Fraud Case
Miller fit in the profile of the average fraud perpetrator because he did some of the following: “gains the trust or confidence of the entity being defrauded; uses trickery, conning, or false or misleading information to commit fraud; conceals the fraud by falsifying records or other information; sees how easy it is to get extra money, need or greed impels the person to continue” () I really don’t think that he differs from the characteristics that perpetrator do, since he did more than one characteristics of what perpetrator do. So by reading this characteristic was easy to detect him as a perpetrator, because of his actions done.
Commit fraud: “Most instances of fraudulent financial reporting make them overstatement the assets or revenues, and understatement their liabilities, or even fail to record information.” Conceal the fraud: “to prevent detection for the assets that were stolen or overstated, the perpetrator keep the accounting equation in balance by inflating their assets or either decreasing their liabilities or equity.” Convert the theft or misrepresentation to personal gain: “the perpetrator that do not steal the cash or use the stolen assets personally used to them to spendable forms.” Miller overstatement their company accounting book, (commit the fraud); he also like I said overstatement their accounting equation in their book, (conceal the fraud); he also used the money for his personal use (convert the theft or misrepresentation to personal gain) he used the money he stole to buy him stuffs like for example he bought a new house, car, a vacation home, and extravagant wardrobe, and he even destroyed his evidence of his fraud