Forgive me for asking this question but why do consultants and accountants separate the concepts of fraud and bribery. To me, bribery is a form of fraud.
Where there is fraud there is likely to be bribery – company actors are bribing others or company actors are taking kickbacks for contracts with the company. Both of these schemes involve fraud. One of them is prohibited by the FCPA, the other is proscribed by a number of federal criminal laws.
Bribery and fraud go hand in hand. All too often the funding device for a bribery scheme is to pilfer the corporate accounts and move the money to personal accounts, sometimes offshore or secret, other times bribers use their personal (or related) bank accounts over which they can exercise control.
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