Please analyze the fraud case scenario below. Do a research and 6 PowerPoints slides using the fraud triangle on Joe

Fraud Scenario

Recently two employees who sit next to each other at XYZ Company, a very large health insurance company, were complaining to each other that they were victims of identity theft. Both employees had fraudulent checks drawn on their personal bank accounts. In both instances, the fraudulent checks that were drawn on the employees accounts contained each employees, both females, maiden names. Both employees only used their maiden names at work.

It was subsequently discovered by internal investigators at XYZ Company that over forty additional employees had reported the same recent problems with fraudulent checks being drawn on their personal bank accounts.

All victim employees were interviewed.

All had maintained flexible spending accounts with a direct deposit feature on their accounts. XYZ Company is both the administrator for Flexible spending accounts, as well as the employer for the victims and suspects.

You, the Certified Fraud Examiner, have narrowed the field down to five possible subjects:

1: Stephanie

• 42 YOA/13 years with the company/Makes $47,000
• Recently widowed, husband of 22 years died last year
• 4 children, 1 in college, 3 in middle and high school
• Bought house 6 years ago
• Drives a 2015 Honda Odyssey
• Spends most free time taking children to sports activities
• Very outgoing, life of the party
• Customer Service Representative

2: Rob:

• 24 YOA/4 years with the Company/Makes $28,000
• Single, 9 months old child and 1 year old child
• College dropout after losing basketball scholarship due to injury
• Might be dating someone at work (against company policy)
• Drives a loaded 2016 Chevy Camaro and enjoys showing it off to the guys at the car club
• Enjoys fancy restaurants, clubs, and parties
• Lives by himself in a small apartment after moving out of his exs about a year ago
• Works within Marketing Department as Social Media Marketing assistant

3: Joe:

• 50 YOA/25 years with the Company/Makes $75,000
• Married, father of 4, two in college and two in high school
• Multiple girlfriends
• Drives a 2017 Ford Expedition
• Has lived in the same home for 20 years
• VP of Human Resources
• Very social both at work and outside the workplace

4: Billy

• 38 YOA/15 years with the Company/Makes $51,000
• Married 9 years
• Father of two, both in grade school
• Bought house 8 years ago
• Drives a 2009 Buick Lacrosse
• Very shy, prefers to keep to himself
• Avid golfer, travels all around the region to play
• Customer service representative who recently transferred from human resources

5: Amber:

• 25 YOA/2 years with the Company Makes $30,000
• Never been married, no children
• Recently started dating someone
• Moved into her first apartment six months ago
• She has a difficult relationship with her mother and step-father
• Enjoys her new-found independence
• Outgoing/Likes to Party with friends
• She wants to go to college and become a director of human resources
• Customer service representative with the company that assists thehuman resources department with various monthly tasks
• Drives a 2013 Toyota Prius