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Forward Thinking

Fraud strikes four out of five companies worldwide

By STAFF

A recent survey conducted for the risk consulting company Kroll found that four out of five companies have experienced some sort of fraud in the past three years. In every industry sector, companies have lost many millions of dollars to fraud, according to Kroll's latest Global Fraud Report.

From the Quarter 04 2007 issue

If you think your company has no reason to worry about fraud and corruption, think again. A recent survey conducted for the risk consulting company Kroll found that four out of five companies have experienced some sort of fraud in the past three years. In every industry sector, companies have lost many millions of dollars to fraud, according to Kroll's latest Global Fraud Report. The report draws on results of a survey by the Economist Intelligence Unit of 900 senior executives worldwide....

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