Reference no: EM13766092

"Money Mike Financial" Company Overview

Money Mike Financial is a financial service company servicing Florida by providing non-bank financial services to consumers via a network of retail locations throughout the state. MMF's services range anywhere from Check cashing and bill payment all the way to short term money orders and fax services along with many others. MMF is not only a privately ran and operated business but they also take care of all of their payroll, security and benefits in house.

Elements of the Tort Crime of Negligence:

(1) Duty,

(2) Breach,

(3) Causation and

(4) Damages

Money Mike's hierarchy is broken down as such

SCENARIO:

Money Mike Financial, as described above, was burglarized late last night. During the burglary, the perpetrators broke the front window and picked every lock, door and safety precaution the company previously put in place to protect their clients. The specific precautions taken are unknown at this time. Upon breaking in, the perpetrators stole roughly 50 client files with all of their personal and financial information. The perps have yet to utilize this information to their advantage but it is foreseeable that they will utilize the information to replicate each of their identities (identity theft).