Fraud Considerations for Nonprofits: Part 3 – The Fraud Triangle

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You may have heard the term “fraud triangle” bandied about in various articles, but what does it really mean? In parts one and two of our nonprofit fraud blog series, we talked about the prevalence of fraud and various schemes, but it’s important to look at the underlying mechanics of fraud before discussing how to address potential problems.

Black’s Law Dictionary defines fraud as consisting of “some deceitful practice or willful device, resorted …read more

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