(Got Your Attention?) Yep, You Read That Right... Beer One often thinks of bribery and corruption happening in major, high profile organizations (Enron, WorldCom, Tyco). Those are certainly the first I think of anyway. But, of course, bribery can happen in any company, any size, and any industry.
One Fraud... Two Fraud... Three Fraud... No organization wants to wake up to find themselves suddenly the center of unexpected liability or unwelcome scrutiny due to fraud. Fraud costs organizations more if it's ignored, and no matter what you think, your organization is not immune from it. The ACFE's Report to the Nations on Occupational Fraud and Abuse states that the median loss caused by fraud was $145,000 - if you're a small business, that could spell disaster. 22% of the cases in the study reported fraud loss of at least $1 million.
The Mike Duffy Saga Continues... After months of investigation the RCMP have criminally charged suspended Senator, Mike Duffy, with governmental fraud and bribery, and plenty of other no-no's relating to Senate expenses. And opposition leaders say Prime Minister Stephen Harper's poor judgment is to blame.