Is Your Company Prepared to Tackle Internal Fraud?
When it comes to workplace fraud, teach your employees that greed is not good.br />
Annual Global Fraud Survey conducted by the Economist Intelligence Unit, fraud concerns have increased sharply around the globe.
There are a lot of reasons to be concerned about workplace fraud – not to mention, it’s expensive! In tough economic times, many companies can’t afford to lose anymore money. The report claims that the average fraud costs companies 2.1% of earnings, which equates to a week’s worth of revenues a year. 18% of companies surveyed lost more than 4% of revenues to fraud, while 53 companies (1/4 of that group) lost more than 10% of revenues to fraud. (read more...) Source - www.i-sight.com