What keeps you up at night? Is it the thought of someone exploiting your hard-earned organization through fraud? While fraud may not be your foremost concern, statistics show that it's more common than most organizational leaders realize. According to recent studies, organizations lose an estimated 5% of their revenue to fraud each year. Is your organization prepared to combat this hidden threat?

Understanding the Threat of Fraud

It should not keep you up at night if you know enough about:

• Types of Organizations at Risk of Fraud: Certain sectors and sizes of organizations are more susceptible.

• Profiles of Fraud Perpetrators: Learn about the characteristics of individuals who commonly commit fraud.

• Common Fraud Schemes: Understand the tricks and tactics used by fraudsters.

• Effective Fraud Detection Techniques: Explore how fraud is most commonly detected.

• Recognizing Behavioral Red Flags: Identify the subtle signs that may indicate fraudulent activity.

• Successful Anti-Fraud Responses: Discover the most effective ways to respond when fraud is uncovered.

• Implementing Effective Anti-Fraud Controls: Learn about the controls that have proven successful in preventing fraud.

• Staff Training and Awareness: Find out how to better create awareness and train your team.

Don't Fall Into the Trap

We all tend to think fraud will not occur in our organization, but fraud is more common than you think. GFC is launching a short video series to address these issues and help you think through what makes sense for your organization. The series incorporates insights from the Association of Certified Fraud Examiners' 2024 Report to the Nations and our extensive experience at GFC in dealing with fraud cases.

Follow Our Series

Stay informed and protect your organization! Follow us on Instagram and other social media platforms to catch our video series on fraud prevention. Equip yourself with the knowledge and strategies necessary to effectively combat fraud.