Why executives pose the greatest occupational fraud risk

Description

Abstract: Although they aren’t the most likely people to commit occupational fraud, owners and executives can cause the most damage. This article discusses warning signs — including extravagant spending habits and an unwillingness to cooperate with internal investigations and outside auditors — that an executive is committing fraud. It also explains how certain management and operational factors, such as lax internal controls, make executive fraud easier to perpetrate.