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The Guardian - UK
The Guardian - UK
Business
Guy Clapperton

Corporate fraud rising

How many people are suffering from corporate fraud? A large amount, said The Observer yesterday.

This, of course, refers only to fraud that's been detected. And it means the deliberate, large-scale fraud by substantial companies.

But it can happen on a smaller scale too. I could have defrauded a client only last week - they'd entered a piece I'd written into their system twice, and I'd have had hundreds extra for writing it. It was worth every penny of course but I informed them of their error - life's too short. But this sort of thing goes on, and it goes on a lot.

The article reckons if people took precautions like hiring corporate fraud teams then the matter would improve. Which is fine for the bigger business - but how many readers of this blog, as small enterprises, could honestly do mucy more than dream of such things? And what, then, are the smaller concerns supposed to do about fraud..?

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