abstract:Armchair detective is a term used for a fictional investigator who does not personally visit a crime scene or interview witnesses; instead, he or she either reads the story of the crime in a newspaper, or has it recounted to him by another person. As the armchair detective never sees any of the investigation, the reader can attempt to solve the mystery on the same terms as the detective.
Now, it seems to me that if I, as an armchair financial detective, can see that a fraud has been committed, then the ones that perpetrated the fraud had to know that what they were doing was a fraud.