This study aims to analyze the effect of pressure, opportunity, rationalization, competence, arrogance, collusion, machiavellian characteristics, and the nature of love of money on fraud management of village funds and religiosity as moderating variables rationalization, machiavellian characteristics, and the nature of love of money on fraud management of village funds. This research is important to study because it uses the fraud hexagon and attribution theory approaches which are still rarely used. Then for the addition of variables machiavellian characteristics, and the nature of love of money have never been used to examine the factors that affect fraud management of village funds. The sample of this research is village government officials within the scope of village government in the province of Yogyakarta, totaling 203 people. The type of data used is primary data with a sampling technique, namely purposive sampling. This study derived eleven hypotheses which were measured by means of the SEM-PLS analysis tool using the SmartPLS v3.3.2 application. The results showed that pressure, rationalization, competence, arrogance, and machiavellian traits had a positive effect on fraud management of village funds. Meanwhile, religiosity is proven to weaken the positive influence of machiavellian character on fraud management of village funds.