Question

After watching the film Rogue Trader use the fraud triangle to analyze Nick Leeson’s fraudulent acts....

After watching the film Rogue Trader use the fraud triangle to analyze Nick Leeson’s fraudulent acts. Put this in a chart and describe the acts. What was the pressure? Opportunity? Rationalization?

Pressure Opportunity Rationalization

Homework Answers

Answer #1
pressure opportunity rationalization
nick leeson ;is committed the fraud because of the presure on gambling debt.it was motivated by financial pressure from gambling.he is motivated by to cover up poor performance an opportunity to commit the act must be present.the opportunity is that he has the whole power on the organization.management do not have any control in the Leeson's activities. Nick leeson done the doubling strategy. on rationalization for doubling strategy is that it is the way to exploit market inefficiencies,where large volume of trading influence the market price
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