reported cases of fraud in business is on the rise, and in some cases incidents of fraud may be so severe that a business may struggle to recover, says Alison Weihe, an award-winning entrepreneur, speaker and Identity Intelligence coach.
reporting that nearly 70% of organisations experiencing fraud reported that the most disruptive incidents came via an external attack or collusion between external and internal sources. “Meanwhile, the bookkeeper and her husband pair were spending millions at various casinos,” adds Weihe. To add insult to injury, Weihe discovered that the head of the auditing firm she relied on was not a qualified chartered accountant.Employee background checks to improve the quality and standard of hiring practices by deterring unqualified or dishonest applicants.