AUSTIN, Texas, Aug. 21, 2017 — Too often people are blindsided when they discover they, or their employers, have fallen victim to embezzlement. Fraud can rip apart families, tank businesses and be the source for trust issues for years to come. Luckily, there are several red flags and psychological markers that can help predict why some people may go through with fraud and what commonalities they may have.
In conjunction with their annual International Fraud Awareness Week, November 12-18, 2017, the Association of Certified Fraud Examiners (ACFE) has offered up two videos explaining why people commit fraud, and what common traits fraudsters possess. The “Why Do People Commit Fraud?” video explores how pressure, opportunity and rationalization — called the Fraud Triangle — can come together to influence an individual to commit fraud. The “What Does a Fraudster Look Like?” video dives into what similarities fraudsters have, such as age, gender, tenure at a company and more.
The videos are available for free on FraudWeek.com and can be embedded in social media, news stories or webpages. The data is sourced from the 2016 ACFE Report to the Nations on Occupational Fraud and Abuse, the ACFE’s global fraud study. “Our main goal for Fraud Week is to raise fraud awareness among as many people and communities as possible. These educational videos are a great tool for getting that word out,” said Bruce Dorris, CFE, CPA, CVA, vice president and program director for the ACFE. “We are encouraging anti-fraud professionals, members of the media and anyone interested in spreading an anti-fraud message to use these tools.”
Individuals and organizations can sign up as official Fraud Week supporters at FraudWeek.com. They can access other resources including free guides, infographics and more on the site.
About the Association of Certified Fraud Examiners
Based in Austin, Texas, the ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 80,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. For more information, visit ACFE.com.
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SOURCE Association of Certified Fraud Examiners