in
Other Words, Second Edition, 1999. He is a member of The White Paper
Editorial Review Board. His e-mail address is
Fraudwritr@aol.com.
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ã
Copyright 2000 Larry C. Adams.
All rights reserved.
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This article is in the
November/December 2000 issue of
The White Paper, the Journal of the Association of
Certified Fraud Examiners.
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