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What is your plan for the investigation

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Question - Assume that you are on a team of forensic fraud investigators. You have been assigned to the following case:

For many years, XYZ Credit Union in central Wyoming provided financial support to many members of the West Lake community. The credit union issued loans and additional services that helped many in their community to fulfill their dreams; that is, until an internal auditor attempted to trace a sample of outstanding loans to a collection agency and found the names of at least 7 fictitious individuals and businesses. The employee immediately alerted the bank's board of directors that something suspicious was going on.

What is your plan for the investigation? Which analysis will you perform to determine the cause?

Reference no: EM131913525

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