FEW INVESRIGATORS ON THE CASE: Organizations limited losses, ACFE says.

Author:Mccollum, T.

Nearly half of in-house fraud investigators say their organizations are more vulnerable to external fraud than they were two years ago, the Association of Certified Fraud Examiners (ACFE) reports. About eight in 10 respondents say their organizations recover 50% or less of fraud losses, the 2019 In-House Fraud Investigations Team Benchmarking Report notes. Fifteen percent don't recover any. Contributing to the problem, more than half of surveyed organizations don't adequately staff their anti-fraud teams, say the 886 ACFE-member fraud investigators who responded to the survey. The typical in-house...

To continue reading