Let’s review how COVID-19 has impacted the fraud triangle and how it may cause nonmanagement employees, in particular, to feel less restrained. Recall that the three elements of the fraud triangle are ...

In this age of Enron, Tyco and WorldCom, it’s easy to assume that occupational fraud runs rampant in the business world, and a recent Association of Certified Fraud Examiners (ACFE) survey seems to ...

Forbes contributors publish independent expert analyses and insights. I am a consultant on white-collar crime and former convicted felon. I have spoken to hundreds of people who have been convicted or ...

"The fraudster's greatest liability is the certainty that the fraud is too clever to be detected." – Louis J. Freeh Fifty-one percent of organizations have uncovered more fraud since the onset of the ...

Some insider threat incidents are caused by the negligence or even naiveté of insiders enabling an outside attack, while others are planned malicious actions of an insiders that involve stealing ...

The COVID-19 pandemic could give remote employees around-the-clock access to company funds with little supervision and lead to embezzlement. The pandemic may be providing opportunities for financial ...