Fraud from within: Employers cautioned to look out for bogus expense claims

A study of 2,110 cases worldwide of fraud at work found that some $3.6 billion was lost to occupational fraud. PHOTO: UNSPLASH
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SINGAPORE - Employees who falsify expense claims often cheat their firm of only a small amount, but such cases are common and the financial loss can snowball.

A study of 2,110 cases worldwide of fraud at the workplace found that some $3.6 billion was lost to occupational fraud - cases of dishonest staff cheating their firms of resources.

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