Saturday, August 11, 2012

Most fraud is committed by bosses

Research reveals managers are responsible for 61% of all money taken from within companies, or £206m If fraud is usually an inside job, most of it is perpetrated by the bosses of companies involved, according to research by accountants KPMG. Fraud committed from within organisations by management or employees made up 61% of the value of all cases in the accountancy firm's latest fraud barometer, covering the first six months of 2012. See full Article.