Research has shown in excess of 80% of serious frauds committed
against an organisation are perpetrated by an employee, either
alone or in collusion with other employees. It is important to know
the perpetrator when trying to understand why they commit these
frauds against their employers. Many fraudsters are motivated by
financial benefit either through greed or through desperation. The
current economic climate has left many individuals cash strapped
and in financial turmoil. The Association of Certified Fraud
Examiners found that occupational fraud is undeniable and
extensive. The most commonly reported fraud in their 2012 Report to
the Nations was Asset Misappropriation, comprising 87% of all the
cases reported, where the perpetrator steals an organization's
assets by evading whatever controls the organization may have in
place, often through such actions as false billing and invoicing
schemes, and cash skimming schemes. This report also highlighted
that the most
