Corporate losses due to fraud could be R150bn - Business Day

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGpNoy4keZGg-3Gf9mPpM7JsmzLcAamp;url=http://www.accountingtoday.com/news/Organizations-Revenues-Fraud-62602-1.htmlimg src=//nt2.ggpht.com/news/tbn/Lg8pZ-ISKQbM_M/0.jpg alt= border=1 width=80 height=80 /br /font size=-2Accounting Today/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEJmFiTK_qCqlHPkUXZ6e bPyaF6ngamp;url=http://www.businessday.co.za/articles/Content.aspx?id%3D171558bCorporate losses due to bfraud/b #39;could be R150bn#39;/b/abr /font size=-1bfont color=#6f6f6fBusiness Day/font/b/fontbr /font size=-1CORPORATE bfraud/b was common in SA and could be causing the country losses of about R150bn if figures from the 2012 Report on Occupational bFraud/b and Abuse were taken into account. The report, prepared by the Association of Certified bFraud/b Examiners and b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHTi9JXPsIv0DDnM73QYf JumGXWhAamp;url=http://www.journalofaccountancy.com/News/20125666.htmTo prevent bfraud/b, offer a hotline, train employees on bfraud/b prevention, report b.../b/afont size=-1 color=#6f6f6fnobrJournal of Accountancy/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF27mGDJHr53xDxDMYel7 0T5oF89Qamp;url=http://www.complianceweek.com/report-fraud-loss-at-35-trillion-globally/article/240476/Report: bFraud/b Loss at $3.5 Trillion Globally/afont size=-1 color=#6f6f6fnobrCompliance Week (subscription)/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dKt7q-nJOS0v5oMTtSzPVgK0R50fMnobrball 9 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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