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Unformatted text preview: Vices Other (spousal, perfect crime) W.R. Knechel Components of Fraud Triangle Rationalization -Hospital bills for children -Cant pay second mortgage or service credit card debt, dont want to lose house and uproot kids from school -Bonus, promotion, sales commission or raise didnt come through -Messy divorce and assets are tied up -Money invested in bar, running losses and need the money temporarily to keep business afloat (a loan) -Ethical code and internal control rules set by corporate leaders who flaunt rules...
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- Fall '08