Importance of Reporting Mechanisms for Employee Fraud
Corporate fraud is a white-collar crime that can potentially bring down companies and cause huge losses for investors. It is so pervasive that the FBI has a white-collar crime unit dedicated to fighting corporate fraud and white-collar crime. Corporate fraud around the globe is estimated to cost companies and governments over $40 billion each year. Corporate fraud can be reduced by instituting internal controls and providing employees with mechanisms to… Read More »Importance of Reporting Mechanisms for Employee Fraud