“Fraud is not an accounting problem; it is a social phenomenon.” Joe Wells
Best in class fraud and ethics training customized for you and your organization.
Contacts: Kendra Klossner Baker Tilly Media Relations email@example.com@bakertilly.com (703) 923-8627 Marks brings over 30 years of forensic accounting, investigations, governance, risk management and compliance experience
Today’s fraudster is clever and operates in an environment ripe for criminal activity. Economic unrest
is making it easier for employees to find ways to set fraud in motion – and a new breed of offenders is finding cunning ways to do so. After more than 60 years, the classic fraud triangle of three elements or events that motivate an employee to cross the line has morphed into The Fraud Pentagon.
Company boards and senior management must take an offensive stance against the five conditions that precipitate fraud with
a clear plan that limits the opportunity for fraud and minimizes the impact when fraud does occur.
When fighting fraud many ignore the human element and that’s a mistake. While we can’t get into the mind of the white collar criminal, we
“The act” of fraud typically involves not only the execution of the scheme itself, but also efforts by the fraudster to deliberately suppress or conceal