TROUGAO PREVARE - SLUČAJ BERNARD MADOFF
TRIANGLE FRAUD - THE CASE OF BERNARD MADOFF

Summary/Abstract: Fraud has different shapes, types and forms. Fraud involves profiting with help unauthorized actions, procedures and tricks, often involving theft of resource, information and use assets without permission. One of the first fraud models that found its place in literature and practice was a fraud+ triangle model. The fraud triangle is a framework designed to explain the reasoning behind a worker’s decision to commit workplace fraud. The three stages, categorized by the effect on the individual, can be summarized as pressure, opportunity and rationalization. This paper reviews the concept of fraud and fraud triangle, and explain fraud triangle on the case of Bernard Madoff.

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