Fraud Stories: September 2024 examines the Fatburger loan scam, revealing how executives can exploit corporate structures to disguise compensation and evade taxes through fraudulent loan arrangements. Participants will explore how shareholder loans were misused, internal controls were bypassed, and financial statements were manipulated to conceal millions in personal distributions. Through this case study, the course highlights key red flags, governance failures, and audit challenges, providing practical insights into detecting loan-related fraud, evaluating related-party transactions, and strengthening oversight in complex organizational structures.