By the Dispute Resolution & Litigation team, MST Lawyers
The PricewaterhouseCoopers 2014 Global Economic Crime Survey found Australian businesses report more crime than those in other areas of the world.
Corporate crime may involve hacking, theft or accounting fraud.
Regular audits and whistle-blower programs can help to reduce the risk of fraud. If you find something “not right” we urge you to investigate further. Many organisations provide very competent fraud investigation services. A proper and thorough investigation will increase your chances of obtaining appropriate civil remedies and the police taking action to prosecute any breaches.
Franchisors, for example, should be prepared to monitor the activities of franchisees who they suspect might not be recording all sales through legal surveillance or other methods rely on their franchise agreements to take appropriate action.
