Fraud is a widespread yet often misunderstood topic that ensnares many businesses and businesspeople, partly due to ignorance about it. Fraud involves intentional deception to deprive others of something of value to enrich another person or organization. Employees need an understanding of how to recognize and prevent fraud, whether it occurs within or by their organization, or against it. This course covers two types of business fraud: a) occupational fraud, or fraud against one’s employer, and b) general business fraud, or fraud conducted by or against a business, its customers, suppliers, or another outside party.