By Julie M.T. BOOST
17 November 2017
Fraud Scorecard 2017 Analysis : fraud has surged to the top of the list of commonly committed crimes EUROPE -
It is estimated that an organisations loss to fraud is 5% of annual revenues
UK Annual Fraud Indicator 2017 -
private sector losses are estimated to be £140 billion,
-
the continued growth of procurement fraud remains a problem for many businesses.
NETHERLANDS National threat assessment Police report 2017 -
The following fraud types are been identified as genuine fraud threats in the Netherlands : o Investment fraud o Bankruptcy fraud o Tax fraud o Fiscal fraud and Money laundering
Belgium Crime assessment Justice report 2017 -
The following fraud types are been identified as genuine fraud threats in Belgium : o Money laundering o Counterfeiting o Identity theft
France Fraud study 2017 -
The following fraud types are been identified as genuine fraud threats in Belgium : o CEO fraud o Fraud by false suppliers o Identity theft
Advice : Fighting fraud means that, for most organisations and individuals, the best they can do is protect themselves. Investing in the appropriate strategies to increase their resilience to fraud is the most effective way in which to reduce the risk of fraud.
Message to our Newsletter and Risk tracker readers! We have written a booklet in a quest for ever better professionalism and to provide you with all the insights to unlock all the potential of our Newsletter-tools. Through this booklet, we offer you the opportunity to dive into the unique opportunities of our service. We provide you this booklet in English , Dutch and French. We also offer you the opportunity to give us feedback on your specific needs with regards to our Newsletters and Risk Trackers . This survey will take circa 5 minutes. We would like to know about your experience with our Newsletters and Riks Trackers from LUPPO Consulting, so that we can make your next experience even better! We appreciate your time and feedback. Click here for the survey
LUPPO team
Our Expert has the diploma “Defending Your Organisation Against Fraud and Corruption” from the University of Leicester that is accredited by the Chartered Institute of Management Accountants (CIMA)