Your friend john works for an insurance company who are the, Operation Management

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Your friend john works for an insurance company who are the

Your friend John works for an insurance company. Jogn holds a business degree and has been involved in the insurance business for many years. John shares some recent company gossip with you. He has heard that the internal auditors estimate the company has lost about $2,500,000 because of fraud in the last few years.

Give examples of three types of fraud that could affect the insurance comapny. Who are the victims and who are the perpetrators?

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