“Organizations worldwide lose an estimated 5% of revenue to occupational fraud each year according to ACFE reports. Based on my experience I believe the number would be much higher if you were to consider the frauds that are not followed up on due to bankruptcy, lack of prosecution, insurance and restitution’s made. We need to Detect Fraud in Organizations by looking beyond the numbers and developing proactive thinking about the people in organizations.”
Excerpt from Joe’s Upcoming book Detecting Fraud in Organizations from Wiley
ACFE Association of Certified Fraud Examiners