: Case Study #1

: Case Study #1 Order Description Case Study #1 You will be analyzing the fraud case involving Rita Crundwell, former Illinois comptroller. Using the link below, please begin to research the alleged fraud committed by Rita Crundwell. https://wqad.com/2012/05/01/new-indictment-dixon-comptroller-fraud-amounts-to-53-million/ Please perform additional research on this fraud case to answer all questions below: 1. What type of fraud was this? Explain. 2. How did the fraud work? 3. Evaluate this fraud case in terms of the fraud triangle. 4. Discuss each of the three components of the fraud triangle relating to the fraud case. What deception techniques were used by the fraudster to cover up the fraud? 5. What were the risk factors and red flags? 6. How was the fraud detected? 7. How could IDEA have detected the fraud?