Glossary/Control Fraud/TableSummary: Difference between revisions

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(Created page with "{{GlossaryEntryTable |term1=Control Fraud |definition1=When people who control (i.e. the CEO) a seemingly legitimate entity use it as a weapon to defraud. |example1=The S&L crisis was perpetuated by an epidemic of control fraud, whereby CEOs defeated and suborned internal and external controls to fraudulently report record profits and increase their personal wealth. |references1=William K. Black, The Best Way to Rob a Bank is to Own One, 2005. }}")
 
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{{GlossaryEntryTable
 
|term1=[[Glossary/Control Fraud|Control Fraud]]
|definition1=When people who control (i.e. the CEO) a seemingly legitimate entity use it as a weapon to defraud.
|example1=The S&L crisis was perpetuated by an epidemic of control fraud, whereby CEOs defeated and suborned internal and external controls to fraudulently report record profits and increase their personal wealth.
|references1=William K. Black, The Best Way to Rob a Bank is to Own One, 2005.
}}

Latest revision as of 03:20, 6 August 2024