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…
Read More
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…
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…
On April 1, 2019, White House Security Adviser Tricia Newbold revealed that there were serious violations in the administration of security permits against a number of US President Donald Trump’s…
Fraud can occur in any organization, including educational institutions. If you want to find out how bad a fraud scandal might be in an educational institution, then Bad Education can…
