Question
For this post, I want you to consider the Fraud Triangle and apply the theory to a real life story which made national headlines. For
For this post, I want you to consider the Fraud Triangle and apply the theory to a real life story which made national headlines. For this post, consider the case and ultimate convictions of "Real Housewives of New Jersey" stars Teresa and Joe Giudice. Read background information from this article and then provide commentary related to a few questions shown below. Here is the link: http://www.cbsnews.com/news/real-housewives-of-new-jersey-stars-joe-giudice-teresa-giudice-sentenced-in-fraud-case/ (if this does not automatically open, copy and paste the link into your web browser) Questions to consider: 1) Briefly summarize the details regarding the situation that led to the conviction of both Mr. & Mrs. Giudice. 2) How can you relate the three elements of the fraud triangle to the fraud that the Giudice's committed. 3) Could the banks/lenders that were victims of the fraud in this case have been more diligent in stopping the fraud? If so, how? 4) Is their any scenario where you feel empathy for the Giudice's? Explain.
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