SINGLE SPACE APA FORMAT NO MORE THAN ONE PAGE!You are asked to develop or draft a case describing a type of fraud consistent with one ofthe many types of fraud wediscussed during the class (such as larceny, asset misappropriation, or cash skimming, among others). To clarify, you are making up the details of a case of the type you select for this assignment.You are not searching for an actual case from published literature. This is a little unusual, but if you understand the typical aspects of the type fraud you choose for this assignment, you will build a scenario that relates well to the fraud case analysis. You will not run into the problem often noted with real cases where some aspect of a case is not disclosed in an article.The case discussion in your Report should include at a minimum the setting where the fraud occurred, description of the individuals involved in the fraud, and how those individuals covered their fraud from immediate disclosure.It would also be good to discuss how the perpetrator in the fraud you discuss was able to circumvent the controls within the organizational setting you describe. Typically, this will involve two to three paragraphs, but no more than one page.Remember, this is not a real case and should be developed considering the type of fraud you selected and the typical issues involved with such cases.The case should be written up in prose, rather than as a bullet list. Logical presentation of the case will be an important consideration. This Report should be posted to the Case Presentation Assignment folder.For the current events Reports, where you discuss a case and analyze it, you were asked to discuss deterrence measures. For this Case Presentation, that is not necessary. You are simply explaining the details about the case. This is, you might say, the background for the second and third phases of this assignment.