Explain why an understanding of fraud by ordinary citizens is important

Explain why an understanding of fraud by ordinary citizens is important

Discussion Question 2: Describe how fraud affects individuals, consumers, organizations, and society. Explain why an understanding of fraud by ordinary citizens is important.

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Fraud has many effects on individuals, consumers, organizations and society.  On an individual, it has its effects exerted spiritually and emotionally. The acts of swindling or lying to other people for personal gain takes a toll on a person and the feelings of guilt start to creep in…