Fraudulent activity represented a nonconforming event in the corporate arena, which can be explicated via exploratory qualitative inquiry. The data for this exploratory qualitative inquiry provided qualitative representation of the experiences of fraud professionals located in an eastern regional county of North Carolina. The interviews with these professionals experienced in corporate fraud provided insights and identified new perceptions as to why corporate fraudulent activity occurs and aided in understanding methods of detecting and deterring it. Fraud theory and the money, ideology, coercion, and ego (MICE) model provided philosophical speculations as to why individuals commit fraudulent activity, as well as measures that can be taken to mitigate it. This study aided in providing theoretical support to the fraud triangle theory or the MICE model, as well as provided recommendations and methods to reduce or eliminate corporate fraudulent activity. |