Fraud Has No Borders
September 1, 2021
Fraud is no more of an American problem than it is a European problem, or an Asian problem, or an African problem – fraud is everywhere and constantly evolving. Each year, millions of companies around the globe become victims of fraud, amassing billions of dollars in losses.Advances in technology provide more access to commit fraud than ever before, making geographical boundaries nearly irrelevant. No matter the origin, each new fraud case provides an opportunity to identify patterns and learn more about how fraudsters operate.Consider some of the most famous fraudsters or fraud cases in modern history: Charles Ponzi, Steinhoff International, and Dankse Bank. These cases from all over the map are famous undoubtedly for their magnitude, but they also each represent a new lesson learned that continues to influence fraud investigations to this day.Charles Ponzi