The Use of fraud examiners in the battle against occupational fraud and abuse

Monika J. Machen, Robert E. Richards

Journal of Investment Compliance · 2004 · 17 citations · 0 references

Concepts

Abstract

In 2002, it was estimated that occupational fraud and abuse cost organizations $600 billion, or roughly 6 per cent of their revenues. While there are various ways a company can protect itself from becoming a victim of fraud, one solution toward which many companies are turning is the use of fraud examiners to help monitor and detect fraudulent activities within their organizations.