BLOG

Many small and medium-size business leaders think of embezzlement only as a thing they read in newspaper headlines or watch on TV crime dramas. But it is actually a lot more common than you may think. A 2020 global PwC study found that nearly half of companies had experienced some kind of fraud in the past 24 months. Of those incidents, nearly 40% were perpetrated by people inside the companies, while some 10% came about through collusion between internal and external culprits.