Crowe UAE Joins Movement to Shine a Spotlight on Fraud

Crowe UAE Joins Movement to Shine A Spotlight on Fraud 

International fraud awareness week kicks off Nov. 12 - 2023 worldwide

8/31/2023
Crowe UAE Joins Movement to Shine a Spotlight on Fraud

Dubai, UAE – Fraud costs organizations worldwide an estimated 5 percent of their annual revenues, according to a study conducted by the Association of Certified Fraud Examiners (ACFE). Occupational Fraud 2022: A Report to the Nations analyzed 2,110 occupational fraud cases that caused a total loss of more than $3.6 billion.

The seriousness of the global fraud problem is why Crowe UAE announced that it will be participating in International Fraud Awareness Week, Nov. 12-18, 2023, as an official supporter to promote anti-fraud awareness and education. The movement, known commonly as Fraud Week, champions the need to proactively fight fraud and help safeguard business and investments from the growing fraud problem.

Crowe UAE joins hundreds of organizations who have partnered with the ACFE, the world's largest anti-fraud organization and premier provider of anti-fraud training and education, for the yearly Fraud Week campaign.

During Fraud Week, official supporters will engage in various activities, including: hosting fraud awareness training for employees and/or the community, conducting employee surveys to assess levels of fraud awareness within their organization, posting articles on company websites and in newsletters and teaming up with local media to highlight the problem of fraud.

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Nadeem Maniar
Partner, DIFC- Fraud and Forensic services