FTI Consulting warns that there are always those who will see a crisis such as the current pandemic as an opportunity for fraud. “In addition to frauds against emergency relief funds, a variety of financial fraud will come to light as a result of the current crisis. As companies scrutinize budgets in challenging economic times, they may even uncover existing employee-related frauds that were previously obscured by prosperity.” They present warning signs and steps to prevent and mitigate emergency relief fund frauds and to identify and address existing financial frauds that become exposed during the crisis.
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Fraud in the Wake of COVID-19
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