This is due to the different analyzes they offer and the lessons that fraudsters should learn and know how others should think of them about their different behaviors. Additionally, all three theories created a positive attitude towards each other, which helped reduce the crime rate. Social psychology theory is one of the most notable theories that mainly accounts for fraud. The theory can help predict and prevent crime because it symbolizes how we should interact with each other (Cole and Smith, 2011). The problems with the application of social psychology are that the rate of fraud will be reduced in society, which will reduce the cause of minor cases. It is therefore important to be concerned with the above