
Monday Jun 26, 2023
Forget Bermuda - Welcome to the Fraud Triangle
Developed in 1951 by criminology researcher Donald Cressey.
Cressey concluded that all the cases he studied conformed to the same three-step process, which makes up the three sides of the Fraud Triangle:
- Pressure
- An opportunity to violate trust.
- The rationalisation that defines the behaviour as appropriate for the specific situation.
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