It may come as a surprise to some that the typical fraudster in the workplace is not the bad-attitude ne’er-do-well that slinks off into the corner when faced with new responsibilities and additional tasks.
Rather, the high-performing extrovert that never takes a vacation is more likely to perpetrate a fraud against his employer.
Executive Summary The magnitude of employee fraud within organizations is also increasing, with one insurance expert estimating a typical large insured loss value of $10 million. Here Insurance Journal’s Stephanie Jones reports on a presentation for the 2013 RIMS meeting, where risk management experts painted a picture of the typical fraud perpetrator in the workplace.Fraudsters are generally male, according to Mark Lowers, president of the Purcellville, Va.-based international risk management firm, Lowers & Associates. “They’re typically tenured, people that have been with an organization for quite some time and are generally high performers.