Put the brakes on fraud. It is much more cost-effective to prevent fraud than to punish it. Providing an insider's look into the most prevalent fraud schemes used by employees, owners, managers, and executives, 'Corporate Fraud Handbook, Fourth Edition' provides you with a systematic approach to stop fraud in its tracks before it happens. Sharing his four decades of experience in the field of fraud detection and deterrence, author Dr. Joseph T. Wells--founder and chairman of the Association of Certified Fraud Examiners--brings each scheme to life by using real case studies submitted to the ACFE by the fraud examiners who investigated them. Written for anyone responsible for reducing fraud losses and mitigating the risk of fraud, 'Corporate Fraud Handbook' features: Tips and techniques for quantifying financial losses from fraud schemes Observations and conclusions in each chapter to help you devise prevention and detection strategies Real-life case studies that provide a view inside the mind of a fraudster The fraud tree, a systematic classification of the various types of occupational fraud Statistics from the ACFE's '2012 Report to the Nations on Occupational Fraud and Abuse' From sophisticated investment swindles to petty theft, false overtime to bribery, discover how to prevent and detect corporate fraud with the expert guidance found in 'Corporate Fraud Handbook, Fourth Edition.' Few people begin their careers with the goal of becoming liars, cheats, and thieves. Yet that turns out to be the destiny of far too many business professionals. Corporate fraud and abuse cost organizations and investors billions of dollars annually. Learn how to spot the 'red flags' of fraud, how to comply with recent regulations, and how to develop and implement effective preventative measures with the practical guidance found in Corporate 'Fraud Handbook, Fourth Edition.' Written by Dr. Joseph T. Wells--criminologist, former FBI agent, and founder and chairman of the Association of Certified Fraud Examiners (ACFE)--'Corporate Fraud Handbook, Fourth Edition' is filled with tips and techniques for combating the various types of fraud and case studies that illustrate the devastating impact this crime can have on organizations. Now including all-new statistics from the ACFE's '2012 Report to the Nations on Occupational Fraud and Abuse' to provide you with the actual impact of the many different types of fraud, this landmark desk reference explores the three main categories of occupational fraud and abuse--asset misappropriation, corruption, and financial statement fraud--and identifies and classifies the various fraud schemes that fall under each category, including: Shell company schemes Payroll schemes Check tampering schemes Expense reimbursement schemes Misappropriation of inventory Cash larceny Skimming Bribery schemes Conflicts of interest Financial statement fraud 'Corporate Fraud Handbook, Fourth Edition' also provides an overview of the complex social and psychological factors that contribute to the creation of an occupational fraudster, and explores the possible reasons behind this deviant behavior. Rich case studies and flowcharts illustrate the many different ways employees and managers can steal from their organizations. Learn how to safeguard your organization from fraudsters with the prevention and detection strategies found in 'Corporate Fraud Handbook, Fourth Edition.'