Corruption is now fastest-rising type of fraud: report

Janice Heng

Janice Heng

Published Tue, Jan 23, 2018 · 09:50 PM

Singapore

CORRUPTION and bribery is the fastest-rising type of fraud faced by firms, according to the latest Kroll Global Fraud & Risk Report.

Of 540 executives surveyed, 21 per cent said their organisation had experienced corruption and bribery in the last year, making it the fifth most common type of fraud.