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List and describe the benefits of fraud detection as well as explore the possible obstacles and issues of fraud detection

Question 3:

A) (i.) List and describe the benefits of fraud detection as well as explore the possible obstacles and issues of fraud detection. Include the different approaches of fraud detection in your answer.

(ii.) List the main types of fraud discussed in the case study, and describe the methodologies that are currently used and being developed to detect them.

B) Describe some of the issues found with data collection and provide methods of controlling them using the three views.

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