Big Business Bust

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This week, Aventura Technologies in Long Island, allegedly tried to conceal the fact that Chinese-made surveillance and security equipment were made in America.

Questions:

  1. Agents from which bureaus raided the company?
  2. How long has the scheme been going on and how does that compare to the ACFE’s average time for this type of fraud?
  3. Who were the company’s largest customers?
  4. How much has the company averaged in revenues?

Source:

Sprouse, W. (2019). New York Tech Company Charged with Selling Chinese Equipment to U.S. Military. CFO, Nov. 7 (Retrievable online at https://www.cfo.com/fraud/2019/11/new-york-tech-company-charged-with-selling-chinese-equipment-to-u-s-military/)