The Most Dangerous Trade: How Short Sellers Uncover Frauds, Keep the Market Honest, and Make and Lose Billions. This 299-page book tells the dark side of the stock market world where traders [...]
The pressure of achieving business targets under the global crisis may drive employees to falsify financial statements. An executive level employee may make a falsified financial statement to [...]
Extreme disruption in the business world due to the pandemic has left many companies around the world to be even more susceptible to fraud than ever. The slowing down of the global business [...]
The hardest part in handling a fraud tip is to determine whether the tip is worth a further response. Here is where a fraud response plan comes in handy. With a response plan, the company will [...]
It is no secret that employees who blow the whistle on wrongdoings are often subjected to horrendous retaliation. This ranges from ostracism, intimidation, dismissal, to harassment and more. [...]
As the Covid-19 outbreak spreads rapidly throughout the world, companies are flocking to apply their work from home (WFH) policies for their employees. WFH brings a new challenge for businesses [...]
Procurement fraud or fraud from the procurement of goods and services is a problem for companies both small and large throughout the world. A prime example of a fraud case that was related to the [...]
“Fraud Casebook: Lessons from the Bad Side of Business” compiles real cases of occupational frauds — offenses that occur in the workplace—which are prevalent in organizations around the world. [...]
Conflict of interest is intrinsic to human life and is often the root cause when it comes to fraud cases that involve corruption and bribery. According to Transparency International, a conflict [...]
Occupational fraud or abuse of position can occur in large and small companies. And the software giant Microsoft is no exception. A former Microsoft software developer was found guilty of [...]
