IFP Research & Statistics -- Under Construction
Research and Statistics about Fraud (by type)
- Accounting/Financial Statement
- Asset recovery
- Consumer
- “Control fraud” (frauds led by the CEO)
- Counterfeit products
- Elder (frauds that target the elderly)
- Employee frauds (embezzlement and insider frauds)
- Disadvantaged (frauds that target the poor)
- Identity theft
- Environmental
- Health/Medical
- Insurance (against and by insurers)
Research and Statistics about corruption (by region)
"When Fragile Becomes Friable"
Individual “control frauds” cause greater losses than all other forms of property crime combined. They are financial super-predators. Control frauds are crimes led by the head of state or CEO that use the nation or company as a fraud vehicle. Waves of “control fraud” can cause economic collapses, damage and discredit key institutions vital to good political governance, and erode trust. The defining element of fraud is deceit – the criminal creates and then betrays trust. Fraud, therefore, is the strongest acid to eat away at trust. Endemic control fraud causes institutions and trust to become friable – to crumble – and produce economic stagnation.