How Prominent Is Business Fraud?Thursday, 22nd September 2016 at 9:09am
An interesting article appears on the Business Matters website where business experts and a 2014 global fraud study from the Association of Certified Fraud Examiners, found that the typical business suffers a 5 per cent loss of profits every year due to corporate fraud.
Recently, three senior Tesco employees have been charged with alleged acts of fraud that resulted in Tesco suffering a devastating four billion pound drop in its stock market value, as well as a £263 million overstatement for the company.
The article gives an expert’s opinion on internal business fraud, along with advice on what you can do to prevent it in your company.
To read the full article, click here.(This will open in a new window from the creator of the article.)