Fraudsters always show certain behavior in carrying out their actions. Behaviors that are indicative of fraud are also called red flags. Based on the results of a survey conducted by Report to [...]

The dispute between a public figure and a businessman over the ‘Geprek Bensu’ brand has been making headlines recently.  The similarity of the brand in terms of design and logo, has caused these [...]

Fraud is a global problem that can occur to companies or organizations in any part of the world. In fact, organizations or companies around the world have lost about 5 percent of their annual [...]

Often, fraud is committed by employees, managers, and third parties. However, company owners or executives can also commit fraud. Even though it only ranks third among fraud perpetrators at 20% [...]

2 years ago, in May 2018, for the first time the Corruption Eradication Commission (KPK) established a corporation as a perpetrator of money laundering. KPK named PT Putra Ramadhan or PT Tradha [...]

Some court cases often take a considerable amount of time and could often result in failure due to the lack of required resources. This lack of evidence could possibly make the client fail to win [...]

The fraud risk matters for all companies and organizations, including nonprofit organizations. Data from Report to The Nation 2020 shows that fraud cases recorded as many as 191 cases with [...]

The COVID-19 Pandemic has caused a tremendous impact on businesses through various facets. Travel bans and working from home is a new reality faced by companies around the world. Pressure to [...]

Every company, both small and large scale, certainly has the risk of fraud, especially occupational fraud. Based on data from Report to the Nation 2020, there are three categories of occupational [...]

The International Labor Organization estimates that 25 million jobs are threatened by a pandemic. This pandemic also caused 4 out of 5 of the world’s workforce – around 2.7 billion [...]

Written by two senior writers from Fortune magazine, The Smartest Guys in the Room provides the historical background and comprehensive analysis of the success and destruction of the Enron [...]

The Covid-19 pandemic increases the threat of fraud more than ever before. Where sales have become one of the business process areas that are exposed to the threat of fraud. How does fraud occur [...]

Report to The Nation 2020 notes that the category of asset misappropriation ranks first as the most frequent occupational fraud, with a percentage of 86%. In the category, there are several [...]

In 2019, Garuda Indonesia airlines were proven to have manipulated their financial statements. As reported by Okezone.id, the Garuda Indonesia Group posted a net profit of USD 809.85 thousand or [...]

What is a conflict of interest? Merriam-Webster defines the terminology of conflicts of interest as a conflict between the private interests and the official responsibilities of a person in a [...]

On April 1, 2019, White House Security Adviser Tricia Newbold revealed that there were serious violations in the administration of security permits against a number of US President Donald [...]

Higher education institutions are often seen as hubs of advanced ethical thinking, so the idea that universities can also commit fraud is hard to believe by our community. In fact, fraud can [...]

Report  to The Nations 2020 Global Study on Occupational Fraud and Abuse released by ACFE found that organizations lose 5% of their revenue every year due to occupational fraud. If projected [...]

Fraud can occur in any organization, including educational institutions. If you want to find out how bad a fraud scandal might be in an educational institution, then Bad Education can provide the [...]

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 [...]

While the Covid-19 pandemic has caused economic upheaval, it has also brought concerning issues in compliance, primarily with anti-bribery, for the surviving companies. The unstable situation may [...]

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 [...]

A large number of companies of all sizes from around the globe cannot cope with the pandemic and have had no choice but to shutdown their businesses. This situation has left surviving companies [...]

The COVID-19 pandemic has forced many countries to quarantine cities or regions and have implemented social distancing to break the chain of infection. These circumstances disrupt supply chains [...]

The dynamic business world requires companies to be flexible and able to respond quickly to changes in the market. Especially when the world is facing the Covid-19 pandemic as it is today. Given [...]

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 [...]

The Covid-19 pandemic has unfortunately opened greater opportunities for counterfeiters to generate fast cash. INTERPOL reported that they have seized more than 34,000 counterfeit and substandard [...]