FRAUD HITS GLOBAL GIANTS HARD, DESPITE INCREASED DEFENCES – KROLL

Fraud, corruption and money laundering is hitting the world’s biggest corporations hardest, despite these companies bolstering their financial crime defences, according to Kroll’s latest annual Global Fraud and Risk Report (1). Risk specialists Kroll surveyed 1,336 senior executives from 17 countries worldwide and found 57% from companies with a turnover topping USD15 billion had experienced a “very significant” impact from such crimes, compared to 36% overall. Respondents based in China (98%), the Middle East (97%) or Sub-Saharan Africa (88%) most ...


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