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A couple of years ago the Australian Financial Review quoted Detective Superintendent Arthur Katsogiannis, then commander of the NSW Police fraud and cybercrime squad, in a story about corporate crime.

Superintendent Katsogiannis said that in 100% of corporate crime investigations he had been involved in, corruption goes hand-in-hand with a “compromised personal life”.

Gambling, drinking, drug taking, living beyond their means and inappropriate sexual conduct were all indicators of a personal life as compromised as the perpetrator’s professional life.

Topics: infographic, Employee fraud, business advice, James Price, fraud prevention, Parramatta, Orange NSW, managing employees

A recently released international study has found small businesses lose almost twice as much to occupational fraud – per case – as large businesses (over 100 employees).

Every two years the Association of Certified Fraud Examiners (ACFE) produces its Report to the Nations: Global study on occupational fraud and abuse.

The following insights about the impact of employee fraud on small business come from the 2018 report:

Topics: infographic, staff management, Checklist, Employee fraud, fraud prevention

Topics: staff management, Employee fraud

This blog comes from our free JPAbusiness eBook: Employee fraud – 15 strategies to reduce the risk. 

Topics: Advice, Employee fraud