According to Olesky (2000 , there are four stages of fraud
control . These include prevention as the first , followed by detection ,
investigation , and punishment as the fourth stage . Among these four ,
prevention is probably the most effective way to lessen the incidence of
fraud .
Fraud prevention plans must contain the basics that will be effective
in particular circumstances . These include general procedures like
alertness and awareness of every individual , up-to-date review of the
operations being done by the organization regarding risks...






