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Explane those 7 elements of the fraud cycle and provide explanation of this model. The 7 elements is: 1 - long - term trusted employee.

Explane those 7 elements of the fraud cycle and provide explanation of this model. The 7 elements is: 1- long-term trusted employee. 2-opportunity arises. 3-runs into outside pressure or incentives. 4-begins to rationalize. 5-makes the worng decision. 6-gradually commits fraud. 7-hindsight 20/20.

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