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Fraud scheme that internal controls, due to inherent limita

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Explain the details of a fraud scheme that internal controls, due to inherent limitations, cannot impede.

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A fraud scheme that internal controls cannot impede is the stealing of personal data on employees and clients. Such data is available to many levels in the financial institute structure due to verification of account requirements. Some financial institutions ...

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A fraud scheme that internal controls cannot impede is the stealing of personal data on employees and clients. Such data is available to many levels in the financial institute structure due to verification of account requirements. Some financial institutions outsource services which require confirmation of ...

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