Fraud is no longer a minor operational risk, it’s a strategic threat. In 2024 alone, reported fraud and scam losses exceeded $12.5 billion, with over 2.6 million reports filed, highlighting the scale of deception facing businesses and consumers.   Meanwhile, the FBI’s Internet Crime Complaint Center documented losses of more than $16 billion from internet crime […]

Insurance fraud isn’t just a civil matter, it’s a serious criminal offense that can land perpetrators behind bars for decades. With insurance fraud costing the U.S. economy an estimated $308.6 billion annually in 2025, law enforcement agencies and prosecutors are cracking down harder than ever. The question isn’t whether you can go to jail for […]

When financial irregularities surface at your organization, the decision to launch a fraud investigation versus conducting an internal audit can determine whether you contain the problem or watch it spiral out of control. With organizations losing an estimated 5% of annual revenue to fraud totaling over $5 trillion globally understanding these two critical functions isn’t […]