Aviva saw a 9.5 per cent jump in the number of fraudulent claims it declined in 2016, fuelled by increases in
fraud detection across motor bodily injury, household and liability claims.
The list, compiled by the National
Fraud Intelligence Bureau (NFIB) team based at City of London Police, aims to keep criminals from committing "12
frauds of Christmas."
FRAUD costs the UK over pounds 30bn every year and at least pounds 3.5bn of that is lost by individuals like your readers.
MANAMA: With 43 percent believing
fraud is a major problem and 60 percent maintaining it is set to increase in the region, a KPMG survey revealed that losses resulting from financial crime in the region are likely to run into the billions of dollars per annum given that respondents to the survey reported individual losses of some $100 million.
The survey indicates that
frauds perpetrated by management and employees accounted for the bulk of incidents and that internal controls were partially effective in helping to detect
fraud.
Consumer
frauds - A broad category including lottery/prize scams; rogue dialling and other communications-based
fraudsWe have to take control
fraud (that is,
fraud perpetrated by management) seriously--that means recording it when we detect it (the Justice Department does not keep statistics on control
frauds) and conducting research to learn how to spot it before it causes catastrophic damage.
The committee should begin by acknowledging that
fraud risks, including the risk of management override, exist in every entity.
* "Quatloos!," at www.quatloos.com, presents information on an extensive assortment of scams and
frauds, including tax protesters, off-shore scams and others.
Fact.MR has announced the addition of the "Healthcare
Fraud Detection Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028"report to their offering.
Summary: Fact.MR has announced the addition of the " Healthcare
Fraud Detection Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028"report to their offering.
PwC has launched its survey, 2018 Middle East Economic Crime and
Fraud Survey - Pulling
fraud out of the shadows, which analyses feedback from organisations across the region on the issue of
fraud and economic crime.