Half of Singapore-based companies impacted by fraud lost at least US$ 1 million

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Half of Singapore-based companies impacted by fraud lost at least US$ 1 million

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  • Half of Singapore-based companies impacted by fraud lost at least US$ 1 million

    Half of Singapore-based companies impacted by fraud lost at least US$ 1 million

    Singapore, 3 March 2020 - Fraud and economic crime rates remain at record highs, impacting companies in more ways than ever. PwC’s biennial survey of business crime reports that these incidents are costing businesses. Close to one in four respondents reflected that the direct financial losses they experienced amounted to US$50 million or more, with another 31 per cent saying it was between US$1 mi

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