Answer the following question after reading the case about Information Systems Audit and Control:

(a) What is the fraud scheme presented?

(b) What activities facilitated the commission of the fraud? (company errors)

(c) What controls can be implemented in a company to prevent this type of fraud from occurring?

(d) How were the parameters of the CIA triangle affected?

Fraud Case :

This fugitive name Muiz Vzquez was charged in absentia with 3 counts of fraud,3 of aggravated illegal appropriation, 3 for transfer of false documents, and 8 identity theft charges. Behind his elegant deed, his managerial position and conduct a scammer hides, investigated for a fraud scheme that caused losses of more than $2 million to the financial institution where he worked.She was placed on $1.7 million bail.According to agent Jos Grajales, of the Property Division of the Investigation Corps Criminals (CIC) of the Police in Aguadilla, Muiz Vzquez is one of nine people who participated in the fraud and is the only one of the group who has not been able to be arrested, so citizen cooperation is urgently needed to find his whereabouts. "In this fraud scheme there are many victims, injured employees. She used her experience in the cooperative to commit that crime", explained agent Grajales. The police investigation said she committed the crime of fraud by almost one. decade, from 2003 to 2012. The woman began to work in this cooperative in 1999 as receptionist, until occupying in 2001 the position of Loan Manager Mortgages, where he was in charge of the control of the loans. "She earned the trust, the sympathy of the president, of the board of directors of the cooperative and in 2001 they promoted it to attend to mortgage cases and personal loans". The woman Muiz Vzquez, appropriated $925,550 in 11 loans fraudulent between mortgages and personal to benefit relatives and took documents from other customers of the cooperative, altered and falsified them with the personal information of their family and friends so they could qualify and receive the loans. Among those documents, they found papers with forged law firms and leases falsifications indicating that those persons close to the accused had property leased for which they received income. The police investigation found false appraisals and addresses, false income reports, among other fatulous documents. Also, affidavits were found from other clients who The defendant stole from a lawyer's computer. After uncovering the scheme, Muiz Vzquez she was dismissed from the cooperative. In February 2014 those involved in the fraud - that is, the relatives, friends and neighbors of Muiz Vzquez-, were arrested and charges were filed, but the accused has not yet appeared.