All too often people are simply not alert to the indicators that fraud may be taking place.

There are usually warning signs that indicate a higher probability of fraud.

These include the following or a combination of them (not exclusive).

  • Living beyond means
  • Financial difficulties
  • Control issues and unwillingness to share duties
  • Unusually close association with customers or suppliers
  • “Wheeler dealer” attitude
  • Divorce/family problems
  • Irritability / defensive behaviour
  • Addiction problems
  • Refusal to take holidays
  • Past employment related problems
  • Complaining about inadequate pay
  • Excessive pressure from within organisation
  • Past legal problems
  • Instability in personal life
  • Excessive family/peer pressure to succeed
  • Complaining about lack of authority

Time and again it has been proven that a combination of the above characteristics feature in the background of fraudsters who have been caught.

If you want to discuss anything in relation to the behaviour or actions of any individual or associated person please just give us a call.

Source ACFE Report to the Nations 2014