Fraud Ascendant

One plague follows another. Recession-battered companies are at greater risk for criminal violations, warn experts who study corporate malfeasance. Like a virus that takes hold in a weakened immune system, fraud rears up when corporations are fighting for their lives.

"If you look back at history, when there's an economic downturn there's always a spike in fraud," says Richard Plansky, a managing director in Kroll's business intelligence and investigations division. "The reason is pretty simple: Every fraud starts with a motive, and in times like this there are motives everywhere."

Hot Spots

While the retail sector is on the front lines, there's more than enough risk to go around in the current economy.

Contributing Author

Steven Andersen

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.