(Cross-posted from my other blog, Attestation Update.)
“Tragedy of Fraud – The Ripple Effects from Fraud and the Wages Earned” describes the tragic consequences from fraud.
There are ripple effects that spread out to harm innocent bystanders. The perpetrator draws a wide range of well-deserved wages that will be paid in full.
The book looks at two fraud incidents to learn what happens after a fraud is discovered. One took place in a local megachurch and the other in the mayor’s office of a small city.
The book closes with a discussion of the fraud triangle. That’s the idea that three components need to be present for a fraud to take place – opportunity, motivation, and rationalization. There are steps an organization can take to reduce those factors.
You can find the book at Amazon here.
This book is a compilation of blogs posts that have been previously published at Nonprofit Update and Attestation Update. The posts have been edited slightly and reorganized for easier reading.
Major sections of the book:
- Tragedy of Fraud – The Ripple Effects from the Embezzlement Fraud in a Local Church.
- Wages of Fraud – Consequences from the Corruption Fraud in a Mayor’s Office.
- Why is it Difficult to Find Fraud? – The lack of documentation inside an organization makes it even more difficult to identify a fraud scheme.
- The Fraud Triangle – A discussion of the three sides of a fraud triangle. Great danger is in play when motivation, opportunity, and rationalization are all present.
I will publish this book in electronic format only. Won’t be going with a paperback for this one. At the moment it will only be available in Kindle format. If there is sufficient demand, I’ll make it available for the Nook and on Smashwords.
I’m pleased to announce this is my fourth published book.
The other book I have available at Amazon is Once Upon Internal Control.