Fraud Prevention and Detection

Fraud has been a million-dollar business which is rapidly increasing at global level. Most organisations are victims of fraud which is committed in unlimited multifarious forms. Major threats have been prompted by new information systems, reengineering and reorganisation which weaken the existing controls. The paper addresses the anti-fraud strategy and fraud prevention and detection techniques.

Keywords: Anti-Fraud Strategy, Fraud Detection, Fraud Prevention, Perp-Walk