The typical white- collar fraudster is closer than you think

[SINGAPORE] It's a finding that will probably surprise many: The person most likely to defraud your organisation is your boss, a manager or an executive who has served the firm for a good number of years.

Forget about the age-old notion of a reclusive loner - the typical swindler these days tends to be highly respected, friendly and extroverted.

These are some of the defining characteristics of a typical fraudster the world over, based on KPMG's study of 596 fraudsters involved in white-collar crimes committed in 78 countries including Singapore.