Indicators of Potential Tendering Fraudster

Indicators Of Potential Tendering Fraudster- Independent review
Economic Stress- Too much trust / independence
- Family illnessInteresting Traits
- DivorceMen commit nearly three-quarters of the
- Family unemploymentoffenses.
- High DebtMedian losses caused men are nearly four times
- Financial lossesthose caused by women.
- Pressure of the worldLosses caused by managers are four time those
Life Stylecaused by employees.
- Living beyond meansMedian losses caused by executives are 16 time
- Possible alcohol or drug problemsthose of their employees.
- Gambling(Extracts from research by association of
Work Habitcertified fraud Examiners, U.K)
- Excessive overtimeSummary
- No vacationsA major reason why people commit procurement
- Excessive sick or vacation leave takenfraud is because they are allowed to do so. There
- Avoids or is too friendly to employeesarea wide range of threats facing government
- Secretiveness or defensivenessagencies the threat of fraud can come from
- Turning down promotions or transfersinside or outside the department, but the likelihood
- Avoidance by other employeesthat a fraud will be committed will be greatly
- Officer's pressure to show good resultsdecreased if the potential fraudster believes that
- Job cutbacks or down sizingthe rewards will be modest, that they will be
Attitudedetected or that the potential punishment will be
- Job dissatisfaction/unhappy employeesunacceptably high. The main way of achieving this
- Feeling underpaidmust to be establish a comprehensive system of
- Unappreciatedcontrol which increases the likelihood of detection
- Greedand increase the cost to the fraudster.
Opportunities BehaviorIt has been said that there are three
- Close association Suppliers/customersrequirements which need to be met to reduce
- Loose oversight to authorizationsthe risk of procurement fraud; Good Ethics, Good
- Lack of controlsPeople, Good System.