WHAT'S THE WORST THAT WILL HAPPEN?
Getting caught committing fraud means you just pay the money back, right?
The truth is, these little white lies lead to BIG CONSEQUENCES.
Go to JAIL
Fraud isn't a game. Prisons don't accept get out of jail free cards!
• Family and Friends
• Right to Vote
Lose your CAREER
Fraud isn't a career, it ends careers!
• Financial Wellbeing
• Professional License
Awareness Check: Getting caught committing fraud means you just pay the money back, right?
Incorrect. These little white lies lead to BIG CONSEQUENCES.
Correct. These little white lies lead to BIG CONSEQUENCES.
WHEN DO LITTLE WHITE LIES BECOME FRAUD?
Fraud is the intentional manipulation of the truth for financial or personal gain. What you might think of as a little white lie, may in fact be fraud that could result in a prison sentence and loss of your career.
What Does Fraud Mean to You?
Why Do People Commit Fraud?
Awareness Check: What best describes fraud?
Incorrect. Fraud is a crime that can result in a prison sentence.
Correct. Fraud is a crime that can result in a prison sentence.
HOW CAN I HELP?
1) Get Social
Please help spread awareness of the BIG CONSEQUENCES of fraud. Follow us and post on social media using with the tag #COSTofFRAUD. For example, share and comment on articles about the big consequences of fraud (e.g., someone being sentenced to a prison sentence or losing their professional license) and link to COSTofFraud.com.
2) Become an Official Supporter of Fraud Week
Fraud costs organizations worldwide an estimated 5 percent of their annual revenues, according to a study conducted by the Association of Certified Fraud Examiners (ACFE). The ACFE’s 2018 Report to the Nations on Occupational Fraud and Abuse analyzed 2,690 occupational fraud cases that caused a total loss of more than $7.1 billion.
The Central Ohio ACFE Chapter joins hundreds of organizations who have partnered with the ACFE, the world's largest anti-fraud organization and premier provider of anti-fraud training and education, for the yearly Fraud Week campaign.
During Fraud Week, official supporters will engage in various activities, including: hosting fraud awareness training for employees and/or the community, conducting employee surveys to assess levels of fraud awareness within their organization, posting articles on company websites and in newsletters and teaming up with local media to highlight the problem of fraud.
ACFE CEO and President Bruce Dorris, J.D., CFE, CPA, said that the support of organizations around the world helps make Fraud Week an effective tool in raising anti-fraud awareness.
“The latest statistics tell us that fraud isn’t going away, and companies that don’t have protective measures in place stand to lose the most,” Dorris said. “That’s why it is reassuring to me to see so many businesses, agencies, universities and other organizations involved in the Fraud Week movement. The first step in combating fraud is raising awareness worldwide that it is a serious problem that requires a proactive approach toward preventing it.”
“Since our first Fraud Week almost 20 years ago, the movement continues to grow,” Dorris said. “I heartily thank all of the supporters of Fraud Week for making it what it is today.”
HOW CAN I HEAR FROM A CONVICTED FRAUDSTER?
WHERE DID THIS CAMPAIGN COME FROM?
• Mike McCaslin and Kathryn VanDixhorn (Nationwide Insurance)
The winning group was made up of the following participants:
Now we need your help. Help spread awareness of the BIG CONSEQUENCES of fraud. Post on social media using with the tag #COSTofFRAUD.