Compliance Communications Blog

"Corporate Culture and Business Fraud"


Business fraud isn’t just an occasional thing that happens to someone else.  It’s distressingly common and it’s expensive.  An article by Heather Raftery and Frank L. Holder published on the FTI Journal website and reprinted by Business Ethics Magazine digs into the disturbing reality of fraud, which is estimated to have cost...the global economy nearly $3.7 trillion – and shows no sign of shrinking, either in frequency or cost.  Fortunately, the authors also looks at what companies can do to reduce the potential of fraud in their organizations.

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