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 |
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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