Profile of a Fraudster Survey 2007

International KPMG study shows over half of company fraudsters commit twenty or more frauds
Two thirds of fraudsters carry on for between one and five years before they are caught
Weak internal controls help them get away with it
‘Whistleblowing’ is the most common way of frauds being detected

The typical company fraudster is a trusted male executive who gets away with over 20 fraudulent acts over a period of up to five years or more, according to a major new international study by KPMG Forensic.

KPMG’s study takes a look at 360 actual company fraud cases which the forensic departments of KPMG firms in Europe, the Middle East and Africa have investigated over recent years.

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