Corporate Fraud

ISBN: 9781472905109 出版年：2014 页码：176 Maryam Hussain Bloomsbury Publishing

Corporate fraud is unlike any other risk that an organisation has to manage. It requires us to beliebe deceived by individuals that we know, trust and do business with – one of life's 'inconvenient truths'. So, we often choose to beliemyths that prevaiwould not commit fraud'... 'fraud couldn't happen to us, we're a stable organisation'... 'we would know quickly if it happened, we watch the vulnerable areas'. The fact are driven by complex motivations and fraudsters exploit opportunities afabric of their organisation, particularly during times of change. Notable cases include Bernard Madoff's $65 Billion fake Ponzi Scheme, and the Libor manipulation by Barclays who were consequently fined £450 milliofraud early relies on looking at the organisation through a different lethe fraud trail into focus – you have to think like a fraudster, know what you are looking for and develop practical anti-fraud strategies. There are relatively few truly unique fraud schemes, but the nature of the trail and details change with economic development, advances in technology, and the emergence of new business models. Drawing on the practical experiences of fraud investigatothe world, in this book we provide perspectives to help you identify tof the 'fraud trail' - taking into account cultural, technological and social factors. Through stories of ordinary and extraordinary frauds and fraudsters and those that have investigated them, we will provide a 'fraud lens' - helping you to protect your organisation and spot the warning signs before a small problem becomes a huge fraud which could threaten its futur