in Singapore. The client deposited a check of $25,000 into Bank A into the account he has at Bank C. He is aware that the transaction will be cleared at Bank A only after seven working days and so, for that period, he still has access to $25,000 in Bank C. Two days later, he withdraws this money from Bank C and deposits another check of $25,000 in Bank A, this time from Bank B, to ensure the PART III Control of Accounting Information Systems availability of funds in Bank B for another seven working days. Within this period, he withdraws this amount from Bank A and, belore the seven working days are over, deposits a check of S\$25,000 from Bank D into Bank B. REQUIRED What type of embezzlement scheme is this and what can be done to make it difficult to successfully conceal such a scheme