Fighting Fraud

6

Where There Is a Will There Is a

Way — Fraud Schemes

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INTRODUCTION

In discussing fraud schemes, we are also covering their history because

these schemes have already been tried — usually more than once and often

successfully. By understanding fraud schemes of the past, we can learn

from them and develop an anti-fraud program that will identify controls

and provide better defenses to protect corporate assets.

When developing a corporate anti-fraud program, we must also project

these same schemes into the future and look at future technology, business

changes, and environmental changes to determine whether such fraud

schemes will be eliminated ...