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Home / Commentary / Beware of fraud by insiders in booming built environment (access required)

Beware of fraud by insiders in booming built environment (access required)

According to the Association of Certified Fraud Examiners (ACFE), fraud costs U.S. businesses an average of 5 percent of their annual revenue. Even more sobering, occupational fraud costs companies in the construction industry a median loss of $227,000 – double the average loss of other businesses. The biggest fraud threat comes from inside an organization – ...

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