Page 13 - Fake Ruby Teaching guide

sector requiring financial support. Moreover, the impact of

the fraud rebounded on the Tamar Group. Looking at the

comparison of shareholder funds shows how the Tamar
position has been affected by the introduction of the Gem

of Tanzania into Wrekin’s accounts. The parent company
Tamar, carries the responsibility for the asset. What is a fraud in one
set of accounts is also a fiction in the other

Selling assets, an activity often associated with venture

capitalists, became difficult so pressure built to extract
value from Wrekin by any means e.g. the Sham Payments