Greenwashing has become a hot headline in the news and a viral topic on social media in the last two years. The term, first coined by Jay Westerveld in the 1980s, is a “marketing [...]
ESG euphoria and the threat of the fraud triangle The Environment, Social, and Governance (ESG) standard has become a hot topic widely discussed by the public, in company board meetings, audit [...]
Compliance lesson from ACT case Many studies show that the lack of internal control is the main factor that increases the risk of occupational fraud. One of the most commonly applied internal [...]
The whistleblowing system is the most effective fraud detection tool, according to various studies. However, having a whistleblowing traditional hotline is not enough. For the whistleblowing [...]
The degree of loss caused by occupational fraud is strongly tied to the perpetrator’s position. The higher the perpetrator’s position, the larger the potential loss. Report to the [...]
The German Supply Chain Due Diligence Act (SCDDA) which will be enforced starting on January 1, 2023 requires companies to set up and promote grievance systems. According to Section 8 of the [...]
Reporting a suspected fraud perpetrator to an authorized party in an organization has never been an easy decision. Among the onerous factors are the unsupportive systems, the possibility of [...]
Binary Options or better known as Binomo is one of the phenomenal investment methods that has attracted the attention of people around the world. This trading platform, which started in 2014, is [...]
Fraud, most notably corruption and bribery, has been a persistent threat to organizations worldwide, wreaking havoc on each country’s political and economic systems. Thailand is one of the [...]
Banks are often the subject of money laundering practices. To name a few, Standard Chartered Bank, and BCCI. Credit Suisse has now been embroiled in the same problem. Switzerland’s [...]
