Insights

Six Excuses Organizations Use to Ignore Fraud Risk and Antifraud Measures

Financial Institutions

March 01, 2010
by Marc Courey, CPA, JD, LLM, CFE, CICA, CFF, CCEP

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Marc Courey Marc Courey, CPA, JD, LLM, CFE, CICA, CFF, CCEP
Director of Litigation Support, Fraud and Forensic Services

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Fraud happens. It happens to organizations of all sizes and across every industry. It happens even to the best of organizations. And in almost every instance, organizations hit by occupational fraud say they never dreamed it would happen to them.

Thanks to research and reporting, we understand much about how fraud is committed and how it can be prevented and identified. Despite this, many organizations fail to implement proven antifraud measures like hotlines for the simple reason that they don’t feel it’s necessary.


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