Look at the business page headlines of the past 12 months and you would be forgiven for thinking that corporate fraud has finally been accepted as a critical business issue.
After all, in the space of only a few months, we have had allegations of fraud at Enron, Allied Irish Bank, WorldCom… and the fallout from each of these has been significant in its own right. Indeed, at the time of writing, President George W Bush has just given a keynote speech in which he clearly put fraud – alongside terrorist activity – as one of the two major issues facing the US.
