3 MIN READ According to a comprehensive report by the Association of Fraud Examiners, 81 percent of fraudsters displayed one or more behavioral red flags before their crimes were detected. There were 220 reported cases of fraud in the Asia-Pacific region in 2018, with a median loss of $236,000. Fraudsters in the Philippines were responsible for 25 of […]
Business Threat: The 3 Worst Types of Employees Read More »
2 MIN READ The first part of this series post relayed the alarming findings of the Association of Certified Fraud Examiners (ACFE). The organization reported on the increasing threat that corporate and financial fraud poses to companies around the world. According to the ACFE, businesses became aware of fraudulent schemes and activities mostly through tipsters. Of the 2,690 cases of occupational
The Cost of Corruption: The Warning Signs of Financial Fraud Read More »
3 MIN READ According to reports from several organizations, incidents of fraud in the corporate sector are on the rise around the world. In 2018, these incidents cost companies from more than a hundred countries over $7 billion in total losses. It’s not surprising that the rising tide of criminal activity and fiscal damage has prompted businesses to find ways
Safeguarding your Business: The Cost of Corporate Fraud Read More »
