The 2020 ACFE Report to the Nation has been released and with it come some eye opening numbers – and a call to action… A lot of it we already know: organisations lose about 5% of their revenue to fraud every year; the typical incidence of fraud continues for around 14 months before detection, and […]
Another day, another scandal involving a company caught in an ethical lapse. Judging by the news coverage, it can seem as if these are the new facts of doing business: those with power will abuse it; those with the opportunity to commit fraud will do so. And there’s nothing that can be done about it. […]
A new study looking into whistleblowing processes in the public, private and not-for-profit sectors on both sides of the Tasman finds personal and workplace grievances, such as bullying, discrimination or harassment and unfair work practices among the top five most prevalent forms of wrongdoing across the business and local and national government. The report, entitled Whistleblowing: New […]
“We know about that little bit above the water, but we know that what’s below the water line…is much greater…” Serious Fraud Office CEO Julie Read, in an interview with RNZ, has issued a warning that up to five percent of all government funding – including that for councils, commissions and government-funded trusts – is […]
Unethical behaviour costs New Zealand companies millions of dollars each year, but organisations with an independent hotline facility cut fraud losses in half. Contact us to find out how to implement a whistleblower hotline for your organisation.