The Fraud Triangle, Corruption and the COVID-19 Crisis

One of many unfortunate effects of the current COVID‑19 crisis is that it will lead to an increase in instances of fraud and corruption. Criminologists frequently reference “the Fraud Triangle” when describing the conditions generally necessary for fraud to occur, namely, 1) pressure to commit fraud, 2) rationalization by the fraudster justifying the decision to commit the fraud and 3) opportunity to commit the fraud. In a guest article, Morgan Heavener, a partner at Accuracy based in Paris, explains how the COVID-19 crisis is increasing the likelihood of all three factors in corporate workplaces and suggests three key strategies companies and governments can take to mitigate their fraud triangle risks. See “COVID-19 Economic Relief Packages Bring Fraud Risks” (Apr. 1, 2020).

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