The fall of Enron, WorldCom and recent fraud scandal of Toshiba and Wells Fargo scams has shaken public confidence toward corporation. In Malaysia, similar cases take place in local corporations such as PKFS, Perwaja steel and fraud scandal in Bank Rakyat which received public crowd attention. It is seen that there is no endless end for fraud issues. Corporate fraud and misconducts remains a constant risk that posing serious threat to the corporation and the country as a whole. The globalization scenario and advancement of commerce and technology has witnessed a series of fraud occurrence with various methods and techniques such as creative accounting and fake bank accounts. Corporate fraud are getting more sophisticated dua to the innovative ways, well-planned and intelligent of perpetrator raising the complexity of fraud activities to hide their action. MARA was chosen as field of study due to the contribution plays by this organization towards the development of Malay and Bumiputra. The organization owns many subsidiary ranging from education institution, public transport, investment body and incoming first rural bank managed by MARA known as Bank Luar Bander Malaysia (BLBM) or Rural Bank of Malaysia (RBM). Perhaps, MARA can be addressed as the biggest trustee organization in Malaysia. This research aims to study the perceived factors that influence employee to commit corporate fraud. The factors are derived from “Fraud Triangle Framework” proposed by Cressey in 1953. Cressey categorized the fraud into three namely; pressure/incentive, opportunity and attitude/rationalization. The model are widely recognized by professional bodies such as Association of Certified Fraud Examiners (ACFE), Auditing Standard Bords (ASB) and International Auditing and Assurance Standard Board (IAASB). The input from various stsdies and academic expert consistently showed that fraud occurrence consistent with this model. The findings from 177 respondent of MARA reveals that opportunity has strong influence to trigger them to commit fraud activity. However, the findings show that all three needed for fraud action to take place.
