Tag Archives: employees frauds

Fraud Deterrence for Small and Medium Enterprises (SMEs)

Employees and their accomplices committed 90% of bank frauds in 2017. Fraud or attempted fraud amounted to GHC 190.38M and actual losses through fraud was GHC30.8 in 2017[i]. Global occupational fraud cost organizations more that USD 7 billion in 2018 in cases reported to ACFE, and it estimates total global fraud loss of about USD […]