CAPITAL MARKETS

Resource sector a fraud target

NIGERIAN scams and ploys involving government handouts are not the only ways fraudsters seek to enrich themselves, with accounting firm KPMG warning that the large volume of funds flowing through the resource sector makes it a particularly enticing target.

MiningNews.Net
Resource sector a fraud target

Respondents to the 2008 KPMG Fraud Survey found that organisations in the sector suffered proportionally higher levels of fraud than recorded in other industry groups with the average loss placed at about...

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