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"plaintext": "When I went to business school, we talked about the Fraud triangle several times — at very least in my Ethics class and my Processes and Controls class."
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"plaintext": "Put simply, fraud doesn't happen without all three ingredients:"
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"plaintext": "Motivation, or some kind of pressure to perform the fraud. It could be greed; it could be a genuine need to put food on the table."
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"plaintext": "Opportunity, both the capability to commit the fraud and being at the right time and place to see that you could do a fraud."
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"plaintext": "Rationalization, by being able to say why the fraud would actually be a good thing; getting back at a crappy company, helping yourself (motivation plays into this again), addressing apparent unfairness or injustice, or saying that it doesn't really hurt the victim because they have so much more money."
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"plaintext": "Most of the annoying stuff we have now to prevent fraud targets \"Opportunity\", but that's a moving target with more opportunities appearing all the time. As they say, \"there's a sucker born every minute.\""
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"plaintext": "Which makes me wonder what could be done to improve the Motivation or Rationalization corners? "
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