Fraud & Financial Crimes: A Global Financial Issue & Takeaways for 2021

February 23, 2021

CRESCO, INAA member in UAE, Philippines and Seychelles, has published this very interesting article on its website about fraud & financial crimes. Discover it below.


"Fraud and financial crimes are global phenomena. They run across all human races irrespective of their social and economic status. These crimes are forms of theft that transpire in a situation where assets like money or property are being used to gain a benefit from it. Maintaining a lifestyle beyond one’s means or poor investments are some of the factors of these illegal activities. It is highly driven by financial needs due to avarice, gambling, debts and business reversals, hence financial crime is rampant.[...]"