Richard Riley, Ph.D., CFE

'Meta-model of fraud'

• July 1, 2018

The Fraud Triangle is tried and true, but we might need more to understand our cases. The authors describe a “meta-model of fraud” that combines the “why-based” Fraud Triangle with the “what-based” Triangle of Fraud Action to better explain fraud cases. We might never know exactly why fraudsters commit crimes, but we can always gather facts and evidence to help prevent and deter fraud.

Written By: Scott Fleming, Ph.D., CPA, CMA, Jonathan T. Marks, CFE, CFF, CPA, Richard Riley, Ph.D., CFE

• • Accounting and Auditing
  • Fraud Prevention and Deterrence