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FRAUD-PREVENTION5 MIN READ

Break the fraud triangle before chasing the fraudster

Use the fraud triangle to identify which fraud condition a control is meant to reduce.

The move: treat fraud as a condition to design against, not a person to guess at. Pressure Pressure is the reason someone may feel pushed toward fraud: a sales target, a cash shortfall, a vendor deadline, or a status threat. You cannot always remove it, but you can identify where it concentrates and monitor those points more carefully. Opportunity Opportunity is the opening that lets fraud happen and be hidden. This is the most actionable lever for most teams. If one person can request, approve, execute, and reconcile a transaction, the process is inviting misuse even if every person involved…

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