A model used by forensic investigators to determine why fraud is being committed. It consists of 3 elements: (1) Incentive, (2) Opportunity & (3) Rationalization. All 3 elements must be present for fraud to occur.

One of the elements of the fraud triangle. In the perspective of the perpetrator, it is the pressure or motivation for them to commit the fraud. This can be done through threatening / blackmailing, and can differ from situations.

One of the elements of the fraud triangle. It can be seen as a presence of an object, or something that the perpetrator can defraud or get their hands on. Opportunity usually presents itself due to the victim’s negligence, or lack of effort.

One of the elements of the fraud triangle, and the hardest to detect due to it being not observable. Usually happens within the heart and mind of the perpetrator, where they continuously convince themselves that the act that they are about to commit is right and justifiable.

When a person or entity misappropriates the assets entrusted to them. The embezzler usually attains the assets lawfully and has the right to possess them, but the assets are then used for unintended purposes.