Common Types of Fraud: Corruption
• Corruption: • Overall:
• Average loss of over $250,000 per case • Accounted for approximately 33% of all occupational fraud cases in 2012 Report. • Banking & Financial Services Businesses: • Accounted for approximately 36% of all occupational fraud cases in 2012 Report.
Common Types of Fraud: Corruption
• Conflicts of Interest:
• Purchasing Schemes • Sales Schemes
• Bribery:
• Invoice Kickbacks • Bid Rigging
Homer Law, Chtd. 2013
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