QOTD on Fraud & Denial

Nobody really likes to know that a fraud is occurring under their noses. I have had fraud victims in complete denial when you show them all of the evidence of what has been transpiring and what has been transpiring for some time; where I have actually said 'We want to do a full investigation, can we pursue this?,' and they are so in denial in the 'it can't happen here' that it's hard to understand. People should look within their own organizations. They see fraud on the outside and they wipe their brow and say 'Whew, it hasn't happened to me!' But as I said, fraud is hidden so they are not going to know it; it is not going to rear its ugly head as obviously as one might think. -- Allan Bachman, Education Manager for the Association of Certified Fraud Examiners (ACFE)

Src: Fighting Fraud - Allan Bachman, Association of Certified Fraud Examiners

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