Discussion:
Read the article "An Unholy Trinity: Three Ways Employees Embezzle Cash."
In a paper, answer the following questions for each case:
What schemes were committed by each fraudster?
Albert Miano
Bill Guardo
Brian Lee
Bruce Livingstone
Cheryl Brown
How was the scheme perpetrated?
Identify the red flags in the case.
How could the fraud have been prevented? Identify one internal control that should have been in place and working.
Relate the Fraud Triangle to the case.