Top staff commit top crimes

17 October 2007 - 02:00
By unknown

Many local criminals wear a suit and tie, a global economic crime survey by auditors PricewaterhouseCoopers found. In South Africa, 72percent of companies reported they had fallen prey to economic crime in the past two years. The study found that senior employees tend to be the most crooked, with 17 percent of all reported fraud done by "figureheads" who had been with the company for about seven years. - Staff Reporter

Many local criminals wear a suit and tie, a global economic crime survey by auditors PricewaterhouseCoopers found. In South Africa, 72percent of companies reported they had fallen prey to economic crime in the past two years. The study found that senior employees tend to be the most crooked, with 17 percent of all reported fraud done by "figureheads" who had been with the company for about seven years. - Staff Reporter