What additional or meaningful response do you have on thisstudent's paragraph below about characteristics of a person likelyto perpetrate a large fraud, debated his decision over person withthese characteristics, and gave reasons why a person is likely tobe a fraud perpetrator than person with different characteristics?This is based on Chapter 14 in the textbook called "FraudExamination" by Steve Albrecht.
Characteristics of person to commit fraud is someone in highposition of responsibility, which is costly and cause damage. Fraudperpetrator has no prior fraud charges/convictions. Offender isbetween age of 31-45, and is male than female. Executive-levelfrauds take longer to detect, undetected longer, could grow andlarge scale fraud. More than 80 percent of frauds committed byindividuals in accounting, operations, sales, executive/uppermanagement, customer service or purchasing. Fraudsters displaywarning signs they engage in illicit activity, single most commonbehavioral red flags shown by perpetrators is living beyond theirmeans. Management that drive nice cars, have boats, big houses andvacation a lot are under the scope for investigation. Anyone goingthrough divorce, death in the family or major event that take placeare likely to commit fraud as well.