Black posits in the control fraud theory that when control over an organization is
realized, that organization becomes a "weapon" for perpetrating fraud and theft,
thus never becoming a victim of such crime itself.

Question

Quizplus · Accepted Answer

Control fraud theory, as posited by William K. Black, indeed suggests that when individuals in control of a company or organization use it as a "weapon" to commit fraud, but it does not imply that the organization cannot become a victim of such crimes. In fact, the organization is often portrayed as a victim because its resources are being misused by those in control for personal gain.

Black Posits in the Control Fraud Theory That When Control