Later in the month, the Chief Financial Officer (CFO) of Australian Airlines Pty Ltd had a meeting with Barry and explained to the director that their building insurance was up for renewal and that the company they dealt with was going to raise the price of their building insurance premiums by 10%. Consequently, Barry decided to change insurance companies and after searching on the Internet for 10 minutes he found a company in Pakistan called Acme Insurers Inc (AII). This new company had very cheap premiums so Barry cancelled the insurance cover that Australian Airlines Pty Ltd had with their current insurers and then entered into a 10-year deal with AII. The new insurance contract with AII required that AA Ltd pay AII a deposit of $5 million, which had to be paid before the insurance cover could begin. Barry organised for the money to be transferred from the AA company account to AII’s Pakistan bank account. Unfortunately, in early 2014, Queensland suffered three cyclones, which flooded three of AA’s largest airports. The total loss amounted to over $70 million. When Barry tried to inform the insurance company he discovered that no company actually existed and that the $5 million deposit had disappeared.Later in the month, the Chief Financial Officer (CFO) of Australian Airlines Pty Ltd had a meeting with Barry and explained to the director that their building insurance was up for renewal and that the company they dealt with was going to raise the price of their building insurance premiums by 10%. Consequently, Barry decided to change insurance companies and after searching on the Internet for 10 minutes Later in the month, the Chief Financial Officer (CFO) of Australian Airlines Pty Ltd had a meeting with Barry and explained to the director that their building insurance was up for renewal and that the company they dealt with was going to raise the price of their building insurance premiums by 10%. Consequently, Barry decided to change insurance...