Global Fraud Report
Kroll's Global Fraud Report is a quarterly publication that serves as a practical guide to preventing, detecting, investigating and recovering from fraudulent activity.
The Report brings together a wide range of expertise from Kroll’s experienced professionals, which include some of the world’s leading forensic accountants, attorneys, investigative journalists, regulators and law enforcers. We work with some of the world’s largest corporations and governments in tackling fraud every day, and – through the Global Fraud Report – we hope to share that knowledge.
Whether you are a Board Member, CEO or CFO of a corporation, or work in the General Counsel, Compliance, Audit or Finance departments, this Report will provide immediately actionable advice for dealing with fraud.
Taking the knowledge we have gained from over 35 years of preventing and responding to fraud activity, we can assist you whatever your individual situation. If you need help dealing with a specific fraud matter, contact us at fraud@kroll.com .
Supply Chain (April 2008)
As companies expand globally, outsource business operations and add new IT systems, they become more vulnerable to fraud, according to the April 2008 edition of Kroll's Global Fraud Report.
The Report highlights the growing danger of supply chain fraud to businesses worldwide. Large companies have increasingly become “extended enterprises” as they have globalized, outsourced, re-engineered their business processes, brought business partners and vendors closer and specialized their functions. The result makes them more complex and leaves them vulnerable to an array of frauds ranging from simple theft, to the misrepresentation of inventory to fool investors, through to counterfeiting, grey market diversion and piracy.
Intellectual Property (January 2008)
Intellectual property (IP) fraud has skyrocketed over the past ten years due to better access to Internet distribution channels and more criminal networks turning to IP fraud to finance operations, according to the January 2008 edition of Kroll's Global Fraud Report.
The report cites European Union Customs statistics that show a 1,000 percent increase in counterfeit goods in Europe between 1998 and 2004. The World Customs Organization puts the total figure of counterfeiting and piracy at $650 billion or five to seven percent of world trade.
Annual Global Fraud Report (2007/2008)
Kroll commissioned The Economist Intelligence Unit to conduct a worldwide survey on fraud and its effect on business during 2007.
A total of 892 senior executives took part in this survey. A third of the respondents were based in Europe, 32% in Asia-Pacific and 30% in North and South America. Ten industries were covered, with no fewer than 50 respondents drawn from each industry. Fully 38% of the companies polled had global annual revenues in excess of $1 billion.
This report brings together these survey results with the experience and expertise of Kroll and a selection of its affiliates.
Global Fraud Report
The first edition of the Kroll Global Fraud Report focuses on corruption and the effect of the U.S. Foreign Corrupt Practices Act (FCPA) on companies. Download the Report (.pdf) below.
