1. Michael J Saylor was the Chairman of MicroStrategy had...

1. Michael J Saylor was the Chairman of MicroStrategy had committed fraud in reporting profits when the company was actually losing money. Mr. Saylor settled the civil charges that were filed in federal court in Washington without admitting or denying them and agreed to pay $8.3 million to shareholders and a $350,000 penalty to the S.E.C. I think that 8.3 million dollars to the shareholders is a lot of money to be paid. I do not agree with this price. Since he was the Chairman of the company, I think he should have not committed fraud. I know he did not want his company to collapse, but he still should have not committed fraud. I do agree with the 350,000 penalty to the S.E.C. I think that price is not too bad. 2. Anna Yun was†¦show more content†¦I do not agree with this sentence. I think Houvan should have served time for this crime because 35,000 is a lot of money also Houman forged signatures to get the money. So, I think Houvan should at least get 2 years in prison for this crime. 4. Kathryn Harmon was owner, president, CEO, financial aid director, bookkeeper, and medical instructor for the college of Allied Health. In the Case involving Harmon and Case, an investigation showed that the College of Allied Health received allocations of more than 1.7 million in Pell Grant funding to distribute to its students. The investigation revealed that more than 1.4 million had been fraudulently obtained by the school. Harmon, Case and other Co-conspirators forged and created documents and submitted fraudulent grant applications to the US department of education for non-existent or non-eligible students. A portion of the 1.4 million was used to pay salaries and operating expenses and the rest was used for their own personal use. Some of the funds were spent on jewelry, real estate, furniture, and an automobile. Harmon and Case was sentenced to 5 years in prison and 250,000 in fines. I do not agree with this sentence, I think they should have gotten 10 years for what they had done because 1.4 million is a lot of money to be stolen. Also, they were not supposed to use the money to pay salaries and operating expenses that money was supposed to go to the students enrolled