Corporate Fraud - Essentials of an Anti Fraud Program


The good news is that, motivated by concern—even fear—of being victimized by fraudsters whose exploits have been gaining increasing media attention in recent years, many organizations are finally investing in the financial and human resources necessary

to protect against this risk.

The bad news is that, despite these augmented anti-fraud initiatives, too many organizations are falling short of truly effective protection against the inexorable spread of economic crime.

Often, several of the essential elements of a fraud program

exist but management fails to fully integrate these elements across the organization. It is not unusual to find fragmented detection and investigation procedures and policies spread throughout

an organization with each area unable to make meaningful progress on its own.

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Published In: Business Organization Updates, Criminal Law Updates, Finance & Banking Updates, Electronic Discovery Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Paul McCormack | Attorney Advertising

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