6 the fraud trial in practice fraud embraces all the multifarious means that human ingenuity can devise for one person to gain an advantage over another by false suggestion or suppression of the truth no final invariable rule can be laid down in defining fraud according to blacks law dictionary the act of fraud includes. The association of certified fraud examiners acfe is the worlds premier provider of anti fraud training and education a leader in the global anti fraud community the acfe has over 31000 members sponsors more than 100 chapters worldwide and provides anti fraud educational materials to over 100 universities. The fraud triangle states that individuals are motivated to commit fraud when three elements come together 1 some kind of perceived pressure 2 some perceived opportunity 3 some way to rationalize the fraud as not being inconsistent with ones values