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FRAUD - Coggle Diagram

- - - - Typically, businesspeople who commit fraud. White-collar criminals usually resort to trickery or cunning, and their crimes usually involve a violation of trust or confidence.
    - - Dishonest conduct by those in power which often involves actions that are illegitimate, immortal or incompitable with ethical standards.
    - - Misrepresenting or leaving out facts in order to promote an investment that promises fantastic profits with a little or no risk.
- - - - Pressures
        
        A person's incentive or motivation for committing fraud
      - Opportunities
        
        The condition or situation that allows a person or organization to commit and conceal a dishonest act and convert it to personal gain
        
        Commit the fraud
        
        Conceal the fraud
        
        Lapping
        
        Concealing the theft of cash by means of series of delays in posting collection to accounts receivable
        
        Check kiting
        
        Creating cash using the lag between the time a check is deposited and the time it clears the bank
        
        Convert the theft or misrepresentation to personal gain
      - Rationalizations
        
        The excuse that fraud perpetrators use to justify their illegal behavior