Forensic accounting: Perpetrators of fraud / Hari Ramulu Munusamy

Fraud can be perpetrated by an individual, two or more
individuals, or by many groups or 'separate entities'.
Most fraud cases are not reported due to risk of
embarrassment and resulting reduction in the level of
customer or shareholder confidence. Reported fraud cases
(a majority of the worst kind) are committed by a
company's own employees or managers.