Tag - ponzi scheme

whistleblowing system

6 Common Problems That Reduce Robustness of Whistleblowing

Many organizations or companies have seen whistleblowing as a very effective tool in preventing fraud.  The 2018?ACFE Report to the Nations on Occupational Fraud and Abuse found that tip is the most common initial detection method with 46% of all fraud cases being detected. However, having a whistleblowing system on board...

Read more...

Learning from Madoff Case to Pandawa Lima Cooperation, These are the 4 Indicators of Fraudulent Investment

Ponzi scheme, an investment scheme born in 1920, is always consistent with the goal of making money quickly. However, the offered scheme harms its investors. This scheme is taken from the name of Charles Ponzi who invented and practiced this scheme. The perpetrators pay the old investors with money from the...

Read more...

Learning From the Mistakes of Big Companies That Lost Billions of Dollars Due To Fraud

Fraud becomes a classic problem, even a silent killer for a company. Although every company claims that they were free of fraud, but in reality, no company is completely free from fraud threats. PricewaterhouseCoopers released Global Economic Crime Survey report in the 2007, recorded the fantastic number of average total financial...

Read more...

Umrah Scam in the World’s Largest Muslim Populated Country

According to Association of Certified Fraud Examiners (ACFE), a Ponzi scheme is an illegal business practice, in which a new investor’s money is used to make payments to previous investors. Typical Ponzi schemes will require an initial investment and promise a large profit with little to no risk. To gain...

Read more...

MEMBER OF

HEADQUARTERS

ADDRESS

Jl. RS. Fatmawati Raya No. 57-B, Cilandak Barat, Jakarta 12430, Indonesia

PHONE

EMAIL

SUBSCRIBE NEWSLETTER

Get the latest updates and offers

    OUR REFERRAL

    Copyright – INTEGRITY – All Rights Reserved © 2023 – Privacy Policy | Terms of Services