Question
Using the link below, please begin to research the fraud committed by Rita Crundwell. http://wqad.com/2012/05/01/new-indictment-dixon-comptroller-fraud-amounts-to-53-million/ Please perform additional research on this fraud case to answer
Using the link below, please begin to research the fraud committed by Rita Crundwell.
http://wqad.com/2012/05/01/new-indictment-dixon-comptroller-fraud-amounts-to-53-million/
Please perform additional research on this fraud case to answer the following questions:
What type of fraud was this? Explain.
How did the fraud work?
Evaluate this fraud case in terms of the fraud triangle.Discuss each of the three components of the fraud triangle relating to the fraud case.
What were the control weaknesses which allowed the fraud to occur?
What deception techniques were used by the fraudster to cover up the fraud?
What were the risk factors and red flags?
How was the fraud detected?
How could data technology (data analysis software) have detected the fraud?
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