In the second podcast in WillisWire’s series on fraud risk, a panel of leading experts discuss how fraudsters typically operate and what motivates them.
Christopher Richardson and Steve Caine from Ernst and Young’s Fraud Investigation & Dispute Services join Leslie Wright, Executive Director in Willis’ Financial and Executive Risks practice (FINEX) to explain typical business fraud.
Key highlights from the podcast include:
- Fraud is a risk in almost all human activities; humans are very inventive and that includes inventive in deceit, which is the essence of fraud; so fraudsters have countless modus operandi
- The typical hallmarks of internal fraud versus external fraud