TRAJECTORY
Joe started as a clerk, worked his way up to human resources, treasury, and is now the VP of Procurement
NOFRAUD.la
We detect and prevent corporate fraud
with innovative solutions
PROFILE OF THE PERPETRATOR
Joe, top executive a role model to follow
THE RED FLAGS STARTED
Red flags were triggered by Joe’s relaxed control of processes and chat of his luxurious cars and real estate properties.
THE FRAUD EXPLORER
The Fraud Explorer identified red flags regarding opportunity, justification, and rationalization
ROBBERY RUMORS
Using the red flags, the audit group was able to identify misappropriation of assets
PROPENSION TO FRAUD
Percentage of population to commit fraud in a survival situation
10 %
ALWAYS
LOOKING FOR
FRAUD
I only took
advantage of
the opportunity
80 %
WILL COMMIT FRAUD
JUSTIFYING
CIRCUMSTANCES
I need to keep
my life style,
I found a solution
10 %
WILL NEVER
COMMIT
FRAUD
I like a life
of honesty
and truth
WHAT WAS FOUND ?
Natural language dialogue and AI combined
100.000
behaviors
OPPORTUNITIES
“I sell much cheaper, I know what they need here and how they want it”
RATIONALIZATION
“They ask me for savings, I give it to them, here we all win and I am not stealing anything”
CORPORATE PRESSURE
“They are demanding cost saving; I will be evaluated by the same token”
SOCIAL PRESSURE
“I have accomplished so much in my life and work; I cannot fail now!”
WHAT WE DETECT
NOFRAUD and The Fraud Explorer contributions helped find:
BRIBERY AND
CORRUPTION
Conflicts of Interest, bribery, bid rigging, illegal gratuities, lies and economic extortion
ASSET
MISAPPROPRIATION
Money, inventory, and asset theft, fraudulent disbursements, information leakage
FINANCIAL
STATEMENT FRAUD
Falsification and lies in financial statements and reports, loss of documents
Link to: Contact
We provide value to businesses, by predicting, preventing, and detecting unethical behaviors