Hi, AF

Fraud seems a growing issue and I am mulling over doing a book that
addresses the main topics and outlines preventive/detective actions.
It will be aimed at corporates, mainly in the UK, the US and
internationally.

Without your doing oodles of research at this stage (assuming your
availability and enthusiasm) would you mind listing (say) 10 Main
Topics that, in your opinion, should be addressed.

No particular order and no wealth of links (except maybe a few cuff
links) at this stage.

If you are unable to oblige, please post a 'Nothing Doing' response.

I would also welcome comments from the cognoscenti.

All the Best

Bryan

Bryan,

Interesting idea. It would depend on who you are aiming at. From my
experience, the Legal / Audit / Security Adviser/ Managers are often
aware of the issues but find they are banging their heads against the
wall when trying to get the message across to the senior
directors/management. Profit is the bottom line. For example, the
sales department often win in the battle with the credit control
department over whether credit terms are granted to a new customer.

There are also plenty of corporate risk advisers who provide fraud
advice. Unfortunately, often they are called upon after the horse has
bolted and the firm has suffered losses. Howells Shepherd
International is one such firm and you may find their pages
interesting.
http://www.hsiltd.com/index.html
Carratu is another.
http://www.carratu.com/Corporate_Division_Introduction.htm

My thoughts on the current fraud threats / topics can be split between
inside and outside threats:

Inside:
Know your employees and managers: CVs not checked, unvetted outside
contractors and outsourers
Conspiracy with outside criminals, bribery and corruption, and blackmail
Lack of supervision and auditing procedures: bogus accounts created /
internal theft
Lack of whistleblower facilities and how to deal with them
Theft of market intelligence and databases and sold to competitors
Loss of goods in transit, theft of assets
Lack of computer security, control of communications, emails etc.

Outside: 

Computer hacking
Counterfeiting and trademark infringements
Business unknowingly being used to assist in money laundering
Bribery and corruption
Bogus accounts
Theft of assets
Credit Account frauds


Here are a few web sites which may be of interest and have links which
lead to other useful sites.

The Fraud Advisory Panel. Publications page very useful.
www.fraudadvisorypanel.org

Home Office Crime Prevention for Businesses
http://www.homeoffice.gov.uk/crime/businessretailcrime/index.html

Home Office Business and Retail crime reduction
http://www.crimereduction.gov.uk/toolkits/br00.htm

City of London Police ? Economic crime ( I haven?t referred you to the
MET as they seem to have given up on fraud now and left it to the
CofL)
http://www.cityoflondon.police.uk/economic-crime/economic-crime.html

Financial Services Authority ? Many references to fraud (use their
search facility). This is one example.
Countering Financial Crime Risks in Information Security
http://www.fsa.gov.uk/pubs/other/fcrime_sector.pdf
http://www.fsa.gov.uk/Pages/Library/Communication/PR/2004/095.shtml
http://www.fsa.gov.uk/

Archive pages of  the Ex Police in Industry & Commerce (EPIC) organisation.
http://www.epic-uk.com/security.html

Many useful links on Ray Davies? web site
http://www.ex.ac.uk/~RDavies/arian/scandals/fight.html

American Society of Industrial Security
http://www.asisonline.org/

US Security Management Magazine
http://www.securitymanagement.com/


I hope this provides you with what you were seeking. Just shout if you
need anything else.

Thank you
answerfinder

Wow, AF ... You have left me absolutely SPEECHLESS!

So much and so soon!

Your experience echoes the words of the fraud investigator who has
offered to help in this enterprise.

I shall now plough through the links that you have kindly provided.

All the very best

Bryan

Bryan,
Thank you for your generous tip. Glad to hear that I'm singing from
the same hymn sheet.
answerfinder-ga

Hi Bryan...

Interesting topic ;)

As you know, I work in the Fraud Investigative field.
I don't investigate  employees but clients.

A few of the trends I frequently see are:

-Disposal of property to a relative for a dollar or two.
-Undeclared earnings/income
-Obtaining credit under false pretences
-Misrepresantation of marital status, family members and family size.
-Undeclared/ hidden assets
-Wrongfully declared addresses
-Out of the country for an undisclosed period
-Receiving cash earnings and not reporting them to the tax department.

Those are the most frequent allegations I investigate.

Hope that helps.

Let me know when the book is done. I'd love to read it!!

Steph53

Hi, Steph

That's great ... Very many thanks.

There's a l-o-n-g way to go yet but your present (& possibly) future
inputs are greatly appreciated.

All the Best

Bryan