Þ A typical organization loses 5% of revenues each year to fraud.
Þ The median duration of frauds in USA to be reported is 18 months.
Þ Tips are consistently and by far the most common detection method for discovering fraud.
Recently, a new law was created that now allows for the protection of confidential information in regards to fraud hotlines. You can rest assured that your information will remain confidential.
If you see something, say something. Do you know someone who appears to be living beyond their means? Do you know someone who has access to cash or funds without another person’s approval or supervision? These are red flags and potential indicators of employee theft or fraud.
Call the OAP Fraud, Waste, and Abuse Hotline at 317-327-5555.