A former chief information officer of the Council of Ontario Universities (COU) was accused of embezzling $600,000 from the organization. She is alleged to have arranged the payment of funds for invoices for services never produced and which instead were allegedly siphoned off by her. In addition, her chief academic credentials-a Canadian university degree and a Ph.D. from the United States-were found to be bogus. The fraud was not discovered until after her departure from COU when an audit was launched due to irregularities noticed by her successor at COU.
How could she have embezzled the funds from COU? Give your opinion on how COU might have prevented the fraud, and the actions taken when irregularities were discovered.