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Fraud Triangle Case Study: Barings Bank & Nick Leeson Fraud TriangleCase Study: Barings Bank & Nick LeesonPressure:In 1995, Barings Bank was bankrupt due to Nick Leeson, a 28-year-old staff,whowas a general manager of a new operation in futures markets on the SingaporeInternational Monetary Exchange (SIME). The fuse of collapse was Nick Leeson gambled future trading ashe needed.