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https://youtu.be/EDjFX6AhwgQ Watch the video and write a comprehensive summary of the videos using the Fraud Triangle

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https://youtu.be/EDjFX6AhwgQ

Watch the video and write a comprehensive summary of the videos using the Fraud Triangle

Answered Same DayNov 03, 2019

Solution

David answered on Dec 27 2019
97 Votes
Running Head: RITA CRUNDWELL AND THE FRAUD TRIANGLE         
Name of the student
Name of the course
Name of the university
Name of the instructo
The fraud triangle: A case of Rita Crundwell
A framework made to explain the concept behind a staff member nod to do a fraud at the workplace is called the fraud triangle. It depicts high-risk fraud and involves three stages as mentioned below:-
1. Pressure - Emotional or financial pressure pushing towards fraud
2. Rationalization - Personal ideas which justify dishonest behavio
3. Opportunity - Potential to complete the plan without being caught
Rita Crundwell who was born on January 10, 1953, and was working from 1983 to 2012 as the treasure and comptroller of Dixon, Illinois is a perfect example of fraud triangle. As per the authority, Rita Crundwell conducted and accepted the largest fraud in the history of America over her 22 years of service she steals $53.7 million in order to assist her championship Quarter Horse
eeding operation. She was fired in April...
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