Mandy Moody, CFE
ACFE Media Manager
Fraud is a problem facing companies of all sizes and employees in all departments. But in contrast to days past when companies only reacted to fraud after the fact, organizations are now being more proactive in addressing risk and compliance issues head-on. Organizations like Clorox, Walmart, USAA and more have signed up to support the upcoming International Fraud Awareness Week, November 15-21. They have stepped forward at a time when entities lose an estimated 5 percent of their revenues to fraud (according the ACFE’s 2014 Report to the Nations on Occupational Fraud and Abuse).
International Fraud Awareness Week has come a long way since its humble beginning back in 2000. There are now organizations from all over the world registered as Official Supporters, including large corporations, small businesses, government agencies, boutique accounting firms, nonprofit organizations and ACFE chapters worldwide.
One of the best things about Fraud Week is that it presents a unique opportunity to share free anti-fraud resources and best practices with organizations that want to raise awareness among their employees, clients and even the general public. Available in the resources section of FraudWeek.com, here are some free resources you don’t want to miss:
- Video: Convicted fraudster Nathan Mueller describes the details of his four-year-long, $8.5 million embezzlement scheme.
- Video: Andrea Baxendale recalls the opportunities and rationalization that led to her fraud.
- Printable Fraud Week Supporter Poster: Download and print our Fraud Week poster to show your support as an Official Supporter.
- We have also updated the downloadable Fraud Week logo and customizable press release to help you publicize your proactive stance against fraud.
- More resources
During (and around) the week of November 15-21, Official Supporters will host fraud awareness trainings for employees, conduct employee surveys to assess levels of fraud preparedness, post articles on company websites, newsletters and social media, and team with local news sources to promote fraud prevention and detection.
It’s only a few weeks away. What do you have planned for Fraud Week?