The contention of this book is that major management fraud is primarily a zero-sum game: fraud against the organization, for the benefit of the individual (“I win, you lose”), with the largest single area of loss resulting from conflict-of-interest corruption. To start, we will examine the landscape and define the terminology.
Fraud encompasses an array of irregularities and illegal acts characterized by intentional deception. It can be perpetrated for the benefit of or to the detriment of the organization and by persons outside as well as inside the organization.


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