Tag: Annual Review of Corporate Fraud and Corruption
Avoiding the Orange Jumpsuit: Worldwide Corporate Fraud
In its 2016 Annual Review of Corporate Fraud and Corruption, Financier Worldwide magazine reported that every year, corporate fraud causes companies to lose about 5% of their annual revenue.1 In dollar terms, this converts to trillions of dollars each year lost through fraud worldwide. As a result of this problem, countries globally are introducing new …
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