MEN MORE TO BLAME THAN WOMEN FOR INTERNAL FRAUD IN FINANCIAL SERVICES
March 15th, 2014
THE TYPICAL internal fraudster in financial services is male, aged 31-50. This emerges from PricewaterhouseCoopers’ (PWC) 2014 Global Economic Crime Survey which found 45% of 1,330 respondents in financial services sectors from 79 countries had been hit by economic crime over the past year, with asset misappropriation the main problem.Respondents reported that 82% of internal frauds were perpetrated by men, an increase from 75% in 2011. The proportion perpetrated by women fell from 20% to 13%; (5% were frauds by people of unidentified gender).There was no ...
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