Fighting Fraud

Fraud Cases and Analyses — Learning by Example 137

would set their minds to honest pursuits! Never underestimate the poten-

tial for some employees or others to commit fraudulent acts based on their

positions or perceived level of intelligence.

Identity theft: Usually, a scam involves the theft and use of someone’s credit

card information. In more serious cases, a victim’s entire identity is absconded

with, and the criminal gets new credit cards and loans in the victim’s name.

Obviously, this can be a nightmare for the unwitting person who must deal

with credit issuers and reporting agencies. . . . victims fi nd themselves “in

the position ...