Briefly summarize the case, including what happened, who was

Briefly summarize the case, including what happened, who was involved, and what damages were incurred.Note how the fraud was detected and discuss any red flags that appeared prior to detection.Could an accounting and finance system have helped deter this fraud? If yes, how? If no, why not?Are there any specific business policies and procedures thatcould have been in place that would have prevented the fraud fromoccurring? Explain.Embed course material concepts, principles, and theories, which require supporting citations along with at least two scholarly peer reviewed references supporting your answer.Keep in mind that these scholarly references can be found in the SaudiDigital Library by conducting an advanced search specific to scholarlyreferences. Chapter 9: Functional Business Systems in Information Technology for Management: On-Demand Strategies for Performance, Growth, and SustainabilityAslam, B., & Karjaluoto, H. (2017). Digital advertising around paid spaces, E-advertising industry’s revenue engine: A review and research agenda. Telematics and Informatics, 34(8), 1650-1662.Gunarathne, P., Rui, H., & Seidmann, A. (2018). When social media delivers customer service: Differential customer treatment in the airline industry. MIS Quarterly, 42(2), 489-A10.