THIS IS AN AUDIT QUESTION.

Read the case carefully for identify as many scams as you can find. Think about it how the perpetrator could steal as much as S $ 2.2 million in a short period of time without found. What is the nature of the expenses incurred by the perpetrator? Relate it to theory the fraud triangle. 

Women stole $2.2 million and spent, spent, spent By Charmaine Chan A WOMAN who earned less than $1,000 a month stole more than $2.2 million from her employer over a two-year period and spent, spent, spent. Sales co-ordinator Jenny Lee Meow Sim, 33, bought shares for her husband, a 1.5 litre Nissan Sunny for herself, a house for a sister-in-law, and took her family on holidays to Malaysia, Taiwan, New Zealand, Bali and Phuket. In all, the stole $2,237,250 from NatSteel Chemicals Ltd. She claimed that she spent $1.7 million on 4-D lottery tickets, because she was hoping to win big and put back the money she stole before she was caught. Yesterday, Lee was jailed a total of four years for three criminal breach of trust charges while a fourth similar charge was taken into consideration. As an assistant in her company's Commercial Department, she took $1,065,000 over a year from Feb 1, 1991, and another $1,172,250 from Feb 1, 1992, to Feb 5 this year. Deputy Public Prosecutor Andy Wong said that Lee dipped into the funds when money was needed from the company safe. She would take more cash than was needed by a paying officer, hand over the required amount and pocket the rest. Then she would record the actual amount she had taken in the safe's Cash Balance Record so that the available cash amounts tallied when surprise checks were made. To avoid detection by external auditors, she altered entries in the General Ledger and Trial Balance Report by withholding pay orders and also generating false purchase reports and debit notes. She spent $33,580 on family holidays in different parts of Malaysia, and other countries. shares worth $136,600 in the name of her She also bought 30 lots of NatSteel husband, Mr. Yap Su Ming, and also spent name. $30,000 to set up a trading company in his Apart from the $68,000 car Lee bought herself, she spent over $42,000 on a terrace house in Pahang for a sister-in-law, $37,000 to pay for her stepfather's medical bills, $23,000 for his funeral, $6,500 on a tombstone for her husband's relatives, and a $9,111 piano for her daughter. She also lent friends $12,300, invested $50,000 in a fixed deposit; and gave $8,000 to her mother and stepsisters. Money was also used for household expenses. When she was arrested on Feb 10, police could recover the money and valuables worth only $468,279.70. She claimed that the rest-$1,768,970.30- went to 4-D betting. In mitigation, her lawyer P. Sivakumar, said that Lee knew she had to return the money she had taken and had hoped to strike it rich in the 4-D lottery. But the sums she won were not enough. He said that Lee came from a poor family and had studied up to Secondary 4. She committed her first misappropriation in March 1990 when she was an accounts assistant in another company. He added that Lee did not want her husband, whose business was struggling, and her three children to suffer from the vicious cycle of poverty that had affected her life. -The Sunday Times, March 21, 1993 (Singapore)