Top 5 Fraud Trends of 2024

/
Top 5 Fraud Trends of 2024

Detecting and preventing fraud is a daunting task that requires anti-fraud professionals to regularly adapt to a continuously evolving risk landscape. There are consistent factors in fraud, like social engineering tactics that exploit human behavioral tendencies or external financial pressures that lead fraudsters to commit their crimes, but there are also trends and themes that emerge and affect the anti-fraud profession on a more limited timeframe.

Read More

HOA Fraud is a Hardly Detected and Thriving Cancer of Our Society

/
HOA Fraud is a Hardly Detected and Thriving Cancer of Our Society

For most people, one of the main goals in life is buying your own home. It is rewarding when effort goes into career growth, diligent savings routines and work-life balance sacrifice, for this single goal of purchasing your first home. The most affordable homes can be the ones built as part of a homeowner’s association (HOA) – nothing wrong with that. The surroundings are always maintained through the HOA and the only thing homeowners need to worry about is the interior of the house, as well as paying regular monthly dues to the HOA. But after settling in, it may quickly become apparent that living under an HOA involves a level of oversight that can be surprising.

Read More

Emerging Trends in Fraud Law: What Professionals Need to Know

/
Emerging Trends in Fraud Law: What Professionals Need to Know

In the ever-evolving landscape of fraud, staying informed about emerging trends is not just a choice — it is a necessity. As professionals in the field of fraud prevention, we understand that knowledge is our most potent weapon against the ever-adaptive tactics of fraudsters.

Read More

Public and Private Partnership in Information Sharing to Combat Fraud

/
Public and Private Partnership in Information Sharing to Combat Fraud

In recent years, fraudulent schemes have been on the rise, evolving constantly in their modus operandi. To counter this growing threat, information sharing mechanisms related to fraud detection and prevention have advanced significantly. Notably, an increasing number of fraudulent information-sharing initiatives are now adopting a public-private partnership approach, involving cooperation between government agencies, law enforcement and private sector entities.

Read More

Fraud and Injustice: A Global Crisis in Indigenous Communities

/
Fraud and Injustice: A Global Crisis in Indigenous Communities

Indigenous peoples around the world face marginalization and exploitation, leading to increased vulnerability. This puts them at a particular risk for fraud, as opportunistic fraudsters take advantage of systemic inequalities. Fraud against indigenous communities is especially harmful due to the unique challenges these groups face. Factors like geographic isolation, lack of access to resources and cultural marginalization leave indigenous peoples vulnerable to exploitation in ways other groups may not experience.

Read More