Fraud Prevention and Detection

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An Introduction to the

Red Flag System

A PERSISTENT THREAT

No entity is immune from fraud. Fraud indiscriminately affects all types

of organizations regardless of sector, size, or geographical location. It

does not distinguish between public or private entities, by what they do,

by their environmental footprint, by their level of sustainability, by their

public prole, or by the number of years they have been in existence. It

is not softhearted: Nonprots or charitable entities are potentially just

as vulnerable to fraud as those focused on making prots. They may,

in fact, be more vulnerable because they may not be able to afford more

sophist ...