Question

32. Why might the fraud theory used in court differ from the fraud theory developed and used by the fraud investigator? 33. Why is a fraud theory an essential part of a fraud investigation? 34. What are the primary sources of evidence in a fraud investigation? 35. Is a verbal confession by a suspect part of the evidence of a fraud case? Explain. 36. At what point in the investigation process is it important to develop a fraud theory?

Answer 1

32.

A fraud theory acts as a base for carrying on an investigation. It gives an idea as to how an investigation can be carried out. If suppose the lawyer has more evidence in addition to what has been expected and if such extra evidences that he has collected suggests a different idea from Fraud theory, then the fraud theory could differ in court.

33.

Fraud theory acts as a integral part in the process of collecting evidences. Hence without a fraud theory, carrying on an investigation would be like carrying on a enquiry without any guidelines.

34. Primary sources of evidence could be the documents belonging to the case, any other physical evidences, carrying on interviews an observations.

35. Verbal confession is where the suspect appears in the Courts and gives his evidence verbally. It is a integral part of evidence and it is a must that the suspect gives his evidence.

36. Fraud theory is the first step in the process of carrying on an investigation as it acts as a base. It has to be started immediately after engagement process as and when the evidence is collected.