How could such embezzlement go undetected in annual audits by two independent accounting firms and in annual audit reviews by state regulators? How was this fraud continued for so many years? What red flags did the City and auditors miss? 5. How did residents not become suspicious of Crundwell’s extravagant wealth and frivolous spending?
Answer the following questions. Your answer should be at least 3 sentences. Questions: 1. Describe the fraud scheme committed by Rita Crundwell, including how she concealed the fraud. 2. How did Rita Crundwell steal over $37,000 each day from a town with an annual budget of around $6 million? 3. How could this fraud have […]