Compliance Communications Blog

"Fraud is Corruption is Fraud"



8/18/15: A key finding of PWC’s newly released Global Economic Crime Survey states flatly, “… our 14 years of survey data shows that at any given time period, nearly one in three of those surveyed report suffering a significant economic crime event.” Not a pretty picture for global companies, especially since the survey...noted a relative increase of 13% in reported instances of bribery and corruption since PWC’s last survey, with a whopping 29% of respondents reporting procurement fraud. Well, you can’t stop something if you don’t know what and where it is. It’s a long survey but you can download sections that apply to individual industries or topics.

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