Fraud, by unethical staff or dishonest citizens, represents an ever-present threat to the integrity of any organisation, whether a commercial company, a Non-Governmental Organisation (NGO), a government department or even the state itself. The threat comes in many forms, from petty pilfering of stores, supplies or small amounts of money to massive frauds involving huge sums.
The additional impact of fraud on efficiency, reputation, and morale can often be greater than the direct financial loss. All international measures of fraud suggest it is a growing and increasingly global phenomenon. The threat of fraud can come from anywhere in the world, and the proceeds of fraudulent transactions can be spirited away across borders, requiring lengthy, costly and complex processes to repatriate stolen funds.
Whilst the risk of fraud can never be completely eradicated, it can be combated by a range of techniques, which this course will introduce. These include the introduction of higher quality vigilance systems that can help to prevent and deter fraud, more rigorous processes to enhance effective investigations, corporate strategies to increase the prospect of successful fraud prosecutions and measures to combat money laundering and seek repatriation of stolen funds.