Tuesday, December 16, 2008

Fraud Risk ‘Rises’ During Crunch

Fraud will likely increase in the workplace during the global economic downturn, a report has found. The reason for the increase will be because of false figures to make performance look better and because employees, who are facing tough times, are more likely to commit fraud. The typical person who commits fraud is a manager who is male between the ages of 35 to 55. This individual usually works in the finance department and has worked at the company for many years.

Overall, fraud is on the rise and the report states that during the global economic downturn it’s only going to get worse. It will take months to see if the reports findings will come true.

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