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good afternoon welcome to this video in which were going to look at various types of fraudulent schemes in which employees miss appropriate assets in some cases theyre outright stealing of assets in some cases they just abuse of assets but in either case its the employer that is denied the use of their ass at the axis of their asset so lets take a look at some of the very some of the schemes and what an employer can do to prevent this from happening so the major categories of fraud are hazardous misappropriation corruption and abuse this is when the assets themselves are directly not stolen but the companys name in reputation is at stake by making use of some of the advantages and individual has because of being affiliated with or having access to something within the company theres financial statement fraud now and other types of frauds of course these are the topics three topics will be discussed in subsequent chapters so when we talk about asset misappropriation we are lookin