1. Top finance executives upping the fraud stakes

    iol.co.za (Sep 25 2011)

    1. Top finance executives upping the fraud stakes Chief Executive Officers (CEOs) are the fastest growing percentage of corporate fraudsters, according to a survey by forensic audit firm KPMG. ||| Chief Executive Officers (CEOs) are the fastest growing percentage of corporate fraudsters, according to a survey by forensic audit firm KPMG. In its report titled “Who is the typical corporate fraudster?”, KPMG’s analysis of global patterns of fraud, it says 26 percent of fraudsters are chief executives – up from 11 percent in 2007. The report indicates that a typical corporate fraudster is a senior finance executive, and that 32 percent of all employees who commit fraud work in ... (Read Full Article)

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