Who Is the Typical Fraudster?

Who Is the Typical Fraudster?

We have seen fraud at every level – from the management company receptionist to the general manager who reports to the CEO of the management company; from the Association’s volunteer treasurer to the onsite employee. There are opportunities for fraud with absolutely every position within your organization and within the Association’s sphere of influence.

One study on white-collar criminals found out the following about the fraudsters:

Think about it…if the person looks and acts like a criminal are you going to trust your money and assets to them???? I don’t think so!

With every embezzler that we have met over the last 25+ years (and it is probably close to 25 or more fraudsters), with very few exceptions, they have been personable and well-liked by those around them. In addition to the above list, those fraudsters in the community association industry that we have met most have the following additional qualities: