Property crimes, Crimes, Deception

The fraud tree can be described as asset misappropriation schemes that are used by employees to target the assets of a company. The two major asset types included in the fraud tree are cash and inventory. Nearly 90 of the frauds occurring in the corporate world are associated with the cash account of the company (Wells, 2001). The major types of cash misappropriation schemes are larceny, fraudulent disbursements and skimming. In term of inventory and assets frauds the most commonly used schemes are misuse and larceny.