1st Edition

Fraud and Corruption Prevention and Detection

By Nigel Iyer, Martin Samociuk Copyright 2006
    310 Pages
    by Routledge

    312 Pages
    by Routledge

    Executives are under enormous pressure to meet stakeholder expectations regarding the prevention of fraud and corruption. However, the drive to demonstrate that they are complying with legislative requirements and high principles has, in many cases, overshadowed the need to deal with the problem itself. As a result, fraud and corruption remain a significant unmanaged source of risk for many organizations. Drawing on experiences across Europe, America and Australia, Iyer and Samociuk give you the tools to establish an effective and far-reaching anti-fraud and corruption programme. Included is a compendium of techniques for assessing the true risk of fraud and corruption, reducing those risks and using health checks to provide early warnings. Also included is The Tightrope, A Story of Fraud and Corruption...which takes the reader from first suspicions through crisis and finally recovery in a vivid and instructive style, covering the lessons in the main text. This new book is a must-read for all those responsible for the prevention of fraud and corruption, risk management, corporate compliance, corporate responsibility and governance.

    1: The Greatest Unmanaged Risk; 2: Fraud and Corruption Demystified; 3: Recognising and Respecting the Risk; 4: Fraud and Corruption Risk Assessment; 5: Upfront Prevention and Detection; 6: Managing Incidents; 7: Resistance �€“ the Ultimate Goal; 1: The Awakening; 8: Chapter 1; 9: Chapter 2; 10: Chapter 3; 11: Chapter 4; 2: The Dilemma; 12: Chapter 5; 13: Chapter 6; 14: Chapter 7; 3: The Tone at the Top; 15: Chapter 8; 16: Chapter 9; 17: Chapter 10; Epilogue


    Nigel Iyer is a practitioner in fraud and corruption risk management with an emphasis on proactive prevention. Martin Samociuk was also a practitioner in fraud and corruption risk management. Both have extensive practical experience in this field in most parts of the world. The authors were founders of the Hibis Group, a consultancy specializing in the prevention and investigation of fraud and corruption.

    'This is an articulate, incisive, and practical work for which both authors are to be congratulated. Very often books focused on a narrow topic will only appeal to a narrow readership. This is an exception; it will appeal to anyone responsible for risk management, corporate responsibility, governance, and compliance.' Security Management . '...very readable and richly illustrated with examples from reality' Institute of Internal Auditors (Sweden) 'The book's easy on the eye, broken up with diagrams and anecdotes, and key points at the end of each chapter. The authors lay out for a fraud manager how to recognize, and respect, the risk, how to prevent and detect, yes, and manage incidents, but ultimately how to achieve 'high resistance' against fraud. Every page has something to offer the practitioner. Also offered are a sample fraud policy and 'corporate health check', and a framework for running workshops...the authors plainly have the realities of corporate fraud at their fingertips.' Professional Security 'Fraud and corruption risk experts Martin Samociuk and Nigel Iyer have put together a comprehensive guide to what they call 'the greatest unmanaged risk'. Ingeniously, the authors have split the book in two. The first section equips readers with the tools they need for effective anti-fraud and corruption programmes drawing on decades of experience in Australia, The US and Europe. The second section, The Tightrope offers an anatomy of fraud written as a tense thriller. The book is packed with practical examples and offers a complete how-to on dealing with all aspects of fraud and corruption within all organizations.' Risk Management magazine 'Articulately written, this is in fact two books in one, incorporating a reference guide that focuses on prevention and detection tools and a case novel entitled The Tightrope. The reference part includes chapters on demystifying the issue, recognizing and assessing the risks, prevention and detection, management of