OK - let's look at the second side of the fraud triangle - the chance to commit fraud. This falls into one of two categories:
1. An active chance to commit fraud
2. A passive chance to commit fraud
An active chance to commit fraud is when the fraudster is actively looking for the opportunity. This is the case with con men, grifters, hustlers, phony stock traders, etc.
The passive chance to commit fraud is when the fraudster has the opportunity. The best example of this is when the fraudster suddenly finds that an opportunity is open to him through little or no action on his own. An example would be an accountant in a small business who discovers that because he is responsible for the finance reports and has no oversight, he can steal money and cover up his tracks.
1. An active chance to commit fraud
2. A passive chance to commit fraud
An active chance to commit fraud is when the fraudster is actively looking for the opportunity. This is the case with con men, grifters, hustlers, phony stock traders, etc.
The passive chance to commit fraud is when the fraudster has the opportunity. The best example of this is when the fraudster suddenly finds that an opportunity is open to him through little or no action on his own. An example would be an accountant in a small business who discovers that because he is responsible for the finance reports and has no oversight, he can steal money and cover up his tracks.
NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR
IS IT INTENDED TO BE LEGAL ADVICE. IF
THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.
----------à>>>>>>>>>>>>>>>gene
tausk
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