Reporting a suspected fraud perpetrator to an authorized party in an organization has never been an easy decision. Among the onerous factors are the unsupportive systems, the possibility of intimidation…
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Fraud, most notably corruption and bribery, has been a persistent threat to organizations worldwide, wreaking havoc on each country’s political and economic systems. Thailand is one of the countries that…
Extortion is among the prevalent frauds that have been persistent in various industries in Indonesia. Extortion may arise as a result of a variety of factors, including abuse of power…
Banks are often the subject of money laundering practices. To name a few, Standard Chartered Bank, and BCCI. Credit Suisse has now been embroiled in the same problem. Switzerland’s second-largest…
Binary Options or better known as Binomo is one of the phenomenal investment methods that has attracted the attention of people around the world. This trading platform, which started in…
Fraud can occur in companies from any field, both from profit and non-profit companies. According to Report to The Nation 2020, there are 23 industries that experience fraud cases, with the biggest fraud losses occurring in the mining…
For many years, telephone-based whistleblowing was considered to be the most popular complaint channel. In recent years, many companies have shifted to website-based whistleblowing. According to Report to The Nation…
The fraud risk matters for all companies and organizations, including nonprofit organizations. Data from Report to The Nation 2020 shows that fraud cases recorded as many as 191 cases with…
The Covid-19 pandemic increases the threat of fraud more than ever before. Where sales have become one of the business process areas that are exposed to the threat of fraud….
In 2019, Garuda Indonesia airlines were proven to have manipulated their financial statements. As reported by Okezone.id, the Garuda Indonesia Group posted a net profit of USD 809.85 thousand or…
