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Many organizations or companies have seen whistleblowing as a very effective tool in preventing fraud.  The 2018 ACFE Report to the Nations on Occupational Fraud and Abuse found that tip is the [...]

The case of match-fixing has been the spotlight in various media in recent months after Bambang Suryo, a person who was involved in the practice revealed the scandal to the public. The dirty [...]

According to ACFE’s 2018 Report to The Nations, tips were by far the most common means of fraud detection at 40% of the most cases. However, many companies undermine the critical role play of [...]

There has been a lot of debate among the researchers and no general consensus on what motivates an individual to blow the whistle. However, at least a result of a study entitled The [...]

One of the important lessons in the biggest fraud case in Europe that occurred in Danske Bank was the importance of companies investigating whistleblower reports. If Danske Bank had investigated [...]

There is no doubt that whistleblowing hotline is an important element in a company and organization, especially in countries where corruption risks are high. However, having a reporting tool does [...]

Based on 2018 Report to the Nations: Global Study on Occupational Fraud and Abuse, industries that were affected by occupational fraud most frequently are banking and finance services, [...]

Fraud does hit any kind of business no matter what kind of industry it is. Grab and Go-Jek, two giant platforms in the ride-sharing industry have experienced the loss due to fraud. The tight [...]

Based on PricewaterhouseCoopers’ Global Economic Crime Survey report in 2007, the average total financial loss per company due to fraud was USD 3.2 million. Meanwhile, Global Fraud Survey by [...]

Fraud becomes a classic problem, even a silent killer for a company. Although every company claims that they were free of fraud, but in reality, no company is completely free from fraud threats. [...]