White collar crime now affects more Americans than all other forms of crime combined, according to a new report published by the the National White Collar Crime Center (NW3C).
According to ACFE research, organizations worldwide lose an average of 5 percent of their revenues each year to fraud. And criminals are using ever-increasing sophistication to pilfer their employers’ assets. Clearly, companies cannot afford to ignore indicators of fraud that may exist. With so much at stake, management must proactively look for fraud.