Wednesday, June 22, 2011

Director involvement in fraud climbs


COMPANY bosses are committing an increasing proportion of frauds, with the volume of cases involving senior management increasing to a fifth of all cases.

Globally it was board members who perpetrated fraud in 18% of the cases surveyed, an increase from 11% from 2007, a KPMG report reveals.

“Who is a typical fraudster?” reviewed a sample of 348 white collar crime cases investigated between January 2008 and December 2010, covering 69 countries.

See full Article.