Nov 2016

Nov 30, 2016

Industry News

6 Simple ways to prevent fraud


  Besides having a Fraud Prevention Strategy in place, there are also 6 simple ways which every business can implement to prevent fraud from taking place. * Know Your Employees: Fraud perpetrators often display behavioural…

Nov 28, 2016

Industry News

Fraud Prevention


  A pro-active Fraud Prevention Strategy is key for every business in its battle against fraud. A Fraud Prevention Strategy has significant benefits for the entity, once it becomes effective. At minimum, the strategy must…

Nov 23, 2016

Industry News

External Fraud Investigation by Uphando


To help us further illustrate the threat of external fraud, let’s look at a case investigated by Uphando. External Fraud Investigation by Uphando This case involves a school and their Hostel, Cleaning and Daily Food…

Nov 16, 2016

Industry News

#FraudWeek


  The validity of the stats we provided you with in our previous post, are evident in a case investigated by Uphando. The case involving an employee at an Insurance Underwriting company is a classic…

Nov 14, 2016

Industry News

Profile of an internal fraudster


  Do you think it’s possible to know what an internal fraudster looks like? According to 2016 statistics, the most likely characteristics of an internal fraudster are as follows: Male; University/College graduate; 31-40 years old;…

Nov 11, 2016

Industry News

Internal Fraud Stats


  Now that we have an understanding on the definition of fraud and the more common types of fraud committed, let's have a look at the internal forces of fraud. #Fraud #Uphando #SettingTheStandard

Nov 9, 2016

Industry News

Fraud Risk


 A simple definition of fraud is when a person deliberately practices deception in order to gain something unlawfully or unfairly. Fraud can be classified as either a civil or criminal wrong and there are a…