Mary Jane betrays the boss and embezzles $400,000

Identify fraud prevention, detection and investigative techniques that could have prevented and uncovered the fraud.

Read the appropriate fact pattern for your group.

• Analyze the fact pattern. Identify and explain how the fraud happened. What type of specific fraud was committed, e.g skimming, lapping, etc.? What were the specific contributing factors to the fraud?
• Document and explain detection techniques that could have been used to uncover the fraud. Were there any red flags that should have provided an indication that something inappropriate was occurring?
• Identify and explain fraud prevention techniques that could be utilized to prevent the fraud.
• What investigative techniques could be used to uncover the fraud? Be sure to consider the use of information technology as a technique.