Using MIS (10th Edition)
Using MIS (10th Edition)
10th Edition
ISBN: 9780134606996
Author: David M. Kroenke, Randall J. Boyle
Publisher: PEARSON
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Chapter 7.8, Problem 2SGDQ

Explanation of Solution

White Collar Crime:

It is an economically motivated non-violent crime which is done by business professionals or government professionals. White collar crime includes money laundering, forgery, copyright infringement, etc. Some of the cases of white collar crimes are:

  • Enron
  • HealthSouth
  • Wells Fargo
  • WorldCom
  • Bernard Madoff

Fraud Triangle:

Most of the fraudulent cases occurs when opportunity, rationalization and financial pressure exists...

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