Question

Do you think more industries are susceptible to fraud then others? Why? Explain on 2 paragraphs with 2 references.

Answer 1

Yes, I think more industries are susceptible to fraud then others.

The banking industry is one of the industry which have so many fraud . Frauds affecting this sector range from cash larcenies to sophisticated check tamering. In past few years , credit card fraud have become increasingly popular and one of the most common fraud in this industry is expenses reimbursement fraud.

Another industry is Healthcare industry in this industry the most common fraud is insurance fraud perpetrated by the providers or billing scams employed by the outside agencies.Since january 2009, the justice department has recovered more than $19 billion through fallse claims act cases.