A recent report out from the Association of Certified Fraud Examiners (ACFE) confirms a growing and alarming trend – occupational fraud continues to rise, and with it businesses are ravaged by massive costs. The multi-layered impact of occupational fraud…

As 2015 comes to a close, we are pleased to share our most popular articles from the Risk Management Blog in 2015. 1. 4 Red Flags of Money Laundering or Terrorist Financing One of the most important aspects of…

As we look toward 2016, we thought it might be useful to get a quick big picture on organizational fraud for context. We have been posting about the causal factors driving fraud and urging you to develop an effective…

Ordinary people can do extraordinary things, including committing fraud. The question is, what motivates an ordinary person to morph into a fraudster? “Pressure,” or motivation, is one of the three causal factors of Donald Cressey’s Fraud Triangle, along with…

Donald Cressey’s Fraud Triangle historically has received a lot of attention during the ACFE’s Fraud Week and for good reason. It supplies a useful set of analytical distinctions in its three components—opportunity, rationalization, and pressure or motivation—that lead us…