It's a scary thought, but thousands of employees across Australia engage in corrupt activities each year. Of these thousands, only a handful are actually caught in the act, often through a corporate investigation by investigation specialists. After intense corruption management, they are usually dismissed immediately from the company. Some employees are fined, while others face jail time. What about the thousands that aren't caught? How does an employee get away with corruption? One of the key things that businesses fail to do is prioritize security auditing. With audits, a business is able to identify the strengths and weaknesses in their current system. Too many weaknesses in a business' system create opportunities for corruption. Let's have a look at potential weaknesses that result in employees getting away with corruption.
How can you tell if your company is corrupt? What can you do about it?
Interesting read on fraud detection!
by Jungwoo Ryoo, The Conversation
You’re sitting at home minding your own business when you get a call from your credit card’s fraud detection unit asking if you’ve just made a purchase at a department store in your city. It wasn’t you who bought expensive electronics using your credit card – in fact, it’s been in your pocket all afternoon. So how did the bank know to flag this single purchase as most likely fraudulent?
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It is prove that corporate investigations are some of most trusted and highly reliable processes usually taken in the good use by the Australian corporate houses for numerous routine purposes and vital operations. It is because, these are vital investigation processes which can be utilized to get the improvement to have higher standard of your corporate operations and bring the reforms to upgrade the efficiency and effectiveness of every activity taken up to achieve the ultimate goal of getting good output and higher productivity.
In the present circumstance, you can get the best protection from majority of risks and threats by taking the good use of corporate investigations in Australia. So only, business organizations preferred using Australia corporate investigation services to have the safe and secured environment and best corporate functions.
What do you do if you suspect fraud or corruption in your workplace?
At the click of your fingers, your business could be in complete turmoil if you don't protect it. The best way to protect your business is to hire investigation specialists.
What happens in a whistleblower investigation? Find out the steps in a workplace investigation.
Here is an article that discusses the impact of the Enron scandal and how it affected many people that were invested and involved with the corporation. Another famous multi-billion dollar corporate crime that has helped shed some light on why these crimes are a problem within society.
Love it!
an introduction to risk management (1980, jacket design by ken vail)
Check this article out and see how fraud can have a big impact on mining industry.
How do you know if you need to undergo a complete corporate investigation?
Worldwide fraud, bribery, corruption and & whistleblower investigation specialists
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