The Use of fraud examiners in the battle against occupational fraud and abuse
Monika J. Machen
(Associate, Sonnenschein Nath & Rosenthal LLP, Chicago, IL, USA; mmachen@sonnenschein.com)
Robert E. Richards
(Partner, Sonnenschein Nath & Rosenthal LLP, Chicago, IL, USA; rrichards@sonnenschein.com)
676
Abstract
In 2002, it was estimated that occupational fraud and abuse cost organizations $600 billion, or roughly 6 per cent of their revenues. While there are various ways a company can protect itself from becoming a victim of fraud, one solution toward which many companies are turning is the use of fraud examiners to help monitor and detect fraudulent activities within their organizations.
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Citation
Machen, M.J. and Richards, R.E. (2004), "The Use of fraud examiners in the battle against occupational fraud and abuse", Journal of Investment Compliance, Vol. 5 No. 3, pp. 67-71. https://doi.org/10.1108/15285810410636514
Publisher
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited