The 2002 Fraud Survey released by KPMG highlights once again the fact that Australian business and the enforcement agencies are failing to deal with fraud costing Australia about $3.5 billion a year. Corporate fraud investigations often require a number of specialised activities to be undertaken. These include;
- An analysis of the various laws relating to the theft or fraud, conspiracy or other 'white collar' crimes;
- The detection and investigation of the fraud or crime itself;
- An analysis of the issues including the powers of employers and law enforcement agencies, surveillance and privacy issues; and
- Strategies for minimising future exposure to fraud
BIS has the capacity to manage simple or complex corporate fraud investigations. These investigations will often reveal inappropriate or inadequate business practices that would benefit from the development or improvement of existing systems and procedures linked to staff development programs to minimise these risks.