Read the article an unholy trinity three ways employees


Question: Read the article "An Unholy Trinity: Three Ways Employees Embezzle Cash." In a paper, answer the following questions for each case:

1. What schemes were committed by each fraudster?

• Albert Miano

• Bill Guardo

• Brian Lee

• Bruce Livingstone

• Cheryl Brown

2. How was the scheme perpetrated?

3. Identify the red flags in the case.

4. How could the fraud have been prevented? Identify one internal control that should have been in place and working.

5. Relate the Fraud Triangle to the case.

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Accounting Basics: Read the article an unholy trinity three ways employees
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