Do you know the warning signs of fraud?
By examining the methods and behavioural clues fraudsters use to conceal their activity, organisations and their people can be more effective in identifying fraud and preventing future schemes.
Did you know?
- 39% of worldwide fraud cases involve the creation of fraudulent physical documents
- A typical fraud case lasts 12 months before detection
- Fraud losses are two times higher for organisations without a fraud hotline (our dedicated fraud hotline is 04 439 7865)
- 85% of fraudsters displayed at least one behavioural red flag of fraud, which could include:
- Living beyond their means
- Facing financial difficulties
- Having an unusually close association with a client/customer
- Control issues or unwillingness to share duties
Check out some useful videos here(external link) which cover a range of common questions you may have about identifying fraud and corruption, including ‘Common Computer and Internet Fraud Schemes’ and ‘What does a fraudster look like?’.
The more we’re aware of the warning signs of fraud, the less we and the organisation are susceptible to fraudulent activity.
Our updated Anti-Fraud and Corruption Policy(external link) sets out our organisation’s expected behaviours to help prevent, detect and investigate fraudulent activity.
If you ever suspect fraud or corruption, call our dedicated fraud hotline on 04 439 7865 or email fraudhotline@fireandemergency.nz.