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E5-6 Internal controls An employee of a trucking company was responsible for resolving roadway accident...

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E5-6 Internal controls An employee of a trucking company was responsible for resolving roadway accident claims under $25,000. The employee created fake accident claims and wrote settlement checks of between $5,000 and $25,000 to friends or acquaintances acting as phony "victims. One friend recruited subordinates at his place of work to cash some of the checks. Beyond this, the employee also recruited lawyers, who he paid to represent both the trucking company the checks, they allegedly split the money with the corrupt employee. This fraud w undetected for two years. and the fake victims in the bogus accident settlements. When the lawyers cashe ent Why would it take so long to discover such a fraud

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