Risk Insights – Stop Fraud in its Tracks – Financial
Resource & Insights
February 24, 2015
The 2014 ACFE report found that the average fraud scheme goes undetected for 18 months. When fraud is discovered, the full amount of the known tangible losses is seldom recovered. Recovering the intangible assets that fraud takes – assets such as goodwill, credibility and trust – is even more difficult.