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Monday, November 23, 2015

Corruption

Kroll fraud report: Executives feel vulnerable to overseas corruption linked to intermediaries

Half of the executives Kroll polled for its 2015 Global Fraud Report said their companies are at risk of vendor, supplier, or procurement fraud tied to overseas expansion.
Forty percent of the respondents felt highly or moderately vulnerable to corruption and bribery.
In the past year, nearly three quarters of the companies (72 percent) polled "were dissuaded from operating in a particular country or region because of the heightened exposure it would bring to fraud," Kroll said.

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