What are common characteristics of fraudsters?

The characteristics of fraudsters often include a sense of entitlement and manipulation skills, making this answer particularly insightful. Fraudsters typically believe that they deserve certain privileges that they are not entitled to, which can lead them to justify unethical behavior to themselves. This mindset allows them to rationalize their actions, even when they are aware that they are violating ethical standards or laws.

Manipulation skills are crucial for fraudsters as they need to deceive others to carry out their schemes successfully. This can entail misrepresenting facts, forging documents, or creating a façade that conceals their intentions. By effectively manipulating their environment and the people within it, fraudsters can perpetrate their activities without immediate detection.

In contrast, strong ethical values and transparency, high levels of intelligence and accountability, and a commitment to corporate governance represent qualities that are typically found in ethical individuals and not in those who engage in fraudulent activities. These traits promote integrity and responsibility, which stand in stark opposition to the inherent traits of a fraudster. Understanding these characteristics helps in developing better preventive measures and detection strategies against fraud.