Whistleblowers play a key role in the federal government’s ongoing fight against procurement fraud. Government procurement fraud is extraordinarily costly; and, despite the government’s vast resources ...

A recent report from the Association of Certified Fraud Examiners estimates that occupational fraud costs almost $200,000 per incident. Unmonitored supply chains, underlying inventory assets, a host ...

Trustpair, the leading platform for automated vendor payment fraud prevention, and Certa, a named Leader by Gartner® in the ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Of all the forms of white-collar crime, procurement fraud is probably the least visible yet the most costly. That’s largely because it’s a hidden byproduct of seemingly legitimate transactions, often ...

The Department of Justice (DOJ) recently announced that it obtained more than $2.68 billion in False Claims Act (FCA) settlements and judgments in the fiscal year ending September 23, 2023. Notably, ...

The Bureau of Public Procurement (BPP) and the Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria (CIFCFIN) have signed a Memorandum of Understanding (MoU) in a concerted ...

Add Yahoo as a preferred source to see more of our stories on Google. A Ukrainian court has returned almost a million dollars that had been seized from former Deputy Defence Minister Oleksandr ...

In many African companies, procurement still happens through endless paperwork, scattered approvals, WhatsApp messages, and disconnected supplier networks. Billions are lost yearly to leakages, ...

An Abuja high court on Thursday rejected the additional proof of evidence brought by the Economic and Financial Crimes Commission (EFCC) against former governor of the Central Bank of Nigeria (CBN), ...