How people rationalize fraud - Kelly Richmond Pope

The three indices of the fraud triangle are pressure, opportunity and _____.

• Critical thinking

• Rationalization

• Justification

• Validation

Fraud is a $_____ problem.

• 2.5 billion

• 3.7 trillion

• 100 billion

• 10 trillion

Parmalat falsified financial statements to hide losses from their subsidiaries.

• True

• False

Rita Crundwell embezzled $______ from the City of Dixon.

• 40 million

• 5 million

• 10 million

• 53 million

Sometimes the effects of fraud are not obvious and are hard to untangle.

• True

• False

Discuss how fraudulently making higher insurance claims or falsifying time sheets could be harmful to you or your community.