Massive increase in staff fraud as firms fail to carry out checks

February 2010
People Management;2/11/2010, p12
The article reports that a study conducted by KPMG Forensic found a dramatic increase in serious fund in the workplace with losses reaching 567 million British pounds. According to the author, KPMG's 2009 Fraud Barometer found 123 cases of serious fraud committed by employees and managers, which is the most since the barometer was created in 1987. David Chernick, senior manager of KPMG, attributes the results to weak security and recessionary pressures.


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