Report: Fraud Loss at $3.5 Trillion Globally

Most of the trends in fraud schemes, perpetrator characteristics, and anti-fraud controls are similar regardless of where the fraud occurred.

Compliance Week

Not sure whistleblower hotlines are an essential tool for detection of fraud? You may want to check out the latest data from the Association of Certified Fraud Examiners. According to the ACFE's 2012 Report to the Nations, occupational fraud was detected through tips from insiders more than by any other method (43 percent) in 2011, and most of those tips came from employees.

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