Textbook Problem

Consider each of the following situations. Is there a potential problem? Which part of the fraud triangle is involved, if any?

1. A.    Susan is an accounts payable clerk. She sets up creditors in a financial database and pays invoices as they come in. Last year, she won employee of the year and is a valued employee. Through the grapevine, Susan’s boss just learned that Susan’s brother has a gambling problem.
2. B.     Now suppose that Susan from situation A is now secretary for the head of the marketing department. She keeps track of the vice president of marketing’s schedule and handles the correspondence.
3. C.     Keith has been employed for 6 months as a teller at a community bank. All is going well and his cash drawer has had shortages only twice (of less than $10). The shortages were traced and the problems corrected.
4. D.    At the company Memorial Day picnic and golf outing last week, Nancy notice that June moved her ball to a better lie when she thought no one was looking. There were no prizes for a low score, and June did not benefit from the lower score that resulted.