The “Fraud Triangle” Explained Simply™

Mario Bojilov
4 min readJul 2, 2018

The fraud triangle is a concept explaining the drivers behind fraud. It consists of the following elements: opportunity, motivation, rationalisation.

Let’s use a simple example to put these into context.

Imagine that you own a very successful coffee shop located on a University campus. Since the business has grown dramatically in the last year, you realize you need some…

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Mario Bojilov

Mentor & Adviser: Digital Skills for Non-tech Professionals-Digital Risk and Transformation, Artificial Intelligence, Big Data, Data Science, Data Analysis