Share
Explore BrainMass

Fraud scheme that internal controls, due to inherent limita

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

Thanks!

Solution Preview

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 ...

Solution Summary

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 ...

$2.19