Most corporate fraud is perpetrated by individuals within the organization, according to a new report from KPMG International.
The report, “Global Profiles of the Fraudster,” is based on an analysis of 750 fraudsters around the world that KPMG investigated between May 2013 and August 2015. It found that 65 percent of fraudsters worked for the very organization they swindled. An additional 21 percent were former employees of the defrauded organizations.