In cases of occupational fraud, the perpetrators not only devise intricate schemes to deceive organizations, but also employ various techniques to conceal their illicit activities. One such technique is data manipulation. This technique is prevalent in major fraud cases such as Enron, Theranos, Olympus, and a recent case in Indonesia: the...
In today's digital age, brand protection has become more crucial than ever, thanks to the rise of brand jacking. Brand jacking, also known as brand hijacking or brand impersonation, refers to the malicious act of exploiting established brands for deceptive purposes, posing significant risks to both brand owners and consumers. In...
Fraud knows no discrimination. Small to large businesses cannot be separated from exposure to fraud risk. However, small businesses are more vulnerable because they tend to be limited in terms of resources. What factors make businesses generally vulnerable to fraud? - Employees perform more than one job (multitask). - Employees’ overconfidence with each...
In almost every case, law firms would need to locate people who are avoiding cases. However, this is not easy. Plus, it is difficult to get people to cooperate and be willing to be involved in a legal case. Therefore, skip tracing is needed. What is Skip Tracing? Skip tracing is a...
According to the ACFE's Report to the Nations 2022, the whistleblowing system detected 42% of the fraud cases studied and enabled early detection. According to the research, the system is the most effective when compared to other detection tools. Its efficacy, however, may only be achieved if the organization adopts policies...
Counterfeit drugs, jumped out of the skin, lurking increasingly in the market. Prices that are relatively cheaper than the original product shoot up the possibility of consumers consuming counterfeit drugs. Packaging is one of the primary markers used, besides price, to distinguish between genuine and counterfeit medicines. Unfortunately, it becomes harder...
