Report Says Company Bosses Increasingly Commit More Fraud
Company bosses including those working within the chief executive or managing director’s offices are increasingly committing more fraud, according to a global KPMG survey.
The survey found that globally board members at divisional, subsidiary and corporate level, commit nearly one fifth of fraud – an increase from 11 percent in 2007 – to 18 percent in 2011. Of the various board roles, those in CEO or MD’s offices account for an increase in committed fraud from just 11 percent in 2007 to 26 percent across the four-year period.