The 3 Main Sources of Fraud and How to Prevent Them
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As companies become more interconnected, the risk of falling victim to fraud increases. Fraudulent activity can cause devastating reputational and financial consequences for companies, especially if the activity occurs over longer periods of time. According to the ACFE’s 2016 Report to the Nations, the total loss caused by participating companies in the study exceeded $6.3 billion, with an average loss per case of $2.7 million.
