Fraud investigations require expertise to identify and prevent fraudulent activity. The fundamentals of fraud investigation involve conducting a thorough forensic audit, comprehensive review of court documents, analysis of econometric models, inspecting financial records, and evaluating the conduct of individuals engaged in the case. Furthermore, interviewing witnesses and obtaining expert testimony are integral steps in uncovering …
Introduction to Fraud Theory Approach Fraud theory approach is a type of investigative strategy used by fraud examiners to uncover potential cases of criminal fraud. Fraudsters have become more sophisticated in their methods and financial crimes have increased, making it essential for fraud investigators to use advanced strategies that can quickly find the truth. Fraud …
The Britannica Dictionary defines the word “fraud” as “the crime of using dishonest methods to take something valuable from another person.” In general, it is very important to be aware of and understand the difference between fraud and error or mistake. In fact, fraud means the intentional action followed by the efforts to conceal the …
