ABSTRACT
There are two primary ways of illegally taking assets from an individual. The Ponzi scheme is a good example of fraud because it illustrates its deceptive nature. A person with substantial pressure may work to create opportunities despite a strong control environment or may develop elaborate rationalizations in the face of a longstanding person ethic. Perceived opportunities are an individual's belief in the ability to commit fraud. The fraud triangle is useful in understanding how individuals become involved in fraud, but many frauds are often committed in groups. Fraud and corruption have always been problems in societies. Recent developments in technology, the rapidly shrinking world, the convergence of cultures, and the complexity of today's businesses have provided new opportunities for fraudsters. The second level of the Ethics Development Model (EDM) involves translating one's ethical understanding to professional employment activities. The availability of information on the Internet and the wealth of training available all play to the examiner's advantage.
