What elements of the fraud triangle were present in this case? Identify each of these elements and use specific examples of Rita Crundwell's actions to distinguish them.

1. Identify some of the red flags that were present in this fraud.
2. Who were the auditors for the City of Dixon during the period of time in which Rita Crundwell committed fraud? What role, if any, do you believe the auditors play in this fraud? Explain.
3. Do you believe that the Mayor and other city officials were partially responsible for the fraud? Why or why not?
4. What did you learn and how would this documentary help to prepare you to enter the workforce?

Answer rating: 100% (QA)

Answer The case of Rita Crundwell who embezzled over 53 million from the city of Dixon Illinois involves several elements of the fraud triangle as well as red flags that could have been indicative of ... View the full answer