Example of fraud that might occur at a bank

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A local bank reported that it lost $150,000 as the result of employee fraud. Doug Steeber is not clear on what is meant by "employee fraud." Explain the meaning of fraud to Doug and give an example of fraud that might occur at a bank.

Reference no: EM13759822

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Example of fraud that might occur at a bank : A local bank reported that it lost $150,000 as the result of employee fraud. Doug Steeber is not clear on what is meant by "employee fraud." Explain the meaning of fraud to Doug and give an example of fraud that might occur at a bank.

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