Coined in 1939 as crime committed by a person of respectability and status, the term white collar crime has since encompassed a variety of nonviolent crimes contrived for financial gain. Now, white collar crime is synonymous with a full range of various frauds.
All organizations are at risk of fraud despite their efforts in preventing it through implementation of specific policies, procedures, programs, and training.
Do you need to know the red flags? Here’s what you should be watching for — and how we can help.